News stories featuring Visa Europe:
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…
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.
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.”
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…
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…
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…
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…
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.
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.
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.
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…
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)…
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.”
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…
March 20th, 2014
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…
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…
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…
February 27th, 2013
“This solution allows the financial institution to 100% independently define its business model, thus solving the current barriers we are facing with current SE-based NFC solutions,” Carlos Alberto Pérez Lafuente, director of innovation for e-strategy and management at Bankinter, has told NFC World.
February 25th, 2013
The handset maker and payments network have announced a plan to pre-load Visa’s payWave applet on embedded secure elements in “selected” next generation Samsung devices — potentially enabling banks to offer NFC payments without any involvement from the mobile network operators.
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