Visa announces credit card tech that could speed up Apple Pay’s arrival in Europe

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Visa Europe has announced that it’s introducing a secure way to pay with your smartphone while keeping your credit card details concealed. Bringing_the method to Europe could speed up the arrival of Apple Pay and other new contactless payment services. Visa says it will introduce “tokenization” by mid-April. The technique substitutes your credit card information with a series of numbers that can be used to authorize payment without revealing your actual account details. When you use your smartphone to make a contactless payment, the token is submitted, instead of your account information. The introduction of token-based security by Visa and…

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