Continuing its leadership in the payments industry, Visa’s state of the art innovation center: a trip to the future of money

Continuing its leadership in the payments industry, Visa’s state of the art innovation center: a trip to the future of money

Dubai: – Visa, the world leader in digital payments, showcased the latest trends in payments technology at an event held at the Visa Regional Innovation Center in Dubai; the payments giant shared its latest innovations in the seamless payments area. A lot of which they aim to launch in the region. Some pipeline technologies for Egypt included "Visa Tap to Phone" and sustainable products.

Leila Serhan, senior Vice President and group country manager for North Africa levant and pakistan at Visa expressed her happiness with the pace of the adoption to digital payments and the growing need for these trends.

"To activate the tap to pay application, which is a low cost form of accepting digital payments, there must be a national card coding platform (tokenization), this method will empower SMBs, which aligns with both Visa’s strategy to support small businesses and the CBE financial inclusion strategy.” She added “we look forward to launch a range of green products in Egypt to promote environmental sustainability policy,"

For her part, Serhan added: "Visa has a vital role in supporting the movement of funds digitally around the world through its presence in more than 200 countries and regions, and the number of payment cards supported