Visa net the power of digital currency
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21-Oct-2014 -
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Economy & Finance
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Transcript of Visa net the power of digital currency
Group 6Sai Malkarnekar
Natasha VagalkarAbhijith Shinkre
Franky SimoesSachin Acharya
Clifton Rodrigues
Introduction
• Visanet is a digital Global currency.
• It helps to connect consumers, business banks & Governments all over the world.
• A wide range of digital currency facilities from Debit & Credit Cards to fund transfers to mobile payments & online banking.
Characteristics of Visanet
• Visanet helps in eliminating cash and replaces them with digital currency.
• Services that facilitates cost saving and efficiency in delivery of funds.
• An instant connector of banks, financial institutions and consumers
Advantages of Visanet
• Fast • Secure • Reliable• Scalable• Flexible
Disadvantages
• Lack of knowledge• No access to some areas
Users of Visanet
Impact of Visa power
• Financial inclusion • Saving government money• Government responsiveness• Business benefits
Group Conclusion
• Visanet today delivers the benefits of digital currency to nearly Quarter of the worlds population.
• It offers a wide range of flexible products and services.
Contd..
• In the distant future digital currency will completely replace hard cash and visanet will play a major role in this transformation.
• Continuous innovation and investment will make Visa one of the worlds most advanced payment networks.
References
• Buisness India Magazine (Dated – 30th October 2011)
• www.currencyofprogress.com• www.visanet.com• http://en.wikipedia.org/wiki/Electronic
money
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