Visa Launches A New Retail Payments Network
The mobile payments company open a new Visa Developer, the new launch is celebrated at it headquarter in San Francisco.
The giant financial institution, Visa Incorporation announced a launch of a new Visa Developer today, which is going to change the company into an open platform bringing more innovation and modernizing the method of payments and e-commerce. This is huge step towards success for the financial payments company, it celebrated the launch with its partners and clients at its headquarters situated in San Francisco.
The financial services provider is giving open access to software developers to major payment tech, services and products for the first time ever in almost 60 years. This is major step for the business and is specifically designed to aid payments companies, tech business and even merchants, who depend to connected devices for paying, getting paid and shopping.
The financial institution new service will be providing help by giving access to the company’s famous payments methods and tech such as person-person payments, account identification, online payments and many other features. It has further plans of giving more access to it services, which might be happen 2017.
The CEO of the giant payments services, Charlie Scharf said, “As the leader in payments we have an opportunity to transform global commerce by opening-up access to our global network and supporting our clients, industry partners and innovators in their pursuit of creating new, easier and more secure ways to pay,” said Charlie Scharf, chief executive officer, Visa Developer represents not only a new access point to our network, but a new distribution platform for Visa products and services globally.”
Visa Inc. global product and technology teams is changing payments product and features into application programming interfaces. This developer program provides in international access to the developer portal giving an easy way to get the company’s products and services. This product will enable other businesses in the same industry to collaborate with one another easily, and share digital commerce feature and products.
Visa developer will enable financial institution to work together, this is the best timing for the company to launch a service of such category. The population is digitalizing more and more every hour of the day and most of the work is now done through smartphones. This platform will provide an enhanced experience for the companies that offer services and even customers. The company’s test data will be provided to developers giving them a plug and play experience in major market including Dubai, Singapore, San Francisco, Sao Paolo and Miami.