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Mobile Payments soar as Europeans embrace new ways to pay

The number of Europeans regularly using a mobile device for payments has tripled since 2015 (54% vs 18%) 74% of British consumers are ‘Mobile Payments users’ – people who manage their money or make payments using a mobile device The fastest growth rate for mobile banking adoption is with 55-64 year olds

Apple Pay Now Available to Visa Cardholders in Switzerland

Visa Inc. announced today that around 1 million Visa cardholders in Switzerland now have access to the newly launched Apple Pay – giving users an easy, secure and private way to pay

Apple Pay Coming to Millions of UK Visa Cardholders

Visa Europe will offer Visa debit, credit and reloadable prepaid cardholders access to Apple Pay "Supported by Visa’s extensive contactless infrastructure, Apple Pay in the UK offers an easy, secure and private way to pay, catapulting mobile payments into the mainstream" Jeremy Nicholds, Visa Europe

Smart devices on track to replace cash and cards

Smart devices on track to replace cash and cards as UK mobile payments projected to hit over £1.2bn a week by 2020 -UK mobile payments predicted to grow three-fold in the next five years as shoppers embrace new options and spend more on mobile -One in four estimate spending more than £50 a week on mobile by 2020

Payment tokenisation service launched

Service protects customer data to enable secure and convenient payments across a variety of technologies