Visa launches 6 major product innovations
Author - Mansur Ismagulov
The Tech AI
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Visa has introduced new products for card payments, including Click to Pay, Visa Payment Passkey, Flex Credential, Nano Merchant Acceptance, Visa Pay, and Protect. These innovations will be implemented in Kazakhstan in the coming months. They are designed to meet the needs of shoppers, merchants, and financial institutions.
Visa has introduced a series of new products and services that will “revolutionize” card payments and, according to the company, meet the current and future needs of consumers, merchants in the retail and service sectors, and financial institutions. These innovations will be implemented in Kazakhstan in the coming months.
— Click to Pay: now, by entering only your mobile phone number or email address, all your data will load, and you can choose which Visa card you want to use to complete the payment.
— Visa Payment Passkey: this is a solution for user digital identification based on the FIDO standard. You will need to authenticate using only Face ID.
— Visa Flex Credential: allows you to combine all forms of funding into a single tool. On your smartphone, you can easily set parameters to use money from a bank account, credit card, installment card, or spend accumulated bonuses.
— Nano Merchant Acceptance: aimed at micro- and nano-merchants who still do not accept digital payments.
— Visa Pay: allows banks to quickly launch digital services for consumers and sellers through their own mobile banking applications.
— Visa Protect for Account-to-Account Payments: a technology focused on payment security.
Source: digitalbusiness.kz
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