Telefónica Digital and Visa Europe have agreed a partnership to develop new mobile commerce opportunities in the European countries where Telefónica operates. It builds on the existing relationship between Telefonica and Visa Europe in the UK and Ireland, establishing Visa Europe as Telefónica’s preferred partner for the payment cards and associated mobile payment services.
Joaquin Mata, Director of Financial Services at Telefónica Digital, said “Visa has been an important partner for a number of years in Europe, helping us to trial, test and ultimately launch mobile payments products. This market has enormous untapped potential and through this partnership with Visa Europe we aim to unlock significant new business opportunities.”