We introduce the notion of contact pair structure and the corresponding associated metrics, in the same spirit of the geometry of almost contact structures. We prove that, with respect to these metrics, the integral curves of the Reeb vector fields are geodesics and that the leaves of the Reeb action are totally geodesic. Mreover, we show that, in the case of a metric contact pair with decomposable endomorphism, the characteristic foliations are orthogonal and their leaves carry induced contact metric structures.