Photo Coverage: ETA Hosts Lunch and Learn on Contactless Payments at Visa Innovation Station in DC
7-25-2018
The Electronic Transactions Association (ETA) hosted a Lunch and Learn session on contactless payments technology at ETA member Visa’s interactive Innovation Station in downtown Washington, D.C. Attendees, including federal policymakers and staffers, were given interactive demonstrations of contactless payments technology before a Q+A panel with ETA CEO Jason Oxman and Visa Senior Vice President, Head of Regional Accounts Tom Brooks.
Contactless payments technology allows customers to simply tap a payment terminal with their bankcard or mobile device to complete a transaction. Contactless payments through bankcards and devices like smartphones, smartwatches and other wearable technologies are faster and more secure for consumers and businesses.
The Visa Innovation Station included demonstrations of contactless mobile payments, contactless tap-and-go card payments, cashierless checkout and transit and ticketing applications. After interactive tours led by Visa payments technology experts, attendees learned about the form, function and benefits of contactless payments in the United States.
“Contactless payments are the future of payments technology in the United States,” Oxman told Transaction Trends after the event. “As the voice of the payments technology industry, ETA is proud to come together with Visa to offer this educational opportunity for policymakers in Washington.”
About ETA
The Electronic Transactions Association (ETA) is the world’s leading advocacy and trade association for the payments industry. Our members span the breadth of significant payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U.S. and in more than a dozen countries around the world. ETA members make commerce possible by processing approximately $56.75 trillion annually in purchases and P2P payments worldwide and deploying payments innovation to merchants and consumers.
ETAs membership spans the breadth of the payments industry to include independent sales organizations (ISOs), payments networks, financial institutions, transaction processors, mobile payments products and services, payments technologies, and software providers (ISV) and hardware suppliers. For more information, visit electran.org.
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