The way we pay and get paid is changing dramatically. More consumers than ever are making use of connected devices to shop and pay, take advantage of special offers or manage their finances.
Enter Visa’s Innovation Center—112,000 square feet set aside in San Francisco to engage with financial institutions, merchants, start-ups and technology partners to search for the next big thing in payments.
Opened in July 2014, Visa’s Innovation Center at One Market Street has already brought together technologists, clients, partners and the Bay Area tech community with the purpose of informing, collaborating and co-creating new ways to pay.
The Innovation Center houses 25 to 30 full-time employees who help introduce visitors to Visa’s mobile payment technology and tools, and provide visitors with access a mock retail store equipped with the latest in payment technology.
Since the Innovation Center first opened, Visa has continued its investment in the future of payments, with innovations such as Visa Checkout—a swifter, simpler way for consumers to pay online—and Visa Token Service, which replaces sensitive payment account information found on plastic cards with a digital identifier, helping secure new forms of payment.