Visa announces accelerator programme for Asia-Pacific start-ups

Global e-payment provider Visa recently announced an accelerator programme for start-ups in Asia-Pacific, including Vietnam.
Visa announces accelerator programme for Asia-Pacific start-ups ảnh 1Illustrative image (Photo: VNA)


Hanoi (VNA)
- Global e-payment provider Visa recentlyannounced an accelerator programme for start-ups in Asia-Pacific, includingVietnam.

Visa Director for Vietnam and Laos Dang Tuyet Dung said the programmeaffords start-ups a chance to join the digital economy and access important andnecessary knowledge for their growth.

Visa President for Asia-Pacific Chris Clark said it will choose sixpromising start-ups and embark on their projects in the first season, enablingthem to link up with banks and units accepting Visa cards in the region.

They will be also able to learn about issues of most concern in the financial-technologyfield in Asia-Pacific.

The programme is also expected to help companies improve the shoppingexperience and personalise banking services, while building new payment methodswithout relying on credit or debit cards.

Investment in Vietnamese start-ups tripled during 2016-2018 to nearly900 million USD. Vietnam is also the leading country in Southeast Asia in attracting investment in new payment technologies, accounting for 36 percent of total investment in this field in 2019 in the region.

According to a 2020 survey conducted by Visa, 47 percent of Vietnameseconsumers have used more contactless payment methods, 45 percent used onlinecards, and 51 percent increased payments made by e-wallets./

VNA

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