Visa Inc has announced this week that they have signed a deal with Google licensing the global brand to use the Visa PayWave NFC payment technology. Visa account holders will soon be able to add their credit, debit and prepaid card account to Google Wallet, the app which launched earlier this week that turns smartphones into digital wallets.
Visa and Google have made this agreement in order to simplify the shopping experience for their cardholders.
"Mobile technology is transforming how people pay for goods and services," said the global head of product at Visa Inc., Jim McCarthy. "This agreement builds on Visa's strategy of enabling consumers to make mobile payments with whatever device they choose using the trusted accounts they already have."
Stephanie Tilenius, vice president of Commerce and Payments at Google stated, "This agreement extends Google Wallet to Visa account holders worldwide. This is a crucial step towards realizing our shared vision for the future of mobile commerce - one that creates a rich shopping experience for consumers and merchants alike."
Google Wallet is expected to include a wide range of credit card companies, coupons and more over the next several months including Discover and American Express.
As always, stay tuned to CreditCardsProfessor.com for more of the latest credit card news, special offers and important cardholder updates.
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