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Visa-Innovative technologies • 0 Article

Visa-Innovative technologies

 

·         1998 – First Visa-issuing license granted to Absolut Bank & first Visa-issued card;

·         1998 – Launch of first Visa Classic, Gold, and Business cards;

·         2003 – Launch of first Visa Infinite card;

·         2004 – Launch of first Visa Platinum card;

·         2009 - Liberty Bank in collaboration with Visa implemented the first Contactless operation in the CISSEE region;

·         2013 – With Bank of Georgia Visa introduced Contactless Payments in the restaurants of McDonald's in the entire country;

·         2013 - TBC bank started contactless POS terminals large-scale placement and issued Visa contactless cards design and stickers series. Later, TBC in collaboration with Visa launched first Contactless Mobile POS (mPOS) solution;

·         2015 - VTB bank Launched Host Card Emulation (HCE) technology;

·         2016 – Bank of Georgia introduced Visa token Services (Token Services);

·         2019 - Georgia became the first country of the Caucasus in the region where Apple Pay was introduced;

·         2022 - Google Pay was launched in Georgia;

·         2023 - Visa B2B Connect;

·         2023 - Georgia is the #1 country in the world in terms of penetration of contactless payments (2023, Visa Data);

·         2023 - Visa Direct to Account launch.

 

Campaigns

 

·         She's Next Empowered by Visa (Visa-led, economic empowerment of women, 4 waves);

·         Visa – Music Belongs to Everyone (supporting music festivals);

·         Tbilisi International Festival of Theater;

·         Visa Worldwide Sponsor of Olympic Games.

 

Memorandums of cooperation signed with the public and private sectors

 

·         2021 - Ministry of Economy and Sustainable Development of Georgia;

·         2022 - USAID Economic Security Program in Georgia;

·         2023 - Visa B2B Connect launch with Tera Bank, MoU signed with TBC Bank.

·         2023 - Visa Direct to Account launch with TBC Bank

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