FEATURED STORY

Visa unveils new standard for mobile payments

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Visa Inc. has announced a new programme that connects financial institutions and technology companies to simplify and accelerate the roll-out of new payment and commerce services.

Visa’s new Digital Enablement Program(VDEP) builds on the company’s secure token technology and adds a turn-key, toll-free commercial framework accessible to more than 14,500 Visa financial institution clients and leading technology partners around the world. Google, with its Android Pay payment solution, is Visa’s first international program partner.

“With so many people using Android devices and a passionate developer community, we couldn’t be more excited to have Google as a partner in our program launch,” said Jim McCarthy, executive vice president of innovation and strategic partnerships at Visa.

“Through our new program, financial institutions can take advantage of our secure token technology todeliver the most popular mobile and digital payment services on the market today to their customers.”

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