Contactless payments are the future , says Visa Europe CEO . ' Ayliffe said the changes do n't come cheap either . ` Tap and pay ' is a way of paying for products by swiping your card or phone . CEO of Visa Europe , predicts that cashless payments will overtake other methods by 2020 . The future requires putting in place a whole new set of financial infrastructure .
Contactless payments are the future , says Visa Europe CEO . ' Tap and pay ' is a way of paying for products by swiping your card or phone . CEO of Visa Europe , predicts that cashless payments will overtake other methods by 2020 . The future requires putting in place a whole new set of financial infrastructure .