Visa’s head of mobile innovation, Bill Gajda, heralded the company’s plan to turn mobile devices into “true digital wallets” during his recent keynote at the 2011 GSMA Mobile Money Summit. Referencing what he described as “the convergence of mobile and payment networks,” Gajda’s vision for a mobile wallet focuses on “mobilising existing Visa accounts, extending mobile banking to payments, enhancing the consumer payment experience, enabling customer control, and offering new transaction types… We are looking at how we put consumers more in control.”