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Bangalore: Visa has introduced a series of innovative payment products and solutions at the Global Fintech Fest 2024, aimed at accelerating digital payment adoption across India. Key announcements include:
- HDFC Bank’s All-in-One POS Device: A compact payment solution integrating POS, QR code scanning, and soundbox, developed in partnership with Visa to expand digital payment acceptance.
- Paytm NFC Card Soundbox: India’s first device combining QR payments with a card machine, simplifying transactions for offline merchants.
- Neo for Merchants by Axis Bank and Visa: A mobile app offering omni-channel payment acceptance and business insights.
- PayU Push Provisioning Powered by Visa: A platform enabling seamless card token sharing between merchants and banks.
- Ashva Metal Credit Card by Visa and IDFC First Bank: A premium credit card with luxury rewards and low forex markup.
Visa’s collaborations with partners like HDFC, Paytm, and Axis Bank are expected to enhance transaction security, streamline processes, and improve customer experience in India’s evolving digital payment landscape.
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