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    Visa Token Service

    News about Visa Token Service.

    Visa opens up its tokenization platform to third party suppliers

    October 25th, 2016

    Visa is allowing third-party partners to offer its Visa Token Service (VTS) platform, allowing device manufacturers, issuers, internet of things developers, wallet providers, merchants and others to offer its digital payment service on any device…. More

    Emirates NBD launches NFC payments

    August 11th, 2016

    Customers of UAE-based bank Emirates NBD can now make mobile payments using Emirates NBD Pay, a feature added to the bank’s mobile banking app utilising Visa Token Service. “Emirates NBD’s Visa credit and debit card customers can use their NFC-enabled Android mobile devices to make purchases at NFC-enabled point of sale terminals by upgrading their mobile banking app on the Google Play store,” the bank says.

    G&D integrates Convego CloudPay with Visa Token Service

    April 21st, 2016

    PARTNER NEWS: Giesecke & Devrient (G&D) has integrated its Convego CloudPay solution with Visa Token Service (VTS). The integration will allow G&D to request and provide payment tokens from VTS to Visa issuers’ host card… More

    Visa to end support for alternate PANs in cloud-based payments

    March 4th, 2016

    Visa has updated its cloud-based payments specifications to include a requirement for issuers to migrate from alternate PANs to tokenization, NFC World has learned. Alternate PANs are used by most of the issuers that have… More

    Visa extends Visa Token Service to auto manufacturers

    February 23rd, 2016

    Visa is extending its Visa Token Service platform to auto manufacturers to enable in-vehicle payment experiences through Visa Checkout. The company has partnered with Honda and car parking solutions provider ParkWhiz to demonstrate fuel and parking proof-of-concept solutions at Mobile World Congress in Barcelona this week. More

    Visa expands Visa Ready Program to wider range of connected devices

    February 22nd, 2016

    Visa is expanding its Visa Ready certification program to include Internet of Things (IoT) companies such as manufacturers of wearables, automobiles, appliances and clothing so that secure payments can be added to a wider range of connected devices, the payment network has announced at Mobile World Congress.  More

    National Australia Bank launches HCE mobile payments

    January 27th, 2016

    Customers of National Australia Bank (NAB) can now make host card emulation (HCE) based mobile payments at any contactless terminal using NAB Pay, a new service that has been integrated into the bank’s existing mobile… More

    Asian first for Visa Token Service

    December 14th, 2015

    Visa has announced that the host card emulation (HCE) based mobile payments service launched by United Overseas Bank (UOB) in November is the first in Asia Pacific to make use of the Visa Token Service. “UOB has implemented the Visa Token Service as part of its digital wallet UOB Mighty,” Visa says. The service lets customers in Singapore make mobile payments for transactions of any value at all Visa PayWave or MasterPass terminals.

    Capital One adds NFC mobile payments to wallet app

    October 15th, 2015

    Capital One has become the first US bank to enable NFC payment capability within its own mobile app to allow customers to pay at any contactless terminal using their mobile device. The service makes use… More

    Carta launches turnkey tokenization platform for cloud-based payments

    October 15th, 2015

    PARTNER NEWS: Transaction technology provider Carta Worldwide has introduced an appliance-based turnkey solution that aims to dramatically reduce the time it takes for large banks, processors and domestic networks to bring tokenized HCE mobile payment… More

    Chevron to offer NFC mobile payments at the pump

    October 6th, 2015

    Oil and gas company Chevron has teamed up with Visa to offer mobile payments at the pump at 20 locations in San Francisco and Silicon Valley from “later this fall”. The service will be compatible… More

    Stripe gets access to Visa Token Service through strategic partnership

    July 29th, 2015

    Mobile and online payment provider Stripe has entered into a strategic partnership with Visa that will make it one of the first beta partners to connect to Visa’s network capabilities, giving its developer community access… More

    Visa signs up 2,300 financial institutions for Visa Token Service

    July 24th, 2015

    More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call. The… More

    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

    Visa sets out tokenization expansion plans

    February 13th, 2015

    Visa is to expand its Visa Token Service to more regions, to a range of mobile devices and to online transactions made using its Visa Checkout service in 2015, the payments network has announced, “helping to… More

    Visa CEO discusses Apple Pay and tokenization rollouts

    February 3rd, 2015

    “We continue to see good success with Apple Pay,” Visa CEO Charlie Scharf has told investors during the company’s first quarter earnings call. “On our tokenization efforts, we are very actively working with issuers in… More

    Visa CEO identifies mobile payment as major growth driver

    October 31st, 2014

    Mobile payments will be a “great driver” for Visa, CEO Charles Scharf has told analysts during the company’s Q4 earnings call, and Apple Pay is just the beginning. “A proliferation of exciting mobile and digital… More

    Visa launches token service to support Apple Pay and more

    September 10th, 2014

    Visa Token Service, the payment network’s new platform that enables card account numbers to be replaced with digital tokens that ensure the cardholder’s actual card number is never shared with merchants, is now live and… More

    Visa to launch new payments service in September, Apple could be the first customer

    July 24th, 2014

    Visa has unveiled a suite of services designed to “facilitate secure payments across a broad range of internet-connected devices and wearables”. The announcement of the new Visa Digital Solutions service comes amid reports that Apple… More