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Visa is a global digital payment technology company catering to individual and commercial clients, financial institutions, government entities, and merchants. It facilitates global e-commerce through digital payments and information. The company’s transaction processing network, VisaNet, manages clearing, authorization, and settlement of payment transactions. Its portfolio consists of payment cards, commercial payments, transaction processing services, digital services, and merchant solutions. The company operates in the Americas, Europe, Asia Pacific, the Middle East, and Africa.
This report explores Visa’s digital transformation strategies. It provides extensive insight into its technology initiatives, covering partnerships and product launches. In addition, the report includes details of the company’s estimated ICT budget for 2020.
- Visa has extended its customer offerings to new channels such as mobile and the Internet of Things through Visa Token Service, new use cases like peer-to-peer services through Visa Direct, and newly digitized and optimized manual processes via Connected Card.
In November 2017, Visa introduced an initiative called Visa Ready for Transit, enabling technology companies to join Visa in developing contactless payment solutions for public transport. By February 2018, Visa had partnered with 16 technology companies across 10 countries as part of its transit program.
Reasons To Buy
- Learn about Visa’s fintech operations, including investments, product launches, partnerships, and acquisitions.
- Gain insight into its fintech strategies and innovation initiatives.
- Discover which technology themes are under the group’s focus.