NFC Times Exclusive Insight – Australia’s largest domestic debit network, eftpos, told NFC Times the network’s planned tokenization service would launch on time and contends the service would not struggle against Visa and MasterCard if those major networks launched their “free” tokenization services in Australia.
Eftpos is by no means the only domestic debit scheme globally that is gearing up to offer tokenization, now considered almost a must-have among networks and vendors in order to be competitive in the emerging mobile-payments space.
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