Visa created a mini card to make paying faster and more convenient.
New Visa Card - Visa's contactless payment card is issued as a complementary card to a Visa credit or debit card.
The Visa Contactless Mini Card is nearly half the size of a traditional payment card, and can be carried on a key ring. The card includes a key chain sized hole in one corner.
Like the standard sized Visa Contactless card, the Contactless Mini Card has an embedded contactless chip and antenna that deliver the contactless functionality, as well as a magnetic stripe to ensure that consumers can use the card wherever Visa is accepted.
Issuer, merchant, and cardholder interest in contactless payments continues to surge. Visa research shows that the mini card is the second most preferred form factor after the standard-sized card, with the majority of consumers stating that they would be interested in adding contactless functionality to a mini card. Now Visa issuers can offer both standard-sized and mini contactless cards to their cardholders in full, large-scale deployment.
The launch of the Visa Contactless Mini Card was made possible through the expansion of the Visa Smart Breakthrough program, which resulted in a new, cost-effective, and more flexible contactless chip solution. Visa worked with its partners in card technology and manufacturing to reduce the size of the antenna embedded in a contactless device. In addition to mini cards, the new contactless solution has the flexibility to support other form factors, including 3D key fobs, mobile phones and other handheld devices. The Visa Contactless Mini Card is the only alternative contactless form factor in the U.S. that today can be issued as a companion card to all of the standard-sized cards in Visa's U.S. cardholder base.