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.
Britons are now carrying less than £5 in their wallets as newer payment methods such as contactless cards and smartphones become more and more popular, new research finds.
In the constantly changing world of commerce, innovation is not a fad but a necessity to address new consumer behaviours and purchasing experiences resulting from globalization and new technologies. It is required to continue to help merchants adapt to changing interactions with their customers, whatever the channel or service.
Charlie Scharf has this week announced his resignation from the post of Visa's chief executive officer. It come into effect on December 1st 2016.
When RBS suffered a payments failure last year, we witnessed exactly how a serious disruption to service can have an impact on customer trust, company reputation, and share price. How can financial organisations mitigate the risk of having a similar incident?