As long as there has been mobile commerce, there have been calls for different stakeholders to share competitive turf in the name of universal acceptance.

Last week's deal between Mastercard and Visa to allow each network's digital wallet to use the token protections from the other is substantial progress in the path to cooperation, enough to inspire more collaboration in an industry where sharing hasn't always been easy, according to Silvio Tavares, president and CEO of CardLinx, a collaborative organization that advocates for standards for card-linked offers and other products that link to payment cards.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry