By Premal Shah, President, Kiva.org.
More than 2.5 billion people around the world have no access to financial services. They can’t open a bank account, take out a loan or save securely — basic services that many take for granted. As a result, they are denied much more, including the ability to cushion themselves against financial uncertainties, act on a desire to start a business, send their children to school, or simply plan for a better future for themselves and their families.
Posted by: Premal Shah, President, Kiva on February 23, 2012 at 6:00 am
Next week, we will be heading to Barcelona to attend the 2012 Mobile World Congress, the world’s largest conference celebrating the current state of mobile devices and offering a glimpse into the future of mobile technology. We will be participating in several events throughout the four-day event, including a keynote by Visa Inc.’s President, John Partridge on Financial Services in a Mobile World. Our schedule is listed below so please stop by the booth to say hello or join the keynote or panel discussion. Additionally, we’ll be tweeting and blogging from the event, so send along your questions or comments on trends in mobile payments.
Posted by: Ryan Donovan, Corporate Relations on February 22, 2012 at 9:26 am
Earlier this week, Visa announced that U.S. financial institutions have reported issuing more than one million Visa chip cards. While this might be a drop in the bucket compared to more than 650 million Visa cards already in the U.S., it shows a great deal of momentum and interest in chip. Yesterday, Visa’s Head of Authentication Product Integration Stephanie Ericksen joined CNBC’s Fast Money show to explain the benefits of chip technology, including the fact that it is the same secure technology that powers NFC-based mobile payments.
Posted by: Sandra Chu, Visa Corporate Relations on February 10, 2012 at 12:49 pm
We’re always pleased to see payment technology innovation that creates more opportunities for people to use their Visa products, so we read with interest that the U.S. presidential candidates are doing just that, by deploying Square’s technology to capture additional campaign contributions.
The news of the Obama and Romney campaigns equipping staff, volunteers and community organizers with Square payment technology makes simple sense. Campaign organizers can now “strike while the iron is hot” by soliciting contributions on site at rallies and other campaign events when donors are likely to be fired up to contribute to their favorite candidate
Deployments like this can save hundreds of man-hours and increase fundraising receipts. Donors will now have the option of mobile face-to-face card payments through Visa’s network with the convenience of automated email receipts for easy tax filing. As one of the world’s largest payment networks and an early investor in Square, Visa is encouraged to see this growth of payment card acceptance, no matter how the campaigns end.
“Anything that reduces the barrier to donate is going to help us with our supporters,” Zac Moffatt, the Romney campaign’s digital director told The New York Times.
Posted by: Ryan Donovan, Corporate Relations on February 3, 2012 at 9:10 am