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Visa launches new program to support mobile payments

02/12/201602/11/2016 Stephen Vagus

Visa Developer may aid in the development of new mobile payments services Visa has released a new developer program that is designed to accelerate the adoption of mobile payments. Called Visa Developer, the program will provide developers with access to new technology, most of which is associated with mobile transactions in some fashion. The mobile payments market is growing quickly, and more companies are beginning to embrace mobile commerce as a way to provide better services to consumers. Visa has become heavily invested in this space and intends to secure…

Mobile banking helps to empower Tanzanian women

02/09/201302/07/2013 Jorge Gonzalez

The ability to exchange money and make payments with smartphones is placing power in the hands of women. The GSMA mWomen Programme is working in combination with Bankable Frontier Associates (BFA) and Visa Inc. in five different countries in order to help to better use mobile banking to reach women who are underserved and whose needs can be directly met by this technology and its associated products. The five countries include: Tanzania, Indonesia, Papua New Guinea, Pakistan and Kenya. The organization’s research has been providing a much more insightful understanding…

Visa says mobile payments won’t lead to EM cards’ demise

04/25/201204/25/2012 Julie Campbell

An executive from Visa has reported that EM cards aren’t doomed due to the rise of mobile payments. The head of Visa Inc.’s non-U.S. operations has released a statement while in Singapore, saying that there is still a future in plastic credit cards, despite the growth and aggressive promotion of mobile payments and their various platforms. Even though there has been a tremendous rise in the number of systems catering to smartphones – particularly in emerging markets such as India and Indonesia – the fact that these same nations are…

American Express makes moves toward greater mobile expansion by way of acquisitions

09/16/201109/16/2011 Julie Campbell

According to its executive vice president, David Messenger, American Express Co. has been seeking certain sizeable international acquisitions in order to assist in its efforts to take advantage of a spike in demand for online commerce and mobile payments in emerging markets. Based on purchases, Amex is the largest issuer of credit cards in the world. Based in New York, it is now looking into deals in China and other developing regions, and, according to Messenger, it wants to make purchases of and investments into startups in Silicon Valley that…