UpTech Media’s Post

Who needs wallets and phones when you can pay with your palm? 🤯 Tencent and Visa are piloting palm payments in Singapore, offering a glimpse into the future of seamless and secure transactions. 👋 This innovative technology is straight out of a sci-fi movie, and I'm not surprised! Remember "In Time" where Justin Timberlake transferred time from wrist to wrist? ⏳ We're not quite there yet, but palm payments are a step in the right direction. Imagine a world where you can pay for anything with a simple wave of your hand. 🪄 Instead of pay me, can you just wave me instead? 🤣 #fintech #payments

dtcpay and Visa are teaming up to transform the digital payments landscape in Singapore. With the new dtcpay Visa Infinite Card, users can seamlessly convert digital currencies to fiat, giving them access to over 130 million merchants worldwide. Ready to see the future of payments? Learn more about what’s next for digital currency and global transactions. (dtcpay x Visa) #DigitalPayments #Visa #Fintech #dtcpay #Crypto #Singapore

✨Visa de's Global Payments Innovation✨ Visa is at the forefront of transforming the future of payments by combining cutting-edge technology, scalability, and secure financial transactions across its vast global network. Operating in over 200 countries, Visa processes an astounding 296.8 billion transactions annually, enabling seamless money movement and digital commerce worldwide. 🚀Key Highlights: Expansive Reach: Serving over 4.5 billion cardholders and supporting 130 million merchants globally, Visa is a leader in digital payments. UPC Protocol: Visa's Universal Payment Channel (UPC) protocol is designed to handle cross-border transactions with unmatched efficiency. It supports the seamless movement of money between consumers, issuers, and merchants, while integrating advanced blockchain systems for enhanced transparency, security, and speed. New Flows and Value-Added Services: Visa’s network of networks drives P2P, B2B, and G2C payments, offering diverse solutions like Visa Direct, Tap to Pay, and Tokenization. These innovations support businesses, consumers, and governments globally. Technology-Driven Infrastructure: Visa's commitment to blockchain and other decentralized technologies ensures transparent and secure financial services across industries like cross-border payments and supply chain management. Adoption by Major Financial Institutions: Visa's payment infrastructure and innovative solutions have been adopted by leading banks and financial institutions across the world, including HSBC, JPMorganChase, and Citi India, to secure cross-border payments and support global digital transactions. Visa’s purpose is to uplift everyone, everywhere, by delivering the most secure, reliable, and innovative payment experiences, leading the digital finance revolution. A special thanks to Professor daitri tiwary for insightful guidance on understanding the future of digital finance and payment networks. #VisaGlobal #FintechInnovation #UPCProtocol #DigitalPayments #FutureOfFinance #BIMTECH

Real-time payments (RTP) have moved from being an emerging innovation to a global financial standard, transforming industries and consumer expectations alike. As we step into 2025, several trends are defining the trajectory of this fast-moving space: 🌐 Global Expansion and Integration RTP adoption continues to accelerate worldwide. Countries like Australia are integrating cross-border transfers with domestic RTP systems, eliminating time zones, banking hours, and currency conversion delays. This shift isn't just about speed—it's about enabling a seamless global economy. 💡 Innovative Payment Methods Technologies like QR codes and NFC are making payments more accessible, particularly in emerging markets. In Hungary, for example, QR codes have become the backbone of real-time payments for online and in-person transactions, showing how innovation can bridge financial accessibility gaps. 🔗 Embedded Payments and APIs Businesses are embedding RTP into their platforms, creating new opportunities for automation and efficiency in everything from payroll to supply chain payments. This trend is expected to expand as APIs make RTP capabilities easier to integrate across sectors. 📈 The U.S. Catches Up With more than half of U.S. businesses now using the RTP network or FedNow®, the U.S. is finally stepping into a leadership role. Banks, fintechs, and payment networks are working together to redefine what "instant" means for consumers and businesses alike. 🔮 Predictions for 2025 RTP will become the default: By the end of 2025, we expect a significant portion of global payments to occur in real time. Cross-border adoption will skyrocket: The seamless integration of domestic and international RTP systems will make global transactions as simple as sending a text. Decentralized Finance (DeFi) meets RTP: As blockchain technology matures, we could see real-time payments intersect with decentralized solutions for instant, transparent transactions. Real-time payments are no longer just about speed—they’re about transforming financial ecosystems, bridging borders, and unlocking new opportunities for businesses and consumers alike. At Visa, we’re proud to contribute to this evolution, helping shape a future where payments are truly real-time, borderless, and inclusive. What trends do you see shaping the future of RTP? #RealTimePayments #FintechInnovation #FinTech #FutureOfPayments

Huge update/step forward in the acceleration of our business this week! We have officially brought the Currency Cloud, Visa B2B Connect, Yellow Pepper, and Visa Direct businesses together under a single "Visa Direct" umbrella. Why is this change so important and exciting?   We can now take a completely unified global money movement offering to market, at scale. This new offering, including global collections, multi-currency wallets/accounts, enterprise FX solutions, and global disbursements is unmatched in the market in terms of modular, end-to-end capabilities at a global scale.   Visa Direct already offered one of the world's largest digital payments networks with a reach of over 190 markets and 8.5B endpoints including cards, accounts, and digital wallets, but our new supercharged, integrated offering expands those capabilities massively.   With the integration of Currency Cloud, we can solve for slow, expensive, and opaque global receivables by allowing clients to collect, hold, and convert funds in virtual accounts seamlessly in over 30 currencies. Additionally, we can now offer real-time enterprise FX solutions, putting the power of an FX trading desk directly into the hands of clients of all sizes.   Finally with the integration of B2B Connect, we can offer financial institutions of all sizes that service business making payments across the world, access to a sophisticated, B2B specific payments network that has the ability to execute highly complex, large ticket, data rich transactions that can deliver in non-local currency.   Looking forward to diving deeper into what this means for our clients and partners next week Money20/20 Las Vegas 2024 - reach out to find out more or to connect! #visa #visadirect #crossborder #moneymovement #crossborderpayments #realtimepayments #fintech

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

100Pay has partnered with Visa, the payment giant, to introduce a new crypto-backed debit card, PayCard, aimed at simplifying global payments.

Visa's APN Move: Revolutionizing Digital Payments 🌏💳 Today marks a game-changing alliance in the fintech realm! Visa, a titan in digital payments, has now aligned with the AWS Partner Network. This collaboration is poised to revolutionise the simplicity of digital transactions worldwide. 🤝 For businesses and fintech innovators, this means direct, streamlined access to Visa's extensive services. Imagine the potential for cloud-born fintechs, now able to integrate Visa's capabilities with unparalleled ease. The synergy between Visa and AWS harnesses the promise of technology to empower a seamless financial future. 💡 What's truly exciting is Visa's addition to the AWS Marketplace. Its Cross-Border Solutions are already making waves, fostering fluid international trade by simplifying multicurrency transactions. This strategic move, a mere seven months following Visa's acquisition of Currencycloud, showcases their relentless pursuit of innovation. 💼 The fusion of Visa's payment expertise and AWS's technology is more than a partnership; it's a catalyst for growth, enhancing how we all interact with global finance. Let's embrace the newfound ease in transcending borders! #DigitalPayments #FinTech #Innovation

Visa and Tencent’s move to introduce palm payments in Singapore is a fascinating leap toward seamless, biometric-based transactions 🌱💳 By integrating palm recognition with payment technology, they’re pushing the boundaries of convenience and security. This could redefine how we think about payments in the future—no card, no phone, just your palm! What are your thoughts on biometric payments? Drop a comment or let’s discuss! 👇 #Fintech #Payments #Biometrics #Innovation #Visa #Tencent #FutureOfPayments

MeaWallet closes a partnership with B89 to enhance digital payments using tokenization #MeaWallet, a leading digital #payments enabler specializing in card tokenization, has announced a strategic partnership with #B89, a pioneering #fintech company based in Lima, Peru. Founded in 2019, B89 is dedicated to creating Latin America's first cross-border Neobank, offering transparent, fair, and secure financial services through fully digital experiences. This collaboration aims to enhance digital payments across Latin America by integrating MeaWallet's comprehensive tokenization services with B89's innovative financial solutions. With MeaWallet's expertise, B89 customers will now be able to effortlessly use Apple Pay and Google Pay, thanks to the integration of MeaWallet's SDK Push Provisioning. Additionally, MeaWallet has facilitated B89's connection to the Visa Token Service (VTS) through their Issuer Token Service Provider (ITSP), ensuring a robust and secure payment ecosystem. Notably, B89 is the first Peruvian fintech to become a Principal Member of Visa, marking a significant milestone in its commitment to establishing a lasting presence in the financial sector. Amparo Nalvarte García, CEO of B89, expressed enthusiasm about the partnership, highlighting their shared vision of delivering secure and innovative digital payment solutions to consumers across Latin America. The announce on #MeaWallet website in the first comment.