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Title: News: VISA ‘tokenization’ may speed Apple Pay EU deployment Post by: HCK on February 24, 2015, 09:00:29 pm News: VISA ‘tokenization’ may speed Apple Pay EU deployment
VISA has announced that it will be introducing a new payment “tokenization” service in Europe designed to help facilitate mobile payment solutions. Intended to be available for European financial institutions to take advantage of as early as April, the new service will replace traditional plastic credit card numbers with unique one-time tokens that can be used to authorize payments without needing to expose account information. This form… Source: News: VISA ‘tokenization’ may speed Apple Pay EU deployment (http://www.ilounge.com/index.php/news/comments/visa-tokenisation-may-speed-apple-pay-eu-deployment) |