Thales has announced its collaboration with Visa as the first partner in the Asia Pacific region under the Visa Digitalisation Ready Programme (VDRP). This partnership aims to expedite the adoption of Visa’s advanced digital payment solutions among financial institutions across the region. By leveraging Thales’ Digital Issuance (D1) platform, issuers can deploy Visa’s Click to Pay and Payment Passkeys services, enhancing customer experiences with faster and more secure payment options.
The collaboration is set to streamline the integration of Visa’s digital services, allowing issuers to reduce implementation complexity and accelerate deployment. This initiative is crucial as financial institutions in Asia Pacific face increasing demand for seamless and secure payment experiences amidst digital transformation and evolving cyber threats.
Thales’ D1 platform, recognised for its expertise in digital issuance and tokenisation, will play a pivotal role in this collaboration. It enables issuers to quickly activate Visa’s digital payment capabilities whilst maintaining high levels of security and performance. This ensures that financial institutions can offer frictionless checkout experiences without compromising trust.
Nassir Ghrous, Vice President of Banking & Payment Services for Asia, Middle East & Africa at Thales, stated, “As digital payments continue to evolve, issuers need a trusted technology partner that can combine innovation, security and speed to market. Through our collaboration with Visa, we are enabling payment providers across Asia Pacific to deliver next-generation payment experiences that combine the highest levels of security with the seamless convenience consumers expect.”
This partnership underscores a shared commitment by Visa and Thales to support issuers in their digital transformation journey, ultimately benefiting consumers with enhanced convenience and security in digital payments.
