Visa changes coming this year will mean fewer cards for Americans

Visa announced significant changes, introducing the Visa Flexible Credential allowing users to link multiple credit and bank accounts to a single card. This innovation, already available in Asia, will launch in the U.S. later this year. Additionally, Visa plans to expand mobile "tap" payment options and introduce a Payment Passkey Service for online payments using biometric verification, aiming to enhance convenience and security in financial transactions.