Allied Wallet has today become one of the 45 approved Visa Merchant Agents
Visa Europe announced that after 31 December 2012 banks should only allow their merchants to use Merchant agents that have been registered with Visa Europe, to ensure that agents comply with appropriate standards of security and acceptable business practice. The term 'agent' can include any entity that provides payment or payment related services to merchants (wallet providers, payment processors, shopping carts, web hosting companies etc)
From 1 Jan 2013, banks must either move their merchants from existing agents to ones that have been listed, or terminate the merchant's processing contract. Failure to do so may incur penalties from Visa Europe.
It is estimated that there are anything up to 6000 agents...