Visa Expands Flexible Credential to U.S. and UAE

Author

Slice of Finance Team
18 Nov

Key Highlights:

  • Visa Flexible Credential lets users pay from multiple accounts with one card.

  • Affirm Card allows "pay now or pay later" flexibility in the U.S.

  • Liv introduces multi-currency card capabilities in the UAE.

  • Flexible features are transforming small business finances in Japan.

  • Over 1.4 million Affirm Card users and 3 million Olive cardholders globally.

Source: Business Wire

Notable Quotes:

❝

“The Visa Flexible Credential all started with a simple idea that consumers should easily be able to choose how they want to pay.”

Jack Forestell, Chief Product and Strategy Officer at Visa
❝

“We’re excited about the partnership we’ve formed with Visa. Since our founding, our mission has remained the same — build honest financial products that improve lives.”

Max Levchin, CEO at Affirm
❝

“At Liv we stay true to our promise of providing the most innovative products to our customers.”

Pedro Sousa Cardoso, Chief Digital Officer at Emirates NBD

Our Take:

Visa’s Flexible Credential signals a significant evolution in payment technology, offering unprecedented control and choice for consumers and businesses. By integrating debit and credit functionalities in one card, it addresses a crucial demand for flexibility. Partnerships with innovators like Affirm and Liv underscore Visa’s commitment to adapting global payment solutions to regional needs, from multi-currency options in the UAE to seamless "pay now or pay later" features in the U.S. As Visa continues to expand these capabilities, it strengthens its position as a global leader in digital payment innovation, paving the way for more inclusive and user-centric financial tools.