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Global Reach, Enlightened Self-Interest: Meet the New Visa Foundation
While it's surprising that Visa hasn't had a foundation until now—particularly given its size and global presence—it’s not wasting any time making financial commitments. The first is a larger pledge to the Women’s World Banking (WWB) initiative.
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Press release: Visa Launches Foundation With Inaugural Grant to Women’s World Banking
At the heart of the Visa Foundation is the belief that micro and small enterprises are the backbone of the global economy. In fact, small and medium enterprises account for more than 90 percent of enterprises worldwide, and contribute 50-60 percent of global employment. However, these segments struggle to access the financial tools, capital and training programs required to enable them to fully thrive. The Visa Foundation’s core mission is to support efforts to rectify this imbalance.
- Categories
- Entrepreneurship
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Visa chasing Indian payments market as mobile money gains traction
Kelly stated during the company’s Q3 fiscal earnings call that while India presented massive opportunity, the firm faced strong competition from companies offering more innovative solutions that Visa’s typical rivals.
- Categories
- Technology
- Region
- South Asia
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Visa’s payment service stirs competition in Kenya’s mobile money market
A global payments firm Visa has taken the competition for mobile money service a notch higher with the launch of mVisa that enables Kenyans use mobile phones to transact cash and make payments. The rollout of the service will enable Kenyans make free domestic mobile money transfers using mVisa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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