The API’s will offer the following functionalities:
Create new on-demand digital payment accounts that combine multiple digital services from Visa
Add newly issued or existing cards to the platform
Instantly activate and tokenize digital accounts for ecommerce or mobile wallets
Enable a consumer’s mobile device for contactless or QR payments using tokens
Deliver detailed transaction data for real-time transactions or authorization decisions
Configure specific rules around transactions, for example spending limits, merchant type, purchase channel or geographic boundaries.
Share digital companion cards or control access in real time
Another example would be if consumers in Asia have an app wallet that just operates within a single country, there could be a new app that allows Visa partners to turn that wallet into a Visa card that operates into a digital payment card on their mobile device, operating across more than 200 different countries.
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