Visa Data Reveals Travel Spending Boost During Annual Signature Race Week
* During the week of the Night Race, Singapore saw over 20% surge in international visitors,[1] driving close to 30% spending uplift * High-net-worth visitors[2] surged by over 70%, contributing to approximately 70% increase in their overall spending * Visa cardholders from Hong Kong SAR, ...
Visa Data Shows Boost in Spend from Asia Pacific at Olympic Games Paris 2024
* Biggest spend came from Australia, Hong Kong SAR, Japan, Mainland China and Singapore cardholders[1] * Significant increase in spending from Visa cardholders in many areas of commerce including apparel, retail goods, department stores, restaurants, and in contactless purchases * Increase ...
Visa Money Travels Digital Remittances Report: Close to nine in 10 Singapore residents send remittances at least once a year
SINGAPORE, July 10, 2024 /PRNewswire/ -- Visa, a world leader in digital payments, has released the results of its Money Travels: 2024 Digital Remittances Adoption Report, with 86 per cent ofSingapore residents sending or receiving money at least once a year, and digital apps is their preferred ...
Asia Pacific bucks global trends as a bright spot for remittance activity: Visa study
SINGAPORE, June 18, 2024 /PRNewswire/ -- Remittance flows in Asia Pacific have softened in the past year amid persistent inflationary pressures and tightening labour markets in the high-income host economies of overseas foreign and migrant workers. Yet, high growth emerging markets inAsia Pacific...
Five startups selected for the 2024 Visa Accelerator Program in Asia Pacific to tackle Gen AI and embedded finance solutions
SINGAPORE, May 23, 2024 /PRNewswire/ -- Visa, a global leader in digital payments, unveiled the five new startups selected for its Accelerator Program in Asia Pacific for 2024. This year's applicant pool saw talent from Bangladesh, Hong Kong SAR, Singapore, United States and Vietnam, all tackling ...
Visa tokens bring USD2 billion uplift to digital commerce in Asia Pacific
With the increase in digital transactions, Visa Token Service can help to facilitate smoother consumer checkout experiences, to decrease fraud and to improve payment authorisations SINGAPORE, March 26, 2024 /PRNewswire/ -- Asia Pacific's digital economy experienced an uplift of more thanUSD2 bil...
Visa Singapore Innovation Center ushers in a new era of payments
Visa unveils its revamped Singapore Innovation Center,advancing its global strategy to pioneer smarter payments through collaboration withAsia Pacific partners SINGAPORE, Feb. 22, 2024 /PRNewswire/ -- Visa, a world leader in payments, today announced the opening of its transformed Singapore Inno...
Visa study: 97% of Asia Pacific travellers opt to go cashless when travelling
* Only 31 percent of travellers brought cash to their destinations in 2023, down from 79 percent in 2020. * Travellers are also spending more, with an average of $2,525 per trip – a significant jump from$1,708 in 2020 SINGAPORE, Nov. 30, 2023 /PRNewswire/ -- Asia Pacific travellers prefer usi...
Visa and Tencent Financial Technology Extend Global Partnership to Facilitate Remittances to Digital Wallets Utilising Visa Direct
SINGAPORE, Nov. 16, 2023 /PRNewswire/ -- Visa, a world leader in digital payments, and Tencent Financial Technology, the fintech division ofTencent, a global internet company, announcedtoday at the Singapore Fintech Festival 2023 that they are partnering to enable Weixin users to receive inbound ...
Visa launches Real Time Visa Account Updater in Asia Pacific to streamline payment experiences
Visa Account Updater provides lifelong credentials that empower merchants with enhanced operational efficiency, improved transaction success rates; customers no longer need to update credit card information across multiple platforms SINGAPORE, Nov. 8, 2023 /PRNewswire/ -- Visa, a world leader in...
Visa partners with Taronga Conservation Society Australia to support wildlife conservation
SYDNEY, Nov. 1, 2023 /PRNewswire/ -- Visa
Visa's survey reveals need for integrated payment solutions in Asia Pacific's public transport sector
* Fourty-four per cent of Asia Pacific commuters will use different forms of public transportation if they can pay with a single payment method, signalling the need for a seamless payment experience * Fifty-eight per cent of commuters prefer a one-stop digital service for advanced booking and...
Embedded Finance to unlock US$242 Billion in opportunity across Asia Pacific by 2025: Visa
Lending, deposits and payments emerge as top use cases for Embedded Finance in the region SINGAPORE, July 27, 2023 /PRNewswire/ -- Embedded Finance will unlock US$242 billion in revenue opportunity across Asia Pacific by 2025 across small businesses (SMBs) and consumer segments, according to the...
Visa and SAP join forces to make enterprise payments more efficient
Collaboration to embed Visa payments onto SAP's ecosystem of solutions for
enterprises to pay suppliers seamlessly, even if they do not accept card
payments
SINGAPORE, June 28, 2023 /PRNewswire/ -- Visa today announced it has entered
into a collaboration with SAP
Visa champions women's success with new campaign for FIFA Women's World Cup Australia & New Zealand 2023™
SINGAPORE, June 27, 2023 /PRNewswire/ -- To support women's empowerment in the region, Visa is launching a "Behind Every Number, There's A Story" campaign timed around the upcoming FIFA Women's World Cup Australia &New Zealand 2023™ to inspire women to leverage sports to overcome life's challenge...
Visa and Hyundai Card ink strategic global data partnership
SINGAPORE, June 26, 2023 /PRNewswire/ -- Visa (NYSE: V), the world's trusted leader in digital payments, and Hyundai Card, a leading credit card company in Korea, today announced a strategic business partnership to pursue potential collaboration opportunities in the development of insights and va...
Visa study finds younger generation more susceptible to fall prey to scam language
"Free gift" or scam? Learn to spot the language that fraudsters use. SINGAPORE, June 8, 2023 /PRNewswire/ -- Digital scams are everywhere in our daily lives. Whether at home, the workplace or on the go, we're inundated by phone, text and email with offers for "free gifts" and traps to "act now" t...
/C O R R E C T I O N -- Visa/
In the news release, Visa Announces Team Visa Athletes with 100 Days to Go until the FIFA Women's World Cup ™, issued11-Apr-2023 by Visa over PR Newswire, we are advised by the company that the 2 subhead should read "Team Visa footballers include eight athletes fromAsia Pacific" rather than "Team...
App-based remittances win on convenience, security and speed in Asia Pacific: Visa
New Visa research reveals remittance users in the Philippines and Singapore have overwhelmingly adopted app-based digital payments, with more than half of surveyed users citing ease of use and security as key reasons for going digital SINGAPORE, March 29, 2023 /PRNewswire/ -- Asia Pacific is one ...
Visa Announces Senior Leadership Changes in Asia Pacific
SINGAPORE, Feb. 7, 2023 /PRNewswire/ -- Visa, the world's leader in digital payments, announced two senior leadership changes in theAsia Pacific region, withChris Clark elevated from Regional President to Chairman, Asia Pacific, and Stephen Karpin named as his successor as Regional President, Asi...
