Visa announces intent to join the Libra Association

The past several decades have brought dramatic change to the payments industry. The rise of the internet, the proliferation of mobile devices, and the explosion of mobile connectivity have transformed the experience of buying and selling. Payments are no longer constrained by wired infrastructure, giving people in the farthest reaches of the world the ability to access the digital economy.

For the last 60 years, Visa has led the migration to electronic payments. We’re proud of the progress we’ve made, alongside our clients and partners. Yet even with our success to date, there is much more opportunity ahead and more work to do. That is why Visa continually innovates to expand the reach of digital payments for everyone, everywhere.  We’re particularly focused on:

• Improving the payment experience—making it easier to tap-to-pay with your card or mobile device and to make and receive payments faster. This includes Visa Direct, a fast and secure platform that makes it easy to send money at the touch of a button.

 

continue reading »