ARTECULATE
No Result
View All Result
  • News
  • Premium
  • Features
    Visa | eCommerce

    Visa’s eCommerce Solutions Are Opening New Doors for Merchants to Offer Better Customer Experiences

    Optimizing Business Transportation: How PickMe Corporate is Helping Companies Save Up to 35% on Transportation Costs

    Optimizing Business Transportation: How PickMe Corporate is Helping Companies Save Up to 35% on Transportation Costs

    The Visa Global Innovation Tour: Collaborative Opportunities Enabling Sri Lankan Fintechs to Grow

    The Visa Global Innovation Tour: Collaborative Opportunities Enabling Sri Lankan Fintechs to Grow

    A Winning Formula: Zone24x7’s Inclusive Approach to Employee Development and Client Success

    A Winning Formula: Zone24x7’s Inclusive Approach to Employee Development and Client Success

    John Keells X Corporate Accelerator Meetup

    The John Keells X Chronicles Part II: Mastering the Fundamentals of Building Sustainable Startups

    LEARN Workshop Training in Sri Lanka

    LEARN is Empowering Local Universities to Unlock the Full Potential of their Digital Infrastructure

    How Taran’s Data Science Expertise Elevated the iPrice Customer Experience

    How Taran’s Data Science Expertise Elevated the iPrice Customer Experience

    The John Keells X Chronicles Part I: Passionate Startup Founders Meet Industry Veterans

    The John Keells X Chronicles Part I: Passionate Startup Founders Meet Industry Veterans

    Creating Cultures of Respect: A Year Later DCLK’s Journey to Build Inclusive Workplaces Continues

    Creating Cultures of Respect: A Year Later DCLK’s Journey to Build Inclusive Workplaces Continues

    Inside Wiley Sri Lanka: The Professionals Empowering Research and Education through Technology

    Inside Wiley Sri Lanka: The Professionals Empowering Research and Education through Technology

  • Startups
  • Events
  • Hotpicks
  • Community
    Unlock The Secrets of Startup Funding with Founders Institute Sri Lanka

    Unlock The Secrets of Startup Funding with Founders Institute Sri Lanka

    The RiskSense Story: Building a Cyber Security Product

    The RiskSense Story: Building a Cyber Security Product

    Negotiating to Thrive – Lessons from a Hostage Negotiator

    Negotiating to Thrive – Lessons from a Hostage Negotiator

    First wildlife travel-based management lessons book by Sarath Perera to be launched

    First wildlife travel-based management lessons book by Sarath Perera to be launched

    Hack:bit 2020 is bringing the ideas of students and undergraduates to life

    Hack:bit 2020 is bringing the ideas of students and undergraduates to life

    ESCaPe 2020: University of Peradeniya’s Engineering Students Conference

    ESCaPe 2020: University of Peradeniya’s Engineering Students Conference

    Trending Tags

    • Contributor
    • Billboard
    SUBSCRIBE
    • News
    • Premium
    • Features
      Visa | eCommerce

      Visa’s eCommerce Solutions Are Opening New Doors for Merchants to Offer Better Customer Experiences

      Optimizing Business Transportation: How PickMe Corporate is Helping Companies Save Up to 35% on Transportation Costs

      Optimizing Business Transportation: How PickMe Corporate is Helping Companies Save Up to 35% on Transportation Costs

      The Visa Global Innovation Tour: Collaborative Opportunities Enabling Sri Lankan Fintechs to Grow

      The Visa Global Innovation Tour: Collaborative Opportunities Enabling Sri Lankan Fintechs to Grow

      A Winning Formula: Zone24x7’s Inclusive Approach to Employee Development and Client Success

      A Winning Formula: Zone24x7’s Inclusive Approach to Employee Development and Client Success

      John Keells X Corporate Accelerator Meetup

      The John Keells X Chronicles Part II: Mastering the Fundamentals of Building Sustainable Startups

      LEARN Workshop Training in Sri Lanka

      LEARN is Empowering Local Universities to Unlock the Full Potential of their Digital Infrastructure

      How Taran’s Data Science Expertise Elevated the iPrice Customer Experience

      How Taran’s Data Science Expertise Elevated the iPrice Customer Experience

      The John Keells X Chronicles Part I: Passionate Startup Founders Meet Industry Veterans

      The John Keells X Chronicles Part I: Passionate Startup Founders Meet Industry Veterans

      Creating Cultures of Respect: A Year Later DCLK’s Journey to Build Inclusive Workplaces Continues

      Creating Cultures of Respect: A Year Later DCLK’s Journey to Build Inclusive Workplaces Continues

      Inside Wiley Sri Lanka: The Professionals Empowering Research and Education through Technology

      Inside Wiley Sri Lanka: The Professionals Empowering Research and Education through Technology

    • Startups
    • Events
    • Hotpicks
    • Community
      Unlock The Secrets of Startup Funding with Founders Institute Sri Lanka

      Unlock The Secrets of Startup Funding with Founders Institute Sri Lanka

      The RiskSense Story: Building a Cyber Security Product

      The RiskSense Story: Building a Cyber Security Product

      Negotiating to Thrive – Lessons from a Hostage Negotiator

      Negotiating to Thrive – Lessons from a Hostage Negotiator

      First wildlife travel-based management lessons book by Sarath Perera to be launched

      First wildlife travel-based management lessons book by Sarath Perera to be launched

      Hack:bit 2020 is bringing the ideas of students and undergraduates to life

      Hack:bit 2020 is bringing the ideas of students and undergraduates to life

      ESCaPe 2020: University of Peradeniya’s Engineering Students Conference

      ESCaPe 2020: University of Peradeniya’s Engineering Students Conference

      Trending Tags

      • Contributor
      • Billboard
      No Result
      View All Result
      ARTECULATE
      No Result
      View All Result

      Visa Fintech Initiative: Sri Lanka – A Global Leader Empowers Local Fintech Startups

      Arteculate Arteculate
      September 2, 2022
      · 5 mins read
      VISA Hatch Fintech Sri Lanka
      Share on Facebook Share on LinkedinShare on Whatsapp

      Faster, seamless payments improve sales and give consumers a superior shopping or purchase experience. Globally, Visa, with its vast array of products, empowers financial institutions, merchants, and rising fintechs alike to make payments seamless and convenient for their customers. Now Visa is partnering with Hatch to connect with Sri Lanka’s fintech startups and support them on their collective mission to make digital payments frictionless. This partnership will see a series of webinars conducted on the 6th, 9th, and 15th of September 2022 as part of the Visa Fintech Initiative: Sri Lanka.  Open to all fintech entrepreneurs, these webinars will cover various topics to showcase how they can supercharge their products with Visa products, services and expertise.

      You may also like

      Gapstars | TukTuk

      Tech for Sustainable Tourism: Gapstars as the Technology Partner for Tuk Tuk Tournament 2022

      November 30, 2022
      GEW - Global Entrepreneurship Week

      Global Entrepreneurship Week Sri Lanka 2022 Has Begun!

      November 16, 2022
      PickMe Pass

      PickMe Launches PickMe Pass: Enjoy Unlimited FREE Delivery on all your Orders!

      November 16, 2022
      Gapstars | Great Place to Work | Technology | Culture

      Gapstars Continues To Break Records: Among the Top 100 Workplaces in Asia

      November 10, 2022

      What to expect from the Visa Fintech Initiative: Sri Lanka

      Visa | Fintech | Sri Lanka

      These webinars are open to all Sri Lanka’s fintech startups. Through this initiative, Visa aims to work alongside Hatch to raise awareness of how its products can support these companies in building something new or augmenting their existing solutions. Speaking to Arteculate, Head of Products & Solutions at Visa India and South Asia, Ramakrishnan Gopalan elaborated, “Fintechs can leverage our capabilities to build cutting-edge payment solutions. For instance, Visa Direct can be used to enable near real-time payments* between Visa cardholders.”

      The upcoming webinars will feature experts from Visa who will dive deep into the company’s products and showcase how they can facilitate such collaborations. Registration for these webinars is now open, and you can participate by clicking here. Below is a list of the topics that’ll be featured across the series.

      A glimpse into Visa’s global innovation tour

      Across the globe, Visa has several innovation centers, which serve as spaces where it works with its partners to build new experiences. The webinar will showcase best-in-class payment experiences through a series of experiential demos and will look at trends driving the future of commerce and how Visa’s network capabilities can help move our client’s and partner’s business forward. Throughout the tour, fintechs can understand how Visa’s capabilities are supporting the needs of consumers, businesses, and governments.

      eCommerce solutions to empower merchants

      Visa has a wide range of payment solutions for eCommerce merchants through its subsidiary, Cybersource. These webinars will introduce Cybersource’s capabilities and dive deep into its suite of solutions. With the solutions it offers, Sri Lanka’s eCommerce merchants would gain several options to process local and international payments while offering a seamless experience to consumers. Further, Cybersource also has payment solutions for physical payments, such as QR code payments. Due to the lockdowns owing to the COVID-19 pandemic, the world saw a boom in cashless payments and online shopping. Products like those offered by Cybersource offer a pathway for eCommerce merchants to capitalize on this opportunity to catapult their growth.

      Opening the doors to adopting BNPL

      A trending phenomenon in fintech is the concept of Buy Now Pay Later (BNPL), where consumers can split their purchases into convenient deferred payment options. This offers several benefits for all stakeholders, where merchants benefit from higher value sales, and customers enjoy greater flexibility in splitting their purchases. Being the global leader in digital payments, Visa can enable fintech partners to implement BNPL into their solutions rapidly. Some notable Indian fintech startups which have partnered with Visa for its BNPL solutions are Slice and LazyPay.

      Visa Direct: Enabling seamless near real-time payments

      Another capability that Visa can offer to fintechs, and you can learn about at these webinars is Visa Direct, a near real-time payments network for businesses and person-to-person (P2P) payments. Since its launch, it has helped institutions and fintechs alike to allow their customers to transfer funds to and from their debit accounts easily. Today, Visa Direct supports several fintech use cases such as P2P payments, settling credit card bills, loading digital wallets using debit cards, or any other form of push payment. Thus, Visa Direct serves as a bridge between a consumer’s debit accounts and the digital economy.

      Visa’s Value Added Services to support fintechs

      Being a global leader in payments, Visa also offers several services for partners to leverage its data and expertise in digital payments. These services help companies prevent fraud while also improving their operational efficiency. A notable example of Visa’s risk management capabilities is its solutions that allow merchants, issuers, and fintechs to set clear fraud detection rules – such as detecting unusual patterns and restricting card activity or flagging them for issuers to act upon in real time.

      The beginning of Visa’s journey with Sri Lanka’s fintechs 

      As a global leader in digital payments, Visa has a wealth of experience with fintech solutions in similar markets across Asia, such as India, Bangladesh, and the rest of South Asia. “We have worked with several fintech use cases across the world and helped scale them up. We’re eager to share our experience to support Sri Lanka’s fintech startups to help them grow their business,” expressed Gopalan. Hence, Visa aims to work with partners like Hatch to dialogue with Sri Lanka’s fintechs and find synergies for collaboration and their growth. 

      In addition, Visa will provide mentoring and support to these companies to apply for its partner programs. Chief among them is the Visa Fintech Fast Track program, Visa Ready, and the Visa Accelerator Program. While such programs will support fintech startups in different ways, the common thread is the support from Visa to help them overcome barriers and attain scale. In closing, Gopalan shared, “Visa has always been committed to helping the payments ecosystem grow and in Sri Lanka, fintechs make up an important part of that growth. We believe Visa Fintech Initiative: Sri Lanka is one of many steps Visa will take towards working closely with fintechs, enabling their growth and accelerating the digitization of payments in Sri Lanka.”

      *1: Actual fund availability varies by financial institution. Visa requires some issuers in some countries to make funds available to its cardholders within a maximum of 30 minutes of approving the transaction.

      Tags: HatchSponsoredVISA
      ShareShareSend
      Previous Post

      How APPTRA is Empowering Professionals and Transforming Organisations

      Next Post

      SimCentric is Transforming Military Training as a Pioneer in Virtual Experiences

      Arteculate

      Arteculate

      Arteculate is your guide to the Asian tech industry. We give you unparalleled insights, accurate, local tech news, thoughtful features and sometimes scathing opinions on where things are headed. Stay tuned for the best of Asia!

      Recommended Stories

      Gapstars | TukTuk
      News

      Tech for Sustainable Tourism: Gapstars as the Technology Partner for Tuk Tuk Tournament 2022

      November 30, 2022
      GEW - Global Entrepreneurship Week
      News

      Global Entrepreneurship Week Sri Lanka 2022 Has Begun!

      November 16, 2022
      PickMe Pass
      News

      PickMe Launches PickMe Pass: Enjoy Unlimited FREE Delivery on all your Orders!

      November 16, 2022
      Gapstars | Great Place to Work | Technology | Culture
      News

      Gapstars Continues To Break Records: Among the Top 100 Workplaces in Asia

      November 10, 2022
      She Loves Tech
      Startup News

      The Winning Women-Led Startups of She Loves Tech Sri Lanka 2022

      October 12, 2022
      PickMe | Laundromat | Sri Lanka
      News

      PickMe Partners with Laundromat: Get Your Laundry Done in a Flash With PickMe Flash

      October 2, 2022
      Leave Comment

      Recommended Stories

      Visa | eCommerce

      Visa’s eCommerce Solutions Are Opening New Doors for Merchants to Offer Better Customer Experiences

      February 8, 2023
      Optimizing Business Transportation: How PickMe Corporate is Helping Companies Save Up to 35% on Transportation Costs

      Optimizing Business Transportation: How PickMe Corporate is Helping Companies Save Up to 35% on Transportation Costs

      February 6, 2023
      The Visa Global Innovation Tour: Collaborative Opportunities Enabling Sri Lankan Fintechs to Grow

      The Visa Global Innovation Tour: Collaborative Opportunities Enabling Sri Lankan Fintechs to Grow

      February 3, 2023
      A Winning Formula: Zone24x7’s Inclusive Approach to Employee Development and Client Success

      A Winning Formula: Zone24x7’s Inclusive Approach to Employee Development and Client Success

      February 1, 2023
      The Visa Fintech Initiative: Sri Lanka – Empowering Local Startups With Opportunities To Go Global

      The Visa Fintech Initiative: Sri Lanka – Empowering Local Startups With Opportunities To Go Global

      January 30, 2023
      John Keells X Corporate Accelerator Meetup

      The John Keells X Chronicles Part II: Mastering the Fundamentals of Building Sustainable Startups

      January 26, 2023

      Popular Stories

      • Coca Cola and Avocado: A Partnership Rewarding Food Experiences

        Coca Cola and Avocado: A Partnership Rewarding Food Experiences

        0 shares
        Share 0 Tweet 0
      • Rhoda: The all-electric Sri Lankan Roadster

        0 shares
        Share 0 Tweet 0
      • Spotify Expands Into Sri Lanka: Exploring What It Has To Offer

        0 shares
        Share 0 Tweet 0
      • Leveraging the Power of AI: How EBI is Building a Digitally Inclusive Sri Lanka

        0 shares
        Share 0 Tweet 0
      • The DirectPay Story: Building a Virtual Bank One Digital Brick at a Time

        0 shares
        Share 0 Tweet 0
      No Result
      View All Result
      • News
      • Premium
      • Features
      • Startups
      • Events
      • Hotpicks
      • Community
      • Contributor
      • Billboard

      © 2020 Arteculate™ All Rights Reserved.

      Are you sure want to unlock this post?
      Unlock left : 0
      Are you sure want to cancel subscription?