Visa School of Public Policy Video Library
Fundamentals of Electronic Payments
This section contains videos that relate to the basics of electronic payments. With content ranging from "The History of Money" all the way to "The Future of Electronic Payments", this section is intended to provide a quick overview of payments, and illustrate the ways that Visa is changing the payments landscape.
Videos in this series
A Day in the Life of VisaNet
Visa's global network, VisaNet, processes millions of transactions every day. A 24 hour journey through Australia, Russia, India, South Africa, Brazil and the United States reveals trends and patterns emerging from the domestic transactions.
This video provides an overview of Interchange and illustrates some of the benefits that Interchange provides to electronic payments stakeholders.
The Future of Payments
A brief look at some of the ways that Visa is helping to shape the future of electronic payments.
Operating in a V.U.C.A. World, with Policy Makers and Regulators
DukeCE educator John Sweeney discusses the challenges of creating effective regulation in a world filled with Volatility, Uncertainty, Complexity and Ambiguity (V.U.C.A) in this short video that was produced as a follow-up to the Visa and DukeCE program ''The Changing World of Payments'' that was hosted in Singapore for ASEAN regulators and policy-makers.
How Electronic Payments Work
Take a look behind the scenes of an electronic payments network to see how transactions are processed, explore how all of the different parties involved are connected, and review the various steps required for any electronic payment to occur.
About the Visa School of Public Policy
The Visa School of Public Policy's primary focus is to be a trusted partner and thought leader to government regulators and policy makers around the world. Our programs are designed to demonstrate the benefits of electronic payments for economies, and to spread awareness of the positive impact that can be provided when policies and regulations allow electronic payments and innovation to flourish.
The Cost of Cash
Historically cash has been an integral part of our daily lives, but most people have never taken the time to consider all of the hidden costs of hard currency. The majority of the costs associated with cash are borne by banks, merchants, and private companies, and often end up being passed down to the consumer.
Digital Payments & Economic Growth
Digital payments have the potential to drive economic growth, expand economies, increase the number of jobs, and drive financial inclusion around the world, while at the same time, increasing security, reducing the shadow economy, and making payment easier for everyone, everywhere.
The Benefits of Competition
Competition among businesses plays a crucial role in creating and sustaining a healthy economy. This video explores the benefits that fair and healthy competition can provide to consumers, businesses, and governments.
Building a Digital Payments Network
An effective digital payments network enables commerce, expands financial access, and helps grow economies by opening up new opportunities for businesses and consumers around the globe.
Visa's Innovative Products
This section contains videos that highlight new products and innovative solutions that Visa has developed to enhance the way that consumers pay for goods and services. From e-commerce to point-of-sale and beyond, the evolution of payments is happening faster then ever before.
Videos in this series
Paying online is about to get a whole lot easier.
Watch how easy it is to enroll and use Visa Checkout.
Goodbye filling out forms. Hello Visa Checkout.
The easier way to pay online.
Learn about using Visa with Apple Pay. Apple Pay is a revolutionary new payment method that allows consumers to make purchases with an iPhone 6 or newer device.
History of Visa
Visa has been at the forefront of electronic payments since its inception. From the first revolving credit card platform to neural networks and mobile payments, Visa has pioneered the growth and development of this fast-moving industry. Visa's payment platforms are increasingly the backbone of global commerce, enabling the swift and secure transfer of value and information among financial institutions, individuals, businesses and government entities.
The ABCs of APIs – from MuleSoft and VISA
APIs are everywhere. You’re surrounded by them. They’re in the apps you know and love. And you use every day. But what is an API anyway? Well, see how we break APIs down with a simple analogy.
Visa Direct is the quick, safe, affordable and easiest way to send and receive money.
IBM and Visa: Turn Any Connected Device Into A Point of Sale with Watson IoT
Via a first of a kind collaboration, IBM and Visa are bringing the point of sale everywhere by allowing businesses to quickly introduce secure payment experiences for any device connected to the Internet of Things. The collaboration brings together IBM’s Watson IoT platform and cognitive capabilities and Visa’s global payments capabilities that are processing more than 60 percent of the world’s payments.
Visa Digital Solutions
This short animated video provides a high-level overview of Visa Digital Solutions for multiple audiences (merchants, issuers, processors, consumers). It explains the digital payment process and Visa’s role as the end-to-end solution provider. Visa Token Service, payWave, and Visa Checkout are highlighted, and payment technologies such as NFC and Apple Pay are mentioned as well. The story includes a real-life scenario of a consumer making both an onsite and online payment.
Why Paying With Your Phone Is So Secure
With new technology, your credit card details aren’t stored on your phone. Rather, your card number and personal information are securely locked away by Visa, only activated when you buy in a shop or online. Paying with your mobile has never been safer.
Online Shopping Is Easy and Secure With Visa
Visa research shows that some consumers however hold back from using their Visa card to shop on-line because of security fears. One of the solutions Visa has developed to address online security is Verified by Visa (VbV). VbV works by authenticating the cardholder before a transaction begins. That's great news for online shoppers!
Visa Quick Chip for EMV
Paying with chip gets a speed boost! Quick Chip for EMV accelerates the checkout process with a simple terminal upgrade.
Mass Transit Transaction Model - extended version
Visa has created the Mass Transit Transaction model, a back-office framework to manage contactless fares regardless of transit operators’ size or fare structure. The Visa model enables operators to offer a range of flexible fares, including fixed fares, distance- and time-based fares, and multi-modal fares, as well as features like fare capping, concessions, and delay refunds.
Around the world, Visa is working hard to enhance peoples lives through financial literacy and inclusion. From providing training to school children, to leveraging existing products and solutions, such as Prepaid Debit Cards to more efficiently deliver financial relief to those in need, the following videos illustrate the ways that Visa is making the world a better place.
Videos in this series
A Helping Hand
The Solidaridad Visa prepaid program delivers social benefits safely and conveniently to almost 1 million Dominicans in need.
When the Dominican Republic switched to Visa prepaid cards for distributing public services, funds for food and basics could be reloaded easily. As a result, Maria Alta Gracia Reyes gets better, faster benefits and the government saves money.
Rwanda Partners with Visa to Advance Financial Inclusion
In a world where half the adult population is unbanked, extending secure and reliable financial services to more people is a challenge that requires the collective will of governments and the private sector. This is particularly true in Rwanda where 77 percent of the population lacks access to formal financial services.
The Rwandan government has ambitious goals, as part of its Vision 2020 plan, to bring financial services to the majority of the population. Visa is supporting Rwanda in its mission and will help deliver programs that extend access to financial services for people throughout the country. Through its newly formed Charter of Collaboration with the government, Visa will help lay the foundations for electronic payments, promote innovation, and build capacity to ensure the long-term sustainability of financial systems.
Stimulating Neighborhood Economies in the Dominican Republic
Today, the Dominican Republic is one of the fastest growing countries in Latin America, but less than a decade ago, it was in the throes of a financial crisis. At the outset of the crisis, the government responded with a program of direct food aid, distributing groceries to residents from trucks. But this had serious drawbacks, including the potential for theft and the exclusion of local community merchants.
In 2004 the government partnered with Visa and Dominican financial institutions to launch the Solidaridad Card -- a way to distribute benefits to citizens in need in the form of funds on a reloadable Visa prepaid card that can be used at locally-owned micro-businesses. The program not only is more secure, but it enables local grocery stores, called Colmados to benefit as well, shoring up local economies. It has been a tremendous thing for me, for my business, says one shopkeeper. Business has grown 60 percent more than it was before.
Importantly, the program has proven to be an important first step toward financial inclusion for cardholders and for merchants, who are less reliant on cash or physical goods.
Bringing Relief to Tennessee Flood Victims
Navy Federal and the Navy Marine Corps Relief Society provided valuable interest-free loans on Visa prepaid cards to sailors and their families who fled the floods in Tennessee.
Sixth-Annual Global Summit on Financial Literacy
The Federal Reserve Bank of Chicago and Visa hosted their sixth-annual global summit on financial literacy and education.
Attendees from more than 58 countries explored potential solutions to improving financial literacy worldwide, which included reviews of research and educational programs.
Financial Literacy -- Mecca, California
Armed with Visa's financial literacy tools, one dedicated teacher is helping shape the lives of children by providing them with an education in financial basics, such as the management of a checking account and debit card, as well as the creation of a family budget.
Streamlining Benefit Distribution in Nebraska
The government of Nebraska switched Nichole Bouwens' child support to Visa prepaid. Instant monthly reload now allows her more time with her daughter and less time waiting for checks to clear.
Pakistan and Visa Team Up to Deliver Aid
Visa rebuilds lives. Fazal Mahmood and 1.5 million Pakistanis were displaced by fighting in 2010. The government turned to Visa for efficient, secure relief. Now, Fazal shops with Visa prepaid.
Sochi Prepares for 2014 Olympics
The Russian Black Sea resort of Sochi is ready to step into the spotlight as host of the world's next major sporting event after the London Olympic Games. As part of its preparations for the Games, Visa and its partners are on-the-ground working with merchants and the Olympic Committee to help ensure that Russia plays host to the greatest winter games ever.
To enable the fast and efficient distribution of emergency government funding, Banco do Brasil and Visa introduced the Defesa Civil Visa card in 2011. For Anderson Zanon, the Mayor of Sapucaia, receiving federal aid on the card enabled him to quickly and efficiently purchase food, equipment and shelter for the hundreds of residents displaced the devastating landslide that hit the town in 2012.
Currency of Progress
In October 2009, Visa launched a new platform to communicate its identity and purpose through an initiative called Currency of Progress. GMMB helped Visa create and implement new corporate positioning, bringing it to life with a short-form video and a series of television spots, print and out-of-home advertising, public radio sponsorships, digital ads, brochures for policymakers and employees, and strategic counsel on the development of internal communications materials.
A teacher and student’s #KindnessIsCashless story
This teacher’s concern about his students makes us wonder if we are bringing up a careless generation, till it takes a touching turn. Spread the little acts of goodness and prove to the world that KindnessIsCashless
Visa Financial Inclusion in China
Learn about Visa’s financial inclusion partnership with China. The program is designed to reach 10 million underserved Chinese citizens by providing access to financial services by 2020.