Saturday, June 6, 2015

Visa focuses on modern payment solutions – Media2.pl

He started international innovation incubator Visa Europe Collab, which will support start-ups, providing them with key information, tools and contacts enabling the development of technologies and services, changing payment methods.

In the first year of its operation Collab Visa Europe will take at least 20 ideas, each of which passes through successive stages of the 100-day evaluation process of innovation, from the initial selection by trying to market to the design phase and proof of concept. The best of the ideas ultimately verified, with the greatest potential implementation will be worked out in sections responsible for the business Visa and already as complete solutions will be used by Visa member banks, retailers and consumers across Europe.
Incubator Innovation, Visa Europe has already started operations in London and Tel Aviv, and soon will also be launched in Berlin.

The key concept explaining the mission of Visa Europe Collab is: cooperation. We are not concerned about acquiring new companies or acquiring shares in them. Instead, we enable innovative operators have access to the experience and results of research and development of the whole community of companies of a similar nature, seeking to redefine the relationship of citizens to the world of payments. During our 100-day evaluation process, entrepreneurs will have the unique opportunity to work with the most brilliant professionals from the payments industry and beyond, in order to be able to realize their ideas and perhaps reach out to the vast number of customers leading banks across the region.

Never before payment and financial sphere was not as fascinating as it is now, when our ways of paying affect newer and newer solutions and technologies, from mobile devices on virtual reality. We considered this the ideal moment to inaugurate our incubator. We believe that we are able to provide binder binding vast number of subjects – among them inventors and innovators, banks, retailers, mobile network operators and public sector entities – so that they develop a whole new ecosystem, providing the best and most modern payment solutions – says Steve Perry , founder and co-founder of Visa Europe Collab

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