Telefónica, Visa plan mobile payments rollout in Europe
09 July, 2012
category: NFC
Telefónica Digital has announced a partnership with Visa Europe to deliver a variety of mobile commerce services to Telefónica subscribers across Europe.
The agreement will see both companies co-invest in the development of new products and services in the NFC payments, mobile wallet, mobile point of sale, and merchant offers markets.
According to Telefónica, the agreement builds on the partners’ existing partnership in the UK and Ireland, and solidifies their relationship as preferred partners for the issuance of payment cards and mobile payment services in Europe.
Telefónica has been involved in a number of NFC projects over the years, including the creation of an NFC district in Madrid and most recently an NFC payments venture in Latin America with MasterCard.