payWave

Bill Gajda, Visa's global head of mobile since 2010, sat down with FMC's Sandhya Raman at last week's Mobile World Congress trade show to talk about these announcements and Visa's mobile strategy at large. The following is a lightly edited version of that conversation.

Visa's payWave application will come pre-installed on all next-generation Samsung phones, in a new partnership between the financial giant and the handset maker.