The new agreement for more than $59 million is meant to help extend smartphone money in Europe. Visa is now predicting that by the year 2020, over half of the transactions that are made by consumers in Europe will be done through mobile payments, so it is continuing to invest in this channel so that it will remain at the heart of this type of transaction. This is only one of several deals that Visa is currently making to stay central to this industry. The mobile payments partnership between Visa…
Read MoreMobile payments deal between Visa and Monitise is formed
