Visa (NYSE: V) today announced a partnership with the Central Bank of Syria and financial authorities and institutions to implement a strategic roadmap designed to help Syria rapidly integrate into the modern global digital economy. Aligning with its mission to uplift everyone, everywhere, Visa will launch operations in Syria and support the creation of a future-ready payments ecosystem built on global standards through a phased digitization plan.
The immediate focus will be on working with licensed financial institutions to develop a robust and secure payments foundation. This includes issuing payment cards and enabling digital wallets using global standards like EMV® chip and tokenization, ensuring they are secure and immediately ready for international interoperability.
Visa (NYSE: V) today announced a partnership with the Central Bank of Syria and financial authorities and institutions to implement a strategic roadmap designed to help Syria rapidly integrate into the modern global digital economy. Aligning with its mission to uplift everyone, everywhere, Visa will launch operations in Syria and support the creation of a future-ready payments ecosystem built on global standards through a phased digitization plan.
The immediate focus will be on working with licensed financial institutions to develop a robust and secure payments foundation. This includes issuing payment cards and enabling digital wallets using global standards like EMV® chip and tokenization, ensuring they are secure and immediately ready for international interoperability.
<p>Visa (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/V">V</a>) today announced a partnership with the Central Bank of Syria and financial authorities and institutions to implement a strategic roadmap designed to help Syria rapidly integrate into the modern global digital economy. Aligning with its mission to uplift everyone, everywhere, Visa will launch operations in Syria and support the creation of a future-ready payments ecosystem built on global standards through a phased digitization plan.</p><p>The immediate focus will be on working with licensed financial institutions to develop a robust and secure payments foundation. This includes issuing payment cards and enabling digital wallets using global standards like EMV® chip and tokenization, ensuring they are secure and immediately ready for international interoperability.</p>