Godfrey Sullivan: “Tajikistan is a promising market for Visa to develop digital payments”
Recently, Visa held the first-ever Visa Connect forum in Dushanbe. The event served as a platform for exchanging experiences and discussing the best global practices for developing the payment industry, bringing together representatives from the banking sector and technology companies.
At this forum, Visa highlighted the high growth potential of Tajikistan’s digital economy.
In an interview with Asia-Plus, Godfrey Sullivan, Senior Vice President of Visa for Products in Central and Eastern Europe, the Middle East, and Africa, explained why Tajikistan is becoming a promising market for digital payments, which technologies are already transforming the industry, and how artificial intelligence is influencing the future of finance.
AI agent, stablecoins, and digital identity– How would you describe the current global payment ecosystem? What trends are defining it today?
— Today’s global payment ecosystem is shaped by three key directions: agent commerce, stablecoins, and digital identity.
Agent commerce involves purchases and payments through AI assistants and agents. Visa has been using artificial intelligence for over 30 years to enhance payment quality, assess risks, and combat fraud.
The next step is to enable users to pay through AI agents. For example, in the UAE, we launched a scenario with a real estate partner where users can pay real estate fees through voice interaction with an AI agent.
The second important direction is stablecoins. In partnership with banks, we are working to allow users to link their stablecoin wallets to Visa cards and spend digital assets as easily as regular money.
These projects are already being implemented, including in Kazakhstan and other regional markets. Visa is also expanding settlement capabilities using stablecoins for partners, including the ability to fulfill certain settlement obligations with them.
At this forum, Visa highlighted the high growth potential of Tajikistan’s digital economy.
In an interview with Asia-Plus, Godfrey Sullivan, Senior Vice President of Visa for Products in Central and Eastern Europe, the Middle East, and Africa, explained why Tajikistan is becoming a promising market for digital payments, which technologies are already transforming the industry, and how artificial intelligence is influencing the future of finance.
AI agent, stablecoins, and digital identity– How would you describe the current global payment ecosystem? What trends are defining it today?
— Today’s global payment ecosystem is shaped by three key directions: agent commerce, stablecoins, and digital identity.
Agent commerce involves purchases and payments through AI assistants and agents. Visa has been using artificial intelligence for over 30 years to enhance payment quality, assess risks, and combat fraud.
The next step is to enable users to pay through AI agents. For example, in the UAE, we launched a scenario with a real estate partner where users can pay real estate fees through voice interaction with an AI agent.
The second important direction is stablecoins. In partnership with banks, we are working to allow users to link their stablecoin wallets to Visa cards and spend digital assets as easily as regular money.
These projects are already being implemented, including in Kazakhstan and other regional markets. Visa is also expanding settlement capabilities using stablecoins for partners, including the ability to fulfill certain settlement obligations with them.
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