Topic: [2014-11-13] pymnts.com: VISA CEO Confirms Tokens As New Network Revenue Stream (Read 1360 times)
November 14, 2014, 05:40:28 PM
That is a better response than an absolute "no." A lot of companies seem to be leaving the door open for integration but waiting for someone else to do the heavy lifting like infrastructure building.
November 13, 2014, 01:01:47 PM
VISA CEO Confirms Tokens As New Network Revenue Stream
Scharf also briefly touched on whether Visa is likely to embrace Bitcoins.
“Bitcoin is two things, right? Bitcoin is a currency and it is a way to create a network. And the two today aren’t associated. People (ask): ‘Are you going to accept the coin?’ And the answer is, we’ll think about it when our clients actually want to use it. So when we have banks and merchants saying ‘Hey, our clients really want to pay in Bitcoin,’ then it becomes a meaningful question for us to answer. Until then, it is just theoretical would we do it, and we have – I forget a couple of hundred currencies or 170 currencies that we do business in. If we chose another one, we can certainly do that.”
http://www.pymnts.com/news/2014/visa-ceo-confirms-tokens-as-new-network-revenue-stream/#.VGS1MlVn3qc
Scharf also briefly touched on whether Visa is likely to embrace Bitcoins.
“Bitcoin is two things, right? Bitcoin is a currency and it is a way to create a network. And the two today aren’t associated. People (ask): ‘Are you going to accept the coin?’ And the answer is, we’ll think about it when our clients actually want to use it. So when we have banks and merchants saying ‘Hey, our clients really want to pay in Bitcoin,’ then it becomes a meaningful question for us to answer. Until then, it is just theoretical would we do it, and we have – I forget a couple of hundred currencies or 170 currencies that we do business in. If we chose another one, we can certainly do that.”
http://www.pymnts.com/news/2014/visa-ceo-confirms-tokens-as-new-network-revenue-stream/#.VGS1MlVn3qc
Jump to: