SAN FRANCISCO—Visa and TECH5, a biometrics and digital identity management company, said they are partnering to develop and enhance digital government ecosystems globally.
“The two organizations will design a roadmap that encompasses a series of initiatives and projects aimed at establishing a robust foundation for advancing digital payments, digital identity management, and other ecosystem-driven services,” IBS Intelligence said.
What’s Included
According to the two organizations, the partnership agreement includes:
- Designing and implementing improved digital government ecosystems in selected countries
- Developing and supporting the Go-to-Market roadmap for a SuperApp and enabling Visa card credentials for citizens and non-residents through multiple digital channels
- Developing a roadmap to expand card acceptance for government disbursements and payment programs across all platforms
- Initiating programs for financial literacy and digital inclusion
- Cooperating in the preparation of regulatory acts for digital payments development
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