Inviting the world to ‘Meet Visa,‘ Visa unveiled the initial phase of its brand evolution spotlighting the diverse capabilities of its network and commitment to enabling global economic inclusion. Aligned closely with the company’s business strategy, this phase includes the debut of a dynamic global marketing campaign and a preview of a modernized look for Visa’s iconic brand. The UAE is one of the first of Visa’s 200+ markets globally to roll out the brand evolution, reflecting Visa’s commitment to the growth of digital commerce in the Emirates.
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More than 60 years ago, when Visa was founded, few could imagine a world beyond cash and cheques. Visa’s founding vision to introduce a more secure, reliable and convenient currency in digital form began with a simple question: what if money became fully electronic? Today, Visa continues to anticipate the future of digital commerce, providing access through its secure global network working for everyone, everywhere.
The brand evolution also introduces new locally representative imagery which will be used from September 1st, highlighting Visa’s focus on inclusivity and representing the diversity across its partners, merchants and customers. As the branding rolls out across other markets in the region, the new imagery will embrace and reflect these markets as well.
“People think they ‘know’ Visa. Consumers and businesses trust the power of those four letters and see it when they open their wallet, pay a vendor, walk into a store or check out online. What they don’t see is how those four letters operate the most dynamic network of people, partnerships and products,” said Mohammed Ismaeel, Senior Vice President Marketing for Central and Eastern Europe, the Middle East and Africa (CEMEA), Visa. “We are on a mission to ensure that Visa is seen as more than a credit card company and understood as a trusted network that drives commerce forward.”
While Visa continues to shape the physical and digital credit or debit card transaction, it also increasingly sits at the centre of enabling money movement. A company built on access to economic inclusion, the Visa network connects 3.6 billion credentials, over 70 million merchant locations, tens of thousands of partners and powers more than $11 trillion in total volume annually. Over the last five years alone, Visa has invested $9 billion in technology to shape the future of commerce, delivering a differentiated set of products, services and benefits.[1] Visa’s network helps enable a gig-worker with the flexibility to get paid in real-time, facilitates person to person payments that can send and receive money between billions of cards and accounts worldwide, and large corporate payments to be made more effortlessly across borders, as just a few examples.
Over the course of 2021, Visa’s new brand identity will become visible in all 200+ countries and territories Visa operates in, cutting across the company’s primary business strategy encompassing:
- Consumer payments, focusing on expanding access and moving the $17 trillion spent in cash and checks globally to digital payments.
- New payment flows including cross-border person-to-person payments and a range of value-added services that help businesses of all sizes navigate today’s landscape; identify new growth opportunities; and maintain their mission of making Visa the most secure, resilient and reliable network.
- A diversity of offerings and solutions through burgeoning partnerships with fintechs and established brands, relationships with governments around the world and innovative technology built for the future.
“We are capturing the bold ambition of Visa with this brand evolution as a way to express what we stand for and what we strive for,” continued Ismaeel. “With the world reopening and with money increasingly moving in new ways, there’s no better time to showcase the work we do and the impact a purpose-driven brand with Visa’s scale can have to enable individuals, businesses and economies to thrive.”
For more information on “Meet Visa,” visit ae.visamiddleeast.com
[1] Visa Financial Analysis 2020
Credits
Agency: Wieden+Kennedy
Director: Malik Hassan Sayeed
Brand design: Mucho
