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Visa Europe

News stories featuring Visa Europe:

TEB to roll out HCE payments in Turkey

March 26th, 2015

Turkey’s Türk Ekonomi Bankasi (TEB) has become the latest European bank to announce plans to launch a host card emulation (HCE) based mobile payments service using a tokenization platform unveiled by Visa Europe in February. “Customers will be able to make Visa contactless payments at more than 2.4m contactless terminals across Europe with a simple tap using the bank’s CepteTEB mobile application,” says Visa Europe.

Visa Europe expands on customised tokenization plans, will go live mid-April

March 5th, 2015

“Tokenization does a couple of things brilliantly; one is it really helps on facilitating innovation, facilitating the use, for example, of mobile phones for payments,” Visa Europe’s Sandra Alzetta told NFC World following the payment… More

Visa Europe to introduce customized token platform

February 25th, 2015

Visa Europe is to launch a tokenization service “customized for the needs of the European market”, the payments network has announced. The new service will be available for financial institutions from mid-April 2015. “Tokenization is… More

Generation Z prefers biometrics to passwords

February 9th, 2015

Three quarters (76%) of the UK’s “Generation Z” consumers — aged between 16 and 24 — say they would feel comfortable making a payment using biometric security, a survey conducted by Opinion Matters for Visa Europe has revealed, and 69% believe it would make their lives faster and easier. Overall, Generation Z rated biometrics as a 7 out of 10 compared with non-biometrics at 6 out of 10.

Visa Europe to invest in digital payments

February 3rd, 2015

Visa Europe is to invest more than €200m a year in new payments technologies to accelerate the growth of digital payments, the payments network has announced. The aim, says CEO Nicolas Huss, is to “further eat away at the 70% of transactions that are still settled in cash in Europe.”

Young Brits ready to ditch PINs for biometrics

January 22nd, 2015

Three quarters of British consumers aged 16 to 24 (76%) say they would feel comfortable using biometric security when making a payment, with more than half keen to see facial recognition, fingerprints and retina scans replace passwords… More

Nine Polish banks to launch HCE mobile payments

January 7th, 2015

Nine Polish banks are to launch host card emulation (HCE) based mobile payments services using Visa’s cloud-based payment specifications “from early this year,” allowing their customers to make contactless payments using NFC-enabled Android smartphones. Taking part… More

High value contactless payments arrive in the UK

November 26th, 2014

A new service that lets NFC phone users enter their PIN on their mobile device to confirm a high value transaction is making it possible for UK consumers to make contactless payments valued at more… More

French banks to pilot HCE payments

November 5th, 2014

Visa Europe has partnered with payment and transaction services provider Worldline to pilot NFC mobile payments using host card emulation (HCE) with four French banks in the first quarter of 2015. The participating banks will… More

Visa details Apple Pay setup process

October 17th, 2014

iPhone 6 and 6 Plus users with Visa cards issued by Bank of America, Capital One, Citi Bank, Chase and Wells Fargo Bank will be able to use Apple Pay in stores from launch on 20 October, Visa says. More

Apple hires Visa Europe NFC lead

September 24th, 2014

Mary Carol Harris, Visa Europe’s high profile director of mobile, has joined Apple Europe to work on Apple Pay. Harris has been involved in commercializing NFC mobile payments since 2006 when she led the team that launched the O2 Wallet NFC initiative in the UK — one of the world’s first NFC pilots — and has worked on NFC for Visa Europe since 2008.

UK contactless transactions surge

August 5th, 2014

The number of UK contactless payments has risen 18% in just one month to almost 20 million transactions in May 2014, Visa Europe has revealed. “Growth in Visa contactless payments is accelerating at a phenomenal pace,” says Mark Austin, director of contactless at Visa Europe.

Visa Inc abandons digital wallet ambitions, Visa Europe to continue investing

July 17th, 2014

Visa Inc is replacing its V.me digital wallet service with Visa Checkout, a new payment service that enables consumers in the US, Canada and Australia to pay for goods online, on any device, in “just… More

BBVA launches NFC payments based on Visa HCE specifications

June 30th, 2014

BBVA has become the first bank to launch a commercial NFC payments service that makes use of Visa’s cloud-based payments specifications. Customers in Spain with an Android NFC handset can use host card emulation (HCE)… More

SMEs ready to embrace mPOS

May 16th, 2014

The use of mobile point-of-sale solutions by small businesses in Europe will take off dramatically in 2014, according to a survey of 2,000 SMEs commissioned by Visa Europe. The number of merchants in five European nations signing up for chip and PIN-based mPOS increased by more than 60% in the last quarter of 2013. “Small businesses have been traditionally reluctant to embrace card payments but across Europe that is changing,” says Caroline Drolet, head of mobile point-of-sale at Visa Europe. “mPOS is the catalyst for that.”

TfL tests NFC for London Underground ticket payments

April 24th, 2014

Transport for London (TfL) is testing payments via NFC phones for use on the tube and the overground rail network and is piloting contactless card payments with some 5,000 volunteers. Passengers will be offered the… More

Agos Ducato pilots microSD NFC

March 20th, 2014

Italian financial services provider Agos Ducato is piloting microSD-based NFC payments in partnership with Visa Europe. The 1,000 participants in the trial are able to make payments at contactless-enabled merchant locations across the Milan and Monza areas.

Telecom Italia and Visa Europe to roll out NFC payments in Italy

November 14th, 2013

Italian carrier Telecom Italia and Visa Europe have signed a strategic agreement which will see NFC payments rolled out across Italy to more than 31 million customers of the TIM mobile network from 2014. The new service… More

Volkswagen Bank tests iPhone NFC payments

September 23rd, 2013

Germany’s Volkswagen Bank is conducting an NFC payments pilot using iPhone 4, 4S and 5 smartphones equipped with an iCarte add-on case. Android NFC phones are due to be added in 2014. The trial, involving… More

Visa to launch NFC payments in the UK this year

June 12th, 2013

Visa Europe is to launch an NFC mobile payments service in the UK by the end of 2013, the payments network has confirmed to NFC World — although the exact launch date and full details… More

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