Visa launches "Tap-to-Add Card" in Egypt

Visa (NYSE: V), the global leader in digital payments, has announced the launch of the Tap-to-Add Card in the Egyptian market. This innovative solution aims to promote the use of digital wallets, providing customers with a more secure and seamless payment experience, allowing cardholders to add their Visa contactless cards to digital wallets with a simple tap on their mobile device. Bringing enhanced security and convenience, Tap-to-Add Card eliminates the cumbersome process of manual entry, a common source of errors and a vulnerability exploited by fraudsters seeking to compromise sensitive card information. Upon tapping, a unique one-time code is validated by Visa's Chip Authenticate service, ensuring secure provisioning of card credentials and offering a significantly faster and more secure alternative to traditional methods.