Why tokenization is the key to mobile payment security

Mobile payments can be a finicky business. Consumers are presented with a broad range of payment options and channels – from Apple Pay to Google Wallet to Visa Checkout – all vying for majority adoption. The industry’s brightest minds and deepest pockets are at work to create better commerce experiences, including Samsung, Wal-mart, Google, PayPal and scores of startups in the fintech space. In fact, during the first three quarters of 2014, global payments and transaction startups raised a combined $1.18 billion through 75 funding deals. Plus, more and more banks have launched plans to build mobile payments directly into…

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