Visa Inc.’s (NYSE:V) bid to entrench itself as a global leader in digital payments has received a significant boost. On May 26, Hong Kong’s largest digital bank, ZA Bank, integrated its Click to Pay solution to enable client’s complete online transactions in seconds. ZA Bank has become the first card-issuing bank to enable Click to Pay across Asia Pacific, with 11 more markets to follow.
The integration underscores how Click to Pay has become the standard in online shopping. It also allows consumers to skip guest checkout and forego the need to enter personal account numbers.
By enabling consumers to complete online transactions with a few clicks, Click-to-Pay stands to be a big hit. The strategic collaboration with ZA Bank underscores Visa’s industrial partnership as it seeks to embed its payment solutions in online transactions. The solution is already attracting strong interest from major acquirers, including AsiaPay, who are all gearing up for Click Pay Solutions.
Visa is a payment technology company that facilitates digital payments across the globe through various solutions. It acts as a network for electronic payments, processing billions of transactions annually with a large volume of payment and cash transactions.
While we acknowledge the potential of Visa Inc. (NYSE:V) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than V and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None.