Reported 1 day ago
At the Goldman Sachs Communacopia + Technology Conference, Visa Inc.'s Chief Product and Strategy Officer, Jack Forestell, reported an 11% increase in cross-border transactions for August, with tap-to-pay technology currently at 78% penetration globally but only 63% in the US, underscoring growth potential. Visa Direct experienced a 25% rise in transaction volume, while the company aims to expand its share of the $23 trillion payment market, including integrating stablecoins into its network.
Source: YAHOO