Visa Unveils Partnerships for Mobile Payments and Connected Cars

By Tim Maytom

visa at MWC 2015

Visa has announced a series of partnerships over the first two days of Mobile World Commerce aimed at strengthening the company’s presence and commitment to mobile commerce and ensuring it is set for the increasingly mobile world.

The global financial company was one of the partners announced for Samsung’s new mobile payments solution Samsung Pay, supporting the manufacturer’s step into the market with its tokenisation solution that ensures security during transactions.

“Working in partnership with Samsung, we are able to bring secure mobile payments to millions of consumers around the world,” said Ryan McInerney, global president of Visa. “Combining Visa’s expertise in payment technology with Samsung’s global leadership in creating innovative mobile experiences gives more choice to financial institutions who want to enable their customers to pay with the new generation of mobile devices.”

Visa also announced a partnership with Bharti Airtel, which operates mobile networks in 20 countries across Asia and Africa, to bring mobile payment services to seven nations across Africa, including Kenya, Rwanda, Tanzania and Ghana.

The partnership will build on Airtel’s existing Mobile Money solution, which enables subscribers to use their Airtel Money account to pay in stores and online wherever Visa is accepted.

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Source:: Mobile App News