Visa mobile payments Archives

Romania has highest mobile payments use of all Central and Eastern European Countries

12/12/202212/09/2022 Jorge Gonzalez

A recent Visa regional study found that Romanians have the greatest preference to use their phones to pay. Visa recently conducted a regional study on preferred transaction methods and found that Romania had the highest preference for using mobile payments among all eight Central and Eastern European (CEE) countries. The adoption rate for the country was the highest, with about 7 of 10 people using this method. The regional study showed that among CEE countries, Romania had the highest mobile payments adoption rate. Seven in 10 people in the country…

Tech giants’ next huge battleground is Indian mobile payments market

03/05/202103/04/2021 Jennifer Goula

Google, Amazon, Facebook, Visa, Mastercard and others are clawing for the top spot in the country. The Indian mobile payments and digital transactions market is expected to reach $1 trillion in 2023, and there is no way that American technology giants and credit card companies want to miss out on the opportunity it presents. These companies have been scrambling to obtain the necessary licences to take leadership positions. Tech companies Google, Amazon.com Inc., and Facebook Inc. as well as credit card companies Visa Inc. and Mastercard Inc. are only a…

Major credit card networks team up for easier mobile shopping

10/24/201910/24/2019 Jennifer Goula

Shopping via mobile is about to become more convenient. Visa Inc., Mastercard Inc., American Express Co. and Discover Financial Services are part of the world’s biggest card networks that have come together to make easier mobile shopping with credit cards a reality for smartphone users. Mobile shoppers abandoning their online cart costs retailers billions. While there are many convenient ways to pay when shopping via mobile, up until now, credit cards haven’t been one of them. In fact, imputing credit card details on tiny mobile screens causes many mobile consumers…

Honda Dream Drive brings in-vehicle payments to drivers

01/16/201901/16/2019 Jesse Collins

Honda Dream Drive - In-Vehicle Commerce and Entertainment

Honda’s in-dash system prototype uses mobile technology and voice control. Honda Dream Drive is the first integrated driver and passenger in-vehicle infotainment, commerce, service and rewards dashboard in the automotive industry. The fully integrated car experience is a collaboration between Honda and Visa. Drivers will be able to order a range of goods and services via the in-dash system. The Honda Dream Drive system, an AI (artificial intelligence) based technology, was first shown as a concept during CES 2017, under a collaboration with ConnectedTravel. Since then, the Japanese auto manufacturer…

Visa QR codes rolled out in Taiwan smartphone payments system

07/10/201707/07/2017 Stephanie Beck

The quick response codes are used to make the transactions fast and easy to complete. The largest credit card company in the world will be launching a mobile payments system in Taiwan based on Visa QR codes. Local media reports have stated that the quick response codes will be central to transactions completed in the mobile wallet. Visa stated that it intends to use QR codes because they can be scanned by virtually any smartphone. By using Visa QR codes, the mobile payments have a much more universal accessibility. Many…