The Visa Micro Tag key fob enables Visa cardholders to wave the device in front of a contactless payment terminal - this was made possible by embedding the payment device with the Visa payWave contactless technology feature. It can easily be attached to a key ring and was built to be small and durable, making payment for purchases faster, more secure and convenient since you no longer need to emboss or print your Visa account number on the device. Nice to see credit card companies find better and easier ways for us to spend our hard-earned money.
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[Source: Ubergizmo]