New ways to pay: Bots, tattoos and augmented reality among the innovations pitched to Visa’s Everywhere Initiative
Australian and New Zealand developers using Visa APIs to help create new payment solutions
AUCKLAND - Visa, the global payments technology company, has today announced the winners of The Everywhere Initiative. The competition, which asked start-ups to use Visa APIs to bring new ideas to payments, has been held for the first time in New Zealand and Australia.
“Visa believes innovation can come from anywhere and that some of tomorrow’s payment experiences may come from co-creation between fintech and established players,” said Marty Kerr, Country Manager for Visa in New Zealand & South Pacific.
“We are thrilled there is a strong representation of New Zealand finalists with top quality ideas, such as making it easier for people to manage their money and pay bills to developing new ways for consumers with disabilities to make payments.”
At the public pitch event last night in Sydney, start-ups took home awards in the following categories:
“I’d like to congratulate all the Kiwi winners and finalists of The Everywhere Initiative, and thank all those who entered. Once again the New Zealand developer and start up community has punched well above its weight in terms of leading in innovation. We’re delighted to support some of New Zealand’s most innovative companies to succeed with concepts which embrace the future of payments,” said Mr Kerr.
This was the first time Visa ran The Everywhere Initiative in Australia and New Zealand, having held previous competitions in the United States and China. Local partners included Australian co-working space Tank Stream Labs and New Zealand business growth hub The Icehouse.
“As Visa transforms into an open commerce platform, the Everywhere Initiative is one way that we’re learning to speak the same language as start-ups,” said Shiv Singh, Senior Vice President Global Head of Digital and Marketing Transformation at Visa’s headquarters in the United States.
“We continue to work with a number of start-ups who took part in the US and China competitions. I’m excited for the finalists from Australia and New Zealand to join our growing network of Everywhere Initiative alumni from around the world and help shape the future of commerce.”
Find out more about The Everywhere Initiative: vi.sa/TEI
About Visa Inc.
Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead with prepaid or pay later with credit products. For more information, visit www.visa.co.nz.
Anthem on behalf of Visa
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