Mary Carol Harris, director of mobile at Visa Europe, will help drive forward Apple’s expansion into Europe’s mobile payments sector, it has been revealed.
With 14 years’ experience in the digital payments and mobile payment sector, Harris is an industry force to be reckoned with. Having previously headed up NFC at Telefonica, she switched to Visa in 2008, initially as a senior manager in the mobile payments unit before progressing to the joint role of vice president and head of strategic alliances and projects in mobile, contactless and innovation.
Earlier in her career, Harris also pioneered SMS and m-payment schemes in developing markets.
This extensive experience and insight the mobile payments ecosystem will doubtless make Harris a major asset to Apple as it works to secure partnerships with European banks ahead of its Apple Pay rollout. The company hopes to replicate the success it enjoyed earlier this month in the US, where Bank of America, Citi, Capital One, Chase and Wells Fargo have all announced their support.
A year after its first launch, Samsung Pay has revealed that in that time it has processed 100m unique transactions in seven countries.
Visa's contactless payment ring, worn by athletes at the Rio Olympics, is going on general sale.
In just under a year since the contactless spend limit was increased from £20 to £30, spending using the technology has increased by 173% by value and 112% by volume, according to latest figures from Barclaycard.
The US shift to the EMV standard is making progress, according to MasterCard, which said that 80% of its consumer credit cards now contain chips. This marks an 88% increase in adoption since the October 1st 2015 shift deadline.