Uncover key payments vendors in Forrester’s Merchant Payment Providers In Asia Pacific

Visa has been recognised as a notable vendor in Forrester Research's recent report , "The Merchant Payment Providers in Asia Pacific Landscape, Q3 2024[1]." This report outlines how various merchant payment providers in Asia Pacific (APAC) are currently supporting the significant expansion of payment methods, countering financial fraud, and optimising payment performance for digital business and payment professionals in the region as they seek out the best partner.

As digital commerce flourishes across the region, merchants face both immense opportunities and challenges in enabling seamless payment experiences. Visa is uniquely positioned to help businesses navigate this landscape with our open payment platform, future-forward technologies, and unmatched regional scale:

Empowering merchants with payment methods: The diversity of digital platforms and super apps in Asia Pacific makes the alternative payments landscape even more complex. We offer merchants with multiple alternative digital payment methods in market to support their customers’ preferences.

Simplifying payments integration: Managing multiple vendors and integrations is a top challenge for many merchants. Our platform-based offering has been adapted to facilitate flexibility to work with merchant’s preferred acquirers and technology partners.

Securing payments with AI: As an early pioneer in AI-powered risk management, we are leaning heavily into artificial intelligence to help businesses proactively combat fraud. With an estimated $3B+ invested in AI/data infrastructure over the last decade, Visa is committed to responsible innovation in securing digital payments.

Optimizing acceptance with data: Our platform enables businesses to leverage payment data for maximum value - streamlining processes, personalising experiences, and uncovering optimisation opportunities. As digital payments proliferate, unlocking insights from rich transaction data becomes a major differentiator.

The Forrester report notes that merchant payment buyers in APAC want to provide localised experiences while addressing increasingly sophisticated fraud. There is strong demand for rich insights and support for diverse business models in the region's multifaceted digital economy. We are actively investing in these areas to empower merchants to thrive in the next generation of digital commerce.

We’re more than just payments experts who can help businesses to expand your offerings to better meet customers’ needs, including more good orders with less friction and the flexibility to do business your way. Our open payment platforms support the expansion of payment methods, secure and optimise payment performance, and help businesses to leverage on data to differentiate themselves in an intensely competitive region.

Get in touch with us to discuss how we can help your business to scale and grow.

[1] The Merchant Payment Providers In Asia Pacific Landscape, Q3 2024, Forrester, August 2024.

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