Visa expanding mobile payment options

On Tuesday, Visa announced new mobile payment options for clients and partners. The offer follows a new Host Card Emulation (HCE) feature for Android operating systems, which allows smartphone users to make payments with any NFC app. Financial institutions will be able to issue and host Visa accounts in the cloud, and clients will experience new flexibility in their mobile payment options. Recent security breaches at Target are still top of mind for consumers, and Visa has outlined a “mutli-layered defense” strategy to assuage the public’s fears.

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