The National Australia Bank (NAB) has launched its new mobile payment service – NAB Pay - backed by Visa, making it the first bank to use Visa’s Tokenisation Service as the mobile security platform.
Visa has launched its first Token Service - a relatively new security technology that replaces sensitive payment account information found on payment cards – in the Asia Pacific regional market.
Is MasterCard desperate for Australians to give up cash? Cash may ‘no longer be King’ according to a MasterCard survey, but is that just a credit card company’s dream scenario?
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Change your credit card number with them and just let the money dry up with them!