• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

Jumio next-generation of digital ID verification.
  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Visa Token Service to Reach 12 European Markets by End of Year

February 24, 2017

Visa says that by the end of the year its Visa Token Service will be in use in 12 European markets, and could be instrumental in securing IoT payments in the years to come.

Visa Token Service to Reach 12 European Markets by End of YearThe service supports digital payments by replacing cardholders’ account information with unique codes that are of no value to hackers. Having opened the service’s back-end to third party developers last autumn, the company is now celebrating its growth as more financial institutions and mobile payment platforms seek to leverage such security. It’s already active in 27 countries, including five in Europe, and Visa expects that latter number to reach at least 12 by the end of the year.

Meanwhile, the service could help to support digital payments through new avenues emerging with the Internet of Things, such as transactions conducted through smart cards or smartwatches. Visa has entered into a partnership with IBM to develop these kinds of use cases going forward with the aid of IBM’s Watson IoT platform.

Visa’s forecast was announced at the launch of its Innovation Center in London this week.

Filed Under: Industry News

Related News & Articles

BioIntelliSense Forms Strategic Partnership with American College of Cardiology

Amazon Brings Alexa Behind Enemy Lines Via Mobile App

Gemalto, Huawei Team Up to Offer Easy IoT Connectivity

Primary Sidebar

Read the Latest Year in Review Analysis:

IDEMIA big box

Tweets

Aware ABIS webinar

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/
Aware ABIS webinar

Recent Posts

  • Socure KYC Solution Gets Baker Tilly Stamp of Approval
  • IDEMIA Unveils ‘Smart Metal Art’ Payment Card Offering
  • Cerence and CerebrumX to Use Car Data to Generate New Revenue Opportunities
  • WHOOP Becomes Official Wearable of CrossFit
  • Fingerprint Sensors, Selfie Biometrics, Ankle Bracelets and More: This Week’s Top Stories
FacePhi Selphi

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives

Follow Us

Copyright © 2021 MobileIDWorld