📱 Visa's New Digital Products: Aiming for Secure Tokenization…

📱 Visa's New Digital Products: Aiming for Secure Tokenization…

…and enhancing the customer experience🎉. On May 15, during the annual payments forum in San Francisco, USA, Visa presented a series of new products and services designed to improve the customer experience, and increase the satisfaction among consumers, merchants, and financial entities.

➡️ Visa Flexible Credentials: This service allows cardholders to combine different payment methods (debit, credit, BNPL, etc.). Currently available in Asia, it will be launched in the USA 🇺🇸 by the end of the year.

➡️ Tap to Everything: This set of tools facilitates card usage in the payment process. For example, the “Tap to Pay” feature turns any device into a POS terminal, while the “Tap to P2P” feature enables money transfers between family and friends.

➡️ The Visa Payment Passkey Service: Built on the latest Fast Identity Online (FIDO) standards, it allows consumers to confirm their identity and authorize online payments with a quick scan of biometric data, such as face or fingerprint.

➡️ Pay By Bank: Already fully operational in Europe, this technology aims to prevent fraud through real-time transaction monitoring.

➡️ Data Tokens: This product will allow consumers to consent to the transfer of profile information when making online purchases, enabling them to receive more personalized offers.

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