Visa Unveils New Products for Digital Age
(4 June 2024 – Singapore) Visa has announced a suite of new products and service solutions set to revolutionise the card and address businesses, merchants and consumers future needs and the financial institutions (FIs) that serve them.
The new products and services Visa unveiled today set to roll out in H2 2024 across the Asia Pacific (APAC) include Visa Flexible Credential, Tap to Everything, Visa Payment Passkey Service, Click to Pay and Data Tokens. The way people pay and get paid has changed more in the past five years than in the last 50. Consumers have evolved, adapting to new payment experiences from the advent of embedded, digital commerce to the rapid adoption of "the tap."
"Innovation in our industry is vital as payments serve as the fundamental vehicle of commerce enabling economies to thrive. There is a huge opportunity for the payments ecosystem to shape new digital experiences together. It is more critical than ever that we partner and collaborate closely to unlock meaningful value and impact for consumers, merchants and local communities” commented Visa APAC Regional President, Stephen Karpin.
"We are seeing a rapid transformation in the way consumers shop and manage their information in today's hyper-digitalised era. The new solutions that are unveiled today will bring truly digital-native payment experiences right into consumers' palms, setting the stage where commerce is made much more personalised, convenient and secure” stated Visa APAC Head of Products and Solutions, TR Ramachandran.
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