What's New in Payments

Visa files central bank digital currency ecosystem patent

Visa digital currency diagram for patent

Visa has filed an application for a patent that sets out a way for a central bank to take fiat money that is currently in circulation, digitize it, remove the converted physical currency from circulation and then enable consumers and merchants to conduct transactions using a digital wallet “stored on a chip of a smartcard or a secure element of a user device”... More



What's New in Payments

Blackhawk Network lets UK consumers make digital gift card payments in stores

One4all contactless digital gift card using Dejamobile tech

PARTNER NEWS: Blackhawk Network subsidiary One4all is using Dejamobile’s ReadyToTap Gifts & Rewards solution to make it possible for UK consumers and businesses to send a digital gift card directly to a recipient’s mobile phone — and for the recipient to then use it to make payments online and at contactless terminals in stores... More




What's New in Payments

Safaricom partners with Visa for M-Pesa digital payments

Safaricom and Visa join forces in seeking to expand access to digital payments for M-Pesa consumers and merchants — Safaricom — “The partnership will cover over 24 million M-Pesa customers, more than 173,000 Lipa Na M-Pesa merchants from Safaricom and more than 61m merchant locations throughout Visa’s global network, and over 3.4bn Visa cards in more than 200 countries and territories, subject to regulatory approval.”






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