Global digital payments provider Visa has announced that it has gone live with its Visa Scan to Pay solution for QR payments, scaling acceptance across the Asia Pacific.
By enabling merchants to accept Visa payments through widely utilised wallets and payment apps, consumers are set to be able to benefit from more choice and flexibility, regardless of whether they choose to shop locally or when travelling abroad.
Connecting Asia Pacific through payments
Visa Scan to Pay is supported by collaborations with bank apps and digital wallets such as Samsung Wallet (Asia Pacific1), LINE Pay (Taiwan), VNPT Money (Vietnam), Woori Card, and Hyundai Card (Korea), as well as QR payment providers across Asia Pacific, including Lakala (Mainland China), FOMO Pay (Singapore), VNPAY (Vietnam), NextPay (Vietnam), and OpenRice (Hong Kong).
The move comes as part of the broader rollout of Visa Pay, a service that links participating digital wallets to Visa-accepting merchants worldwide, both in-store and online. Through Visa Pay, consumers can tap, scan, or pay online, leveraging their preferred wallets and payment apps. With the launch of Visa Scan to Pay, the company aims to further solidify its position in digital payments and provide its customised approach based on market needs. By facilitating these capabilities, Visa aims to enable partners to scale merchant reach and improve consumer engagement. When it comes to consumers, the company seeks to allow them to pay the way they are used to at home when travelling across the world.
Benefits for merchants and consumers
When it comes to consumers, Visa Scan to Pay is set to bring them a simplified experience, enabling them to pay globally via tap, scan, or online, utilising digital wallets and payment apps, as well as additional ways to pay, as the solution facilitates flexibility and convenience. Moreover, consumers will benefit from security, as Visa’s global network focuses on ensuring safe, reliable transactions.
By using Visa’s solution, merchants will see expanded acceptance, as they can reach international visitors utilising digital wallets from their home countries. At the same time, businesses can minimise costs and simplify their operations through existing QR infrastructure, as well as support growth across their company by boosting engagement and extending their footprint to new markets.
