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Title: Why Visa's latest move in Europe signals Apple Pay is on the way Post by: HCK on February 25, 2015, 09:00:18 am Why Visa's latest move in Europe signals Apple Pay is on the way
<article> <section class="page"> <p>Visa Europe is prepping the continent for widespread mobile payment rollout with its new tokenization tech—the same kind of tokenization that makes it possible for Apple Pay to function securely.</p><p>In mid-April, the company is going to offer its new tokenization service (http://www.visaeurope.com/media/pdf/20989.pdf) to financial institutions in Europe, where NFC payments are already widespread thanks to chip-and-pin cards. Transactions using contactless payments will soon submit tokens, or randomly generated card numbers, instead of actual card details. Tokenization adds an extra layer of security to mobile payments and has been one of Apple Pay’s main selling points over traditional cards.</p><p class="jumpTag"><a href="/article/2888352/why-visas-latest-move-in-europe-signals-apple-pay-is-on-the-way.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article> Source: Why Visa's latest move in Europe signals Apple Pay is on the way (http://www.macworld.com/article/2888352/why-visas-latest-move-in-europe-signals-apple-pay-is-on-the-way.html#tk.rss_all) |