Visa extends IoT play
Visa added 13 new partner companies to its Token Service Provider (TSP) program, which allows firms to use Visa credentials and standards to offer tokenized payment offerings in their devices.
The firms include FitPay, Infosys, and others, and focus on areas largely outside of North America, with players in Asia-Pacific and India; Europe; the Middle East and Africa; and Latin America and the Caribbean. The move vastly expands Visa’s TSP program, which launched in October, and ultimately pushes the firm further into the IoT.
Visa’s move comes at a time when connected device payments are on the cusp of the mainstream. Read more…
