News about mVisa.
November 10th, 2016
Smartphone maker Micromax is to offer the mVisa QR code-based mobile payments service through its Udio mobile app across India, in collaboration with Visa and payments solution provider TranServ. The service will be available to…
November 2nd, 2016
Pan-African banking group Ecobank has signed a memorandum of understanding (MoU) with Visa to roll out the mVisa QR code-based mobile payment service in 33 African markets by the end of 2016. “This MoU will help Ecobank reach 100m customers,” the company says. mVisa was unveiled in August 2015 through a pilot with Indian banks. Ecobank also signed an MoU with Mastercard last month to launch Masterpass QR mobile payments across Africa.
September 21st, 2016
Visa has launched its mVisa QR code-based mobile payment service in Kenya with Co-Operative Bank, Family Bank, KCB and NIC Bank. “With mVisa, consumers can directly access all of the funds in their bank accounts to pay merchants or individuals,” Visa says. mVisa was unveiled in August 2015 through a pilot with Indian banks. ICICI Bank became the first to offer the service to consumers in October, followed by State Bank of India, which announced its support for mVisa in May 2016. It is due to arrive in Nigeria by the end of this year.
August 18th, 2016
Visa is in “advanced discussions with leading Nigerian banks” — including Diamond Bank — to roll out its mVisa QR code-based mobile payments service in the country before the end of 2016. mVisa was unveiled in August 2015 through a pilot with Indian banks. ICICI Bank became the first to launch the service to consumers in October, followed by State Bank of India, which announced its support for mVisa in May 2016.
May 6th, 2016
Customers of State Bank of India (SBI) can now make QR code-based mobile payments using mVisa, the mobile payment platform unveiled by Visa and piloted by SBI in August 2015. “Bank customers can simply download the latest version of SBI Anywhere application and register for mVisa payments by simply clicking the mVisa icon on the home screen,” SBI says. “In the first phase, SBI’s mVisa service has been introduced in Bangalore city — this facility will be gradually expanded to other cities.”
April 21st, 2016
Handset maker Micromax will soon begin offering its customers in India an NFC mobile payment service through a collaboration with Visa and payment solutions provider TranServ.
March 15th, 2016
Customers of India’s ICICI Bank will soon be able to make host card emulation (HCE) based mobile payments at any contactless-enabled terminal using the bank’s Pockets app. The service, which makes use of tokenization, is currently available to the bank’s employees and is expected to go live for customers at the end of March 2016.
October 9th, 2015
ICICI Bank has become the first Indian bank to launch a mobile payment service based on Visa’s mVisa solution, which was unveiled in August 2015. “With this service, users of Pockets can make cashless payment from their smartphones using their debit card by simply scanning an mVisa QR code at a merchant location,” the bank says.
August 6th, 2015
India’s Axis Bank, HDFC Bank, ICICI Bank and State Bank of India (SBI) are to pilot a mobile payment service developed by Visa this summer that will let select customers make in-store, online and bill payments as well as send and receive money using their mobile devices.