Justin Zhao’s Post

🚀 𝐁𝐥𝐚𝐬𝐭 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐏𝐚𝐬𝐭: Visa 𝐂𝐚𝐬𝐡 𝐑𝐞𝐚𝐝𝐞𝐫 🕰️ Who remembers this gem? 🤔 The Visa Cash reader from the early 2000s was ahead of its time in the world of micropayments, but as we all know, technology doesn't stand still. Fast forward to today, and it's all about speed, security, and convenience—enter contactless, chip and PIN, and modern payment innovations. 🔄 If your business is still operating on outdated payment systems, it might be time for a change! Don’t let old tech hold you back from offering your customers the frictionless, secure experience they expect today. 👉 Let’s chat about how you can refresh and future-proof your payments setup! 📲 Send me a DM, email me at adam.stanborough@dojo.tech, or call me directly on 07572430373 if your payment system is stuck in the past and needs a 21st-century upgrade! #fintech #paymentsolutions #digitaltransformation #innovation #futureofpayments

Visa Marks 10 Billion Tokens Since Launching the Technology a Decade Ago - Digital Transactions https://buff.ly/4aJ7oah #payments #tokenization #Visa #10billion #mobilewallets #creditcards #debitcards #ecommerce #mcommerce #pointofsale #fraudprevention #sensitivedata #credentials

In this Deep Dive edition of Fintech Wrap Up, I take a closer look at Visa Direct, a versatile push payment solution that leverages Visa’s global payment network. We dive into how it enables real-time transactions across multiple use cases, from person-to-person money transfers to business payouts. I break down the core components like the Funds Transfer API, Mobile Push Payment API, and the innovative Watch List Screening API. Plus, we explore the critical requirements for onboarding, from licensing to compliance with Visa's core rules. Whether you’re a developer, financial institution, or fintech innovator, Visa Direct’s real-time capabilities, extensive reach, and robust security make it a game-changer. I also share insights on use cases, geographic considerations, and tips for seamless implementation. It’s all about creating faster, more secure payment experiences—and Visa Direct shows us how it’s done. #fintech #payments #visa

Exciting developments at the Visa Payments Forum North (VPF) America this week, where we unveiled innovations that redefine flexibility in financial transactions and pave the way to more streamlined and secure payments. Imagine, for example, a payment card that integrates multiple functionalities – debit, credit, buy now pay later and rewards. The introduction of our Flexible Credential enables banks to provide their customers with just that – giving consumers unprecedented control over their transactions. This allows users to set rules and preferences tailored to their unique spending habits, offering even greater flexibility and convenience. This is just one of the upcoming innovations that were discussed at VPF – but it doesn’t stop there. We look forward to further discussions and to presenting more innovations at the upcoming Visa Payments Forum Europe in Paris! You can read all about the newly announced features here: https://lnkd.in/djfwhSfk #VPF2024 #Innovation #DigitalPayments

Visa has launched the Visa Commercial Solutions Hub, a new platform set to transform the $145 trillion commercial payments market. Designed for financial institutions and businesses, this hub offers streamlined access to a broad spectrum of payment solutions and fintech services. Gloria Colgan, head of product for VCS, emphasizes the benefits of enhanced visibility and quicker decision-making through a sleek interface. In dynamic collaboration with Danish fintech Cardlay, Visa is also enhancing spend management solutions. This move supports the rapid evolution of the commercial card landscape driven by digital demands. Virtual cards are at the forefront, with global transactions expected to soar from $2 trillion to $6.8 trillion by 2026. Can virtual cards redefine business financial strategies? Share your thoughts below. #CommercialPayments #FinTech #Innovation

In this Deep Dive edition of Fintech Wrap Up, I take a closer look at Visa Direct, a versatile push payment solution that leverages Visa’s global payment network. We dive into how it enables real-time transactions across multiple use cases, from person-to-person money transfers to business payouts. I break down the core components like the Funds Transfer API, Mobile Push Payment API, and the innovative Watch List Screening API. Plus, we explore the critical requirements for onboarding, from licensing to compliance with Visa's core rules. Whether you’re a developer, financial institution, or fintech innovator, Visa Direct’s real-time capabilities, extensive reach, and robust security make it a game-changer. I also share insights on use cases, geographic considerations, and tips for seamless implementation. It’s all about creating faster, more secure payment experiences—and Visa Direct shows us how it’s done. 👉 Read the full edition here https://shorturl.at/yMAPK #fintech #payments #visa

Visa’s Chris Ferron, sat down with Hanna Zaidi, Wealthsimple and Alex Vronces, Fintechs Canada to discuss innovation in Canada’s payment ecosystem at this year’s #CanadaFintechForum. A key takeaway from the discussion: Canada’s payment ecosystem is changing and there are opportunities for transformation through industry collaboration. At Visa, innovation is what we do. We’ve been at the centre of the industry’s biggest payment developments from chip cards to contactless payments to real-time cross-border money movement. We’re helping partners navigate this complex landscape and make sense of these changes. Learn more: https://vi.sa/4eirBpG

Visa's New Tool Helps You Track and Manage Recurring Payments Visa has launched Subscription Manager, a new service that helps users track and manage recurring payments in one place. This comes as the subscription economy grows, making it hard for consumers to keep track of their many subscriptions. The service aims to give consumers more control over their finances and is part of Visa's larger effort to improve digital payment experiences. As the use of digital payments grows, Visa expects Subscription Manager to be widely adopted. Although currently in pilot mode, the service is set to launch globally soon. Read our new article here to find out more on this topic: https://lnkd.in/eBx9mKQ3 At International Fintech Business (IFB), we help to connect companies to VISA, MasterCard, and China Union Pay payment methods. Our experts can help with any questions you may have. Contact us today! For details: office@ifbusiness.uk More info: ifbusiness.uk #IFB #Fintech #Payments #Visa

To accelerate digital transformation, dtcpay further shared that its digital payments capabilities will be incorporated with Visa's global payments network, allowing access to 130 million merchants in over 200 countries and territories worldwide. Alice Liu, CEO and co-founder at dtcpay, said, “Our mission at dtcpay is to bridge the gap between digital payments and traditional finance through the enabling of emerging digital currencies to be used and accepted by mainstream financial systems. Adeline Kim, country manager for Singapore at Visa, further stated, “By combining Visa's global reach with dtcpay's Web3 expertise, we are empowering consumers and businesses who use dtcpay to convert their digital currencies into fiat and make digital payments seamlessly.” #paymentsolution #crossborderpayment #financialservice ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y

I’m not an expert at spotting big new tech trends, but I think something significant happened at the Visa Annual Payments Forum last week. Something which is going to have a huge impact on loyalty in the payments sector. Visa made a number of major announcements. The ones that caught my eye, were around Pass Keys and Data Tokens. Among many other features these will enable multiple ways to pay including debit or credit, BNPL, or points pay all from one devise. Perhaps it won’t be long before when we pay we are offered a game of chance or a quiz to get the purchase FOC, or we can add on a multi buy offer or have points instantly sent to an investment account or charity, all at the POS. Whilst some digital banks are doing a lot of these things already it’s the tipping point when these features become mainstream, which seems like a game changer. It will be fascinating to see how quickly these new features are adopted and how loyalty tactics change to embrace them, and how Digital Banks maintain differentiation. For more info visit investor.visa.com