Europe has taken a significant step forward in the digital payments landscape, with Visa announcing the launch of three fully digital wallets utilizing Near Field Communication NFC technology. This development comes as part of strategic partnerships with leading financial institutions, including Spains BBVA, Swedens Klarna, and the Nordic Vipps MobilePay, alongside an additional collaboration with Italys BANCOMAT for a pilot project set to begin in early 2026.
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