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We are a network of networks, says Visa Group's T R Ramachandran

The new-age payments' ecosystem has the potential to upset the apple cart of even a well-entrenched global player like Visa International

T R Ramachandran, Country Manager (India & South Asia), Visa Group
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T R Ramachandran, Country Manager (India & South Asia), Visa Group

Raghu Mohan
The new-age payments’ ecosystem has the potential to upset the apple cart of even a well-entrenched global player like Visa International. It wants a bigger slice of the e-commerce pie, is building partnerships with legacy financial firms and newbies, and taking advantage of the account aggregator ecosystem. T R Ramachandran, Visa’s group country manager (India & South Asia), spoke to Raghu Mohan on the emerging landscape. Edited excerpts:
 
What kind of  an increase has Visa seen in contactless payments during the pandemic?
 
There are 12 countries with more than 90 per cent contactless penetration and 50-plus more where at least

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First Published: Sep 28 2020 | 6:05 AM IST

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