Visa, the global leader in digital payment technologies, is bringing next-generation AI-driven commerce solutions to Filipino consumers and businesses. With the Bangko Sentral ng Pilipinas (BSP) reporting that 50% of retail payments were digitized in 2023, the country is primed for more advanced, secure, and seamless payment experiences.
To meet the growing demand for smarter payment tools, Visa Philippines is rolling out a suite of AI-powered innovations that focus on flexibility, security, and acceptance—key components of a modern, inclusive digital economy.
“The Philippines has one of the fastest-growing digital payment ecosystems in Southeast Asia. With our latest AI technologies, we aim to support every Filipino—from MSMEs to online shoppers—with more secure and intuitive ways to pay and get paid,” said Jeffrey Navarro, Country Manager, Visa Philippines.
Visa Intelligent Commerce: Powering the Future of AI-Powered Payments
Leading Visa’s latest efforts is Visa Intelligent Commerce, a breakthrough initiative that enables developers and fintech platforms to integrate AI-based payment APIs into everyday platforms. This means Filipino consumers may soon experience AI that can automatically order meals, manage subscriptions, or book travel—all while ensuring secure Visa checkout integration.
Visa is also exploring partnerships with tech giants Ant International, Grab, and Tencent to expand intelligent commerce capabilities across Asia Pacific.
“Filipinos can look forward to more personalized, frictionless transactions powered by AI,” said Poojyata Khattar, Head of Product, Regional Southeast Asia, Visa. “Whether it’s reordering your favorite food on Grab or booking concert tickets, Visa’s payment network ensures every digital moment is secure and seamless.”
Strengthening Digital Payments in the Philippines
Visa is launching new services tailored for Filipino consumers, small business owners, and merchants:
Visa Pay
A groundbreaking service that links local e-wallets like Maya to Visa’s global network. Now, Filipinos can pay at millions of merchants worldwide—whether in-store or online—using just a tap, scan, or click.
Digital Identity Solutions
From Passkeys to Tap to Confirm, Visa is helping improve online security while reducing transaction friction. These tools ensure safer payments for Filipinos without compromising convenience.
Visa Accept
Designed for micro-sellers and freelancers, this tool lets vendors accept contactless Visa payments through their smartphones—no additional hardware required. This feature will benefit informal businesses and self-employed Filipinos looking for simple ways to get paid.
New Payment Options for a New Generation
Visa continues to innovate with products that resonate with Millennials and Gen Z in the Philippines:
Visa Flex Credential
This multi-functional card lets users switch between debit, credit, and rewards in real-time. Originally launched in Japan, Flex is now being explored with partners across Southeast Asia, and may soon arrive in the Philippines.
Stablecoin Support & Tokenized Assets
Visa is leading the charge in crypto-friendly payments, offering stablecoin-backed cards and settlement services. In Asia Pacific, Visa has already processed over $225 million in stablecoin settlements and is collaborating with regional players like StraitsX and DTC Pay.
Through its Visa Tokenized Asset Platform (VTAP), Visa is also working to make blockchain-based payments and cross-border money movement more accessible for banks and fintechs in the region.
Collaboration is Key
Visa’s success in delivering innovation to the Philippines relies on strategic partnerships with local banks, merchants, acquirers, and government institutions.
“These collaborations help us ensure that our global innovations create real, local impact,” said Navarro. “From empowering SMEs to enabling next-gen payments, we’re committed to helping the Philippines lead in the future of digital commerce.”