Changes from Visa mean Americans will carry fewer credit, debit cards

Visa has announced significant changes to how credit and debit cards function in the U.S., leading to potentially fewer physical cards in consumers' wallets. The new features will streamline multiple bank accounts into a single card and enhance security against online payment fraud. Additionally, Visa is introducing biometric approvals for transactions and simplifying the addition of cards to mobile wallets. These changes are set to roll out starting this summer, marking some of the most substantial updates since the introduction of chip-embedded cards.