Visa Introduces Unified Card to Simplify Payments
New features aim to reduce physical cards and enhance digital transactions in the U.S.
- Visa's Flexible Credential will allow a single card to access multiple accounts and payment options.
- The changes will make the 16-digit card number less relevant and streamline digital wallet integration.
- Consumers can expect enhanced security with biometric authentication for transactions.
- Credit card delinquencies are rising, with nearly one-fifth of borrowers using 90% of their available credit.
- The Supreme Court upheld the constitutionality of the Consumer Financial Protection Bureau in a 7-2 decision.