Viewpoints

Visa’s Blog – Visa Viewpoints

PERSPECTIVES ON DIGITAL CURRENCY

Feb 27, 2013

Emerging Markets

Postcards from #MWC13: Ashwin Raj on Emerging Markets

As Visa’s Head of Mobile Product in Emerging Markets, Ashwin Raj talks about the importance of Visa’s participation at Mobile World Congress and how it allows Visa to showcase our capabilities, offering a view of what we have accomplished so far–as well articulate our vision for the future of payments.

Ashwin explains how mobile technology has revolutionized the way financial services reach unbanked and under-served consumers in emerging markets and the role Visa plays in making mobile money transactions secure, reliable and convenient.

See Ashwin’s full interview below:

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Posted by: Lucas Mast, Visa Corporate Relations on February 27, 2013 at 4:11 pm

May 22, 2012

Industry Insights: Ken Paterson, Mercator – Part 2

Following our last video post with Ken Paterson, VP of Research Operations at Mercator Advisory Group, in which he discussed payment solutions for emerging markets, we now bring you the second part from our meeting with him. In today’s video, Ken discusses the importance of consumer education around electronic payments as a means to build trust in developing markets. Ken has over 25 years of experience in financial services market research, and his payments-related expertise ranges from product development and positioning to assessment of international payment system opportunities. For more information about how Visa is approaching financial inclusion in emerging markets, click here.

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Posted by: Erika White, Visa Corporate Relations on May 22, 2012 at 9:20 am

May 17, 2012

Industry Insights: Ken Paterson, Mercator – Part 1

Visa met with Ken Paterson, VP of Research Operations at Mercator Advisory Group, to discuss his perspective on payment initiatives in emerging markets. Ken has over 25 years of experience in financial services market research, and his payments-related expertise ranges from product development and positioning to assessment of international payment system opportunities. In this video, Ken comments on potential payments solutions for developing markets, in particular mobile payments and prepaid programs. For more information on Visa’s initiatives in emerging markets, please see our news about a partnership with Orange, which will offer consumers access to mobile prepaid accounts in African and Middle Eastern countries as well as other press releases.

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Posted by: Erika White, Visa Corporate Relations on May 17, 2012 at 2:01 pm

Jun 16, 2011

What the Industry is Saying about Monitise and Fundamo

Last week, Visa announced that we were not only extending our relationship with Monitise, but that we were acquiring Fundamo, a leading provider of mobile financial services for network operators and financial institutions in developing economies.

At the time of the announcement, we stressed that these investments directly supported our global strategy, which will allow us to deliver the next generation of mobile payments to consumers all over the world.  It is one thing for us to say it, but we are glad to hear industry analysts and experts agree.

  • On Yankee Group’s blog, Tole Hart cited the benefits of our relationships with Monitise and Fundamo and how these companies give Visa “An opportunity to expand its brand name and services in remittances, and double down in emerging markets for payment processing.”
  • Mary Monahan of Javelin Strategy commented on the “nice synergies” between Visa and Fundamo. She also noted that, “With a ‘land grab’ going on among the emerging unbanked nations, it is vital for long-term players to get in on the ground floor and establish a brand presence from the get-go.” 
  • Bart Narter of Celent pointed out that the Fundamo acquisition is “A great way to get a toehold in emerging markets” adding, “There was no one better to buy than Fundamo.”

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Posted by: Ryan Donovan, Corporate Relations on June 16, 2011 at 10:44 am

Nov 29, 2010

In the News: Mobile Payments in Emerging Markets

In the past few weeks, several news stories have highlighted the opportunity to grow mobile payments in emerging markets. We couldn’t agree more that there is a significant opportunity to bring innovative mobile payments solutions to emerging markets and, in doing so, give the underbanked and unbanked population access to the benefits of digital currency.

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Posted by: Erika White, Visa Corporate Relations on November 29, 2010 at 5:10 pm