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In addition, Visa is becoming the rails for government-to-consumer transactions (G2C) and business to business (B2B) transactions. And in an eCommerce world, something we might talk about, the move to a single pay button and better, faster and more frictionless authentication technologies like 3-D Secure.”.
McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. He said that part partnering with wallet providers such as Alipay and WeChat Pay will spur more than 50 million QR merchant locations to accept inbound Visa credentials.
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