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Visa Introduces Next-Gen Digital Payment Solutions at CEMEA Forum

Visa Payments Forum for Central and Eastern Europe, Middle East and Africa

At the Visa Payments Forum for Central and Eastern Europe, Middle East and Africa, Visa introduced a new suite of products and services that will revolutionize the card and address the future needs of consumers, merchants and the financial institutions that serve them across the region.  

“With rapidly accelerating digital payments growth across Central and Eastern Europe, Middle East and Africa, we have seen a transformation in how consumers and merchants want to pay and be paid both online and in-store,” said Andrew Torre, Regional President, Visa CEMEA.  “As we continue to shape the future of commerce, we are excited to announce a next generation of truly digital-first payment experiences to support consumers, merchants and our clients and partners.  Today we are unveiling new card features and digital innovations that will bring consumers and merchants into a more customized, convenient, secure and inclusive future.”

Visa has unveiled a number of innovative new solutions that support digital identity, seamless checkout experiences, flexible payments, nano-merchant acceptance and protecting the security of account-to-account payments.  In addition, Visa is announcing Visa Pay, a new payments-as-a-service platform that provides world-class mobile-first experiences for digital payments and interoperable send-and-receive that has been developed for the Central and Eastern Europe, Middle East and Africa region. 

The Visa Pay platform brings together extensive payment capabilities and provides a range of services for banks to quickly deploy new innovative solutions including digital issuance, payment initiation, tap-to-pay, fraud and risk management, wallet platforms, and more.

The new products and services Visa has unveiled include: 

  1. Visa Flexible Credential 
  2. Nano Merchant Acceptance
  3. Visa Payment Passkey Service 
  4. Click to Pay
  5. Visa Protect for Account-to-Account (A2A) Payments 
  6. Visa Pay

Read: Visa announces launch of “She’s Next” Grant Competition in Kenya

About author

Editor at TechArena. I cover all things technology and review new gadgets as I get them. You can reach me on email: kaluka@techarena.co.ke
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