Australia to get Visa tokens in 2015

Australia is to become the second country after the US in which Visa Inc will roll out tokenization. The move follows news that three in five (60.4%) face-to-face Visa transactions in Australia are now contactless — compared to 14% in Canada and 21% in Singapore — and 53% of consumers are now interested in mobile payments. “2015 is posed to be the tipping point for mobile payments,” says Visa’s Stephen Karpin.