Latest news with #T.R.Ramachandran
Korea Herald
2 days ago
- Business
- Korea Herald
Visa refreshes Infinite card benefits across 18 Asia Pacific markets
SINGAPORE, June 11, 2025 /PRNewswire/ -- Visa, a global leader in digital payments, today announced refreshed card benefits for Visa Infinite in 18 markets [1] across Asia Pacific. Visa recognises that affluent consumers seek to enhance their life's moments. To meet their evolving preferences, Visa offers Infinite cardholders access to elevated experiences – from the everyday to the extraordinary. Asia Pacific is poised to become the global leader in wealth creation and will account for nearly half (47.5%) of all new high-net-worth-individuals (HNWI) between 2025 and 2028. [2] Visa research shows that more than half of the HNWI in the region feel that they want to build greater purpose and meaning by focusing on relationships with their families and loved ones, spend meaningfully on others, and pursue personal passions and growth. [3] "Visa is committed to providing our Infinite cardholders with premium experiences and rewards to enhance every aspect of their lifestyle," said T.R. Ramachandran, Head of Products and Solutions, Asia Pacific, Visa. "The expanded benefits are thoughtfully crafted for those who seek exclusive access, immersive culture, and unforgettable journeys. Our goal is to enable our cardholders to create memorable moments with loved ones and discover new inspirations along the way." A host of travel related benefits, only with Visa Infinite The refreshed benefits cover a rich array of privileges related to travel, giving cardholders a gateway to experiences. This includes hotel discounts of up to 30% off on Agoda on hotel bookings and 20% off at IHG and Accor hotel group bookings. In addition, cardholders can choose to stay at one of the more than 1,000 carefully curated list of accommodation at Visa Luxury Hotel Collection, where they will enjoy a complimentary suite of premium benefits such as daily breakfast for two, food and beverage credits, VIP guest status, room upgrades (when available), and late check-out, all designed to enhance every stay. Visa Infinite cardholders will automatically get Titanium tier membership for GHA Discovery hotels, giving cardholders a wide range of exclusive stays and rewards to choose from, whether it's a homestay with Agoda, or a luxury six-star hotel stay with boutique or well-known hotel chains. Visa Infinite cardholders can also enjoy up to 20% off selected food and beverage outlets at seven airports in the Asia Pacific region, namely Hong Kong International Airport, Incheon International Airport, Melbourne International Airport, Perth International Airport, Singapore Changi Airport, Survanabhumi International Airport and Sydney International Airport, elevating the travel benefits conferred by the Visa Infinite card. As the preferred payment solution for affluent consumers, Visa Infinite is designed to elevate every aspect of the cardholder's lifestyle. Beyond exclusive travel privileges, it offers a seamless, secure, and globally accepted payment experience from booking a luxury getaway, shopping abroad, or purchasing concert tickets online – ensuring convenience and peace of mind wherever life takes them. Lifestyle Benefits for cardholders to enjoy Shopping and lifestyle privileges continue to elevate everyday experiences, offering exclusive benefits for the Infinite cardholder. Cardholders will get 10% off duty-free shopping at Lotte Duty Free outlets*, and complimentary gold tier membership at Harrods along with a 10% dining discount. Visa is also collaborating with ION Orchard, Singapore's iconic must-visit destination, to offer exclusive promotions and premier retail offerings. With this, Visa Infinite cardholders across Asia Pacific can take advantage of the 'Shop and Get' program +, which provides compelling rewards in the form of points and e-vouchers with a minimum spend of S$400 and above. + Cardholders can now also enjoy complimentary access to Global Blue VIP Lounges across key European shopping destinations including Paris, Milan, Rome, Florence, Barcelona, Madrid, and Marbella. For added convenience, they will also receive free access to Global Blue Airport Fast Lanes at Milan Malpensa and Rome Fiumicino Airports, ensuring a smoother and more luxurious travel experience. Exclusive BLACKPINK WORLD TOUR Asia leg pre-sale access for Visa Infinite Cardholders To mark the launch of new Infinite card benefits for Asia Pacific, Visa is thrilled to announce that Infinite Cardholders will enjoy exclusive pre-sale access to tickets for the highly anticipated BLACKPINK WORLD TOUR . The group's historic Born Pink Tour in 2022-2023 drew millions of fans worldwide. The presale^ for Visa Infinite cardholders will give cardholders early access to ticket sales to watch live an iconic group that remains the most-subscribed artist on YouTube, with over 95 million subscribers globally. The Asia leg of the World Tour kicks off on Saturday, 18 October in Kaohsiung at Kaohsiung National Stadium and include multi-night shows in Bangkok, Jakarta, Manila and Singapore, before concluding with back-to-back shows at Kai Tak Stadium in Hong Kong in January 2026. Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at
Korea Herald
26-05-2025
- Business
- Korea Herald
Visa launches Click to Pay in Hong Kong with ZA Bank, the first issuing bank in Asia Pacific
SINGAPORE, May 26, 2025 /PRNewswire/ -- Visa, a global leader in digital payments, today announced a significant advancement that will transform the eCommerce experience. Hong Kong's first and largest digital bank [1], ZA Bank, pioneers Click to Pay, enabling cardholders to complete online transactions in seconds without the need for manual card entry. ZA Bank is the first card issuing bank to enable Visa Click to Pay in Hong Kong and across Asia Pacific, with 11 more markets to follow. Click to Pay is the new standard in online shopping; it brings greater convenience to online shopping. When Click to Pay is enabled, consumers can skip guest checkout, bypass form fields and forgo the hassle of remembering passwords after setting up their Visa card on the issuing Bank's app. By eliminating the need to manually enter your Personal Account Number (PAN), or your 16-digit card number, and passwords, reducing checkout time from five minutes to under one minute [2]. Data is also securely stored with Visa, ensuring trust and security without the need for consumers to store their information on third-party sites. With cart abandonment rates as high as 84% 2 for eCommerce, Click to Pay seeks to reduce friction by improving authorisation rates by an average of 2.5% [3], improving business for merchants. Without the complexity of card information input, it is like contactless payment, for online shopping. Click to Pay enables consumers to complete online transactions within a few clicks, powering a more seamless and secure checkout experience at scale. Consumers only need their registered email, phone number or Visa Payment Passkey to check-out online. T.R. Ramachandran, Head of Products and Solutions, Asia Pacific, Visa, said, "eCommerce in Asia Pacific has been accelerated by mobile phone ownership, digital advancements and connectivity in Asia Pacific. Our partnership with ZA Bank is a great example of Visa's ongoing industry collaboration to bring innovative payment solutions that benefit the consumer, merchant and issuer. When Click to Pay is used, and combined with Visa Payment Passkey, consumers can enjoy a seamless checkout experience with just three clicks [4] while merchants will benefit from a quicker checkout time, improved authorisation rates and far lower fraud rates. Visa will continue to uplift the consumer retail and online experience while bringing greater commercial success and more innovations to our bank and merchant partners across the region." By making Click to Pay a card-level feature that comes ready with Visa cards, cardholders can access the solution without having to sign up separately on third-party eCommerce or merchant sites for Click to Pay. There is no additional setup required by consumers. To provide additional peace of mind with the Click to Pay capability, cardholders can set up their Visa Payment Passkey using their native device's biometric capability or screen lock and use the Passkey for future payment authentication when they check out at participating eCommerce sites. In the Asia Pacific region, major acquirers, including AsiaPay, and a wide range of merchants have geared up with Visa Click to Pay solutions. Consumers can now enjoy enhanced checkout and payment experiences at their favourite shops or merchants. The ZA Bank partnership highlights a growing demand among issuers, acquirers and merchants for prioritising safe, seamless and frictionless checkouts to increase customer satisfaction with a better online shopping experience. It also gives us a glimpse into what next generation eCommerce will look like – safe, seamless, secure and fast. Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at
Yahoo
26-05-2025
- Business
- Yahoo
Visa launches Click to Pay in Hong Kong with ZA Bank, the first issuing bank in Asia Pacific
SINGAPORE, May 26, 2025 /PRNewswire/ -- Visa, a global leader in digital payments, today announced a significant advancement that will transform the eCommerce experience. Hong Kong's first and largest digital bank[1], ZA Bank, pioneers Click to Pay, enabling cardholders to complete online transactions in seconds without the need for manual card entry. ZA Bank is the first card issuing bank to enable Visa Click to Pay in Hong Kong and across Asia Pacific, with 11 more markets to follow. Click to Pay is the new standard in online shopping; it brings greater convenience to online shopping. When Click to Pay is enabled, consumers can skip guest checkout, bypass form fields and forgo the hassle of remembering passwords after setting up their Visa card on the issuing Bank's app. By eliminating the need to manually enter your Personal Account Number (PAN), or your 16-digit card number, and passwords, reducing checkout time from five minutes to under one minute[2]. Data is also securely stored with Visa, ensuring trust and security without the need for consumers to store their information on third-party sites. With cart abandonment rates as high as 84%2 for eCommerce, Click to Pay seeks to reduce friction by improving authorisation rates by an average of 2.5%[3], improving business for merchants. Without the complexity of card information input, it is like contactless payment, for online shopping. Click to Pay enables consumers to complete online transactions within a few clicks, powering a more seamless and secure checkout experience at scale. Consumers only need their registered email, phone number or Visa Payment Passkey to check-out online. T.R. Ramachandran, Head of Products and Solutions, Asia Pacific, Visa, said, "eCommerce in Asia Pacific has been accelerated by mobile phone ownership, digital advancements and connectivity in Asia Pacific. Our partnership with ZA Bank is a great example of Visa's ongoing industry collaboration to bring innovative payment solutions that benefit the consumer, merchant and issuer. When Click to Pay is used, and combined with Visa Payment Passkey, consumers can enjoy a seamless checkout experience with just three clicks[4] while merchants will benefit from a quicker checkout time, improved authorisation rates and far lower fraud rates. Visa will continue to uplift the consumer retail and online experience while bringing greater commercial success and more innovations to our bank and merchant partners across the region." By making Click to Pay a card-level feature that comes ready with Visa cards, cardholders can access the solution without having to sign up separately on third-party eCommerce or merchant sites for Click to Pay. There is no additional setup required by consumers. To provide additional peace of mind with the Click to Pay capability, cardholders can set up their Visa Payment Passkey using their native device's biometric capability or screen lock and use the Passkey for future payment authentication when they check out at participating eCommerce sites. In the Asia Pacific region, major acquirers, including AsiaPay, and a wide range of merchants have geared up with Visa Click to Pay solutions. Consumers can now enjoy enhanced checkout and payment experiences at their favourite shops or merchants. The ZA Bank partnership highlights a growing demand among issuers, acquirers and merchants for prioritising safe, seamless and frictionless checkouts to increase customer satisfaction with a better online shopping experience. It also gives us a glimpse into what next generation eCommerce will look like – safe, seamless, secure and fast. About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at [1]: Interim report of Hong Kong Banks. As the first digital bank to launch in Hong Kong, ZA Bank had the highest number of users and customer deposits among the city's eight digital banks as of 30 June 2024. [2]: Retail Asia: 'I am not a robot.' 84% of APAC consumers abandon carts due to complex login process. [3]: VisaNet data, Oct-Dec 2022. Visa credit and debit CNP transactions for tokenised vs non-tokenised credentials in the AP region. Authorisation rate is defined as approved authorisations divided by total authorisation attempts based upon first attempt of a unique transaction. [4]: Three clicks to complete the transaction: 1 - Click to Pay recognises consumer and presents issuer activated cards, 2 - consumer selects a card and initiates checkout and 3 – consumer authenticates to complete the transaction. View original content to download multimedia: SOURCE Visa Worldwide Pte. Limited Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
