Visa Digital Solutions Decoded

  • Fraud Prevention


According to Forrester, commerce initiated with mobile phones and tablets is expected to total $114 billion in the U.S. alone in 2014. Visa Digital Solutions is devised to allow customers to use a wide variety of Internet-connected devices while also supporting new payment methods and helping to better protect personal information. The huge expansion in the use of smartphones provides more convenient methods for both ordering and paying for merchandise. As convenience becomes increasingly important to customers and with more and more purchases being made with smartphones, you dont want to miss out on sales. Some of the news ways to purchase items with smartphones include: Wave-to-pay, Scan-to-pay and Click-to-pay.

  • Wave-to-pay makes it easier for merchants to embed Visas mobile payment technology, known as PayWave, into their mobile applications. This is done with either a secure chip on the mobile device or hosted in a virtual cloud.
  • Scan-to-pay allows retailers to accept a Visa payment by simply scanning a QR code on a smartphone screen.
  • Click-to-pay is designed to provide consumers with the ability to pay for goods online, on any device, with just a few clicks.

Visa Digital Solutions also helps protect personal information. One method of protecting the customers personal information will be the Visa Token Service. This replaces the 16-digit account information found on plastic cards with a numeric substitute, allowing customers to pay without sharing sensitive account information. Tokens can be stored directly in mobile devices and can be limited for use with specific merchants, mobile devices or types of purchases.

These advancements from Visa Digital Solutions will provide the means for customers to order from all sorts of mobile devices. Dont miss out on sales because you dont have the newest technology to accept and process orders. Let EVS help you profit from Visas brand new payment methods with enhanced fraud prevention solutions.

[Contributed by EVS Marketing]