Aug 9, 2011

Visa To Ramp Up Chip Migration To Support NFC And Mobile Payments
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Written by : Tom George| 0 | Technology

Via Scoop.itinternetbillboards

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We know Visa is getting serious about mobile and digital payments. Part of this plan involves adopting NFC and other chip technologies that will enable mobile transactions.

Today, the company is announcing that it will accelerate the migration to EMV contact (those chips that are sometimes found in your credit cards) and contactless chip technology in the United States.

Visa says that the adoption of these chip technologies will help prepare retailers and payments companies for the arrival of NFC-based mobile payments by building the necessary infrastructure to accept and process chip transactions that support either a signature or PIN at the point of sale.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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