Visa, a leading global credit card organization, is actively driving innovation in payment solutions. At its Asia-Pacific headquarters in Singapore, the company established the 'Visa Innovation Center' which offers a platform for exploring financial technology. Recently, CardU News was invited to visit the center, experiencing firsthand how large display walls showcase services to developers and the media.

The center features scenes simulating actual transactions and introduces services such as 'Visa Accept,' enabling small merchants to easily accept multiple payment methods, and the AI-driven 'Smart Business Solutions.' With over 3.3 trillion transactions processed in the past 25 years and more than 150 million merchants globally accepting Visa tools, Visa plays a crucial role in the financial tech landscape.

The Innovation Center in Singapore transforms creative ideas into practical solutions, aimed at supporting startups and financial institutions. The recently launched 'Visa Accept' service allows small vendors without hardware to use an NFC-enabled smartphone as a payment device, facilitating diverse payment options.

Additionally, the center showcases how AI can simplify travel planning by automatically compiling all expenses into a single transaction, drastically increasing efficiency. Visa emphasizes that the speed of change in financial technology is rapidly accelerating, and the Innovation Center provides immersive experiences to solve real business challenges.