Visa's Impact

A Helping Hand

The Solidaridad Visa prepaid program delivers social benefits safely and conveniently to almost 1 million Dominicans in need. When the Dominican Republic switched to Visa prepaid cards for distributing public services, funds for food and basics could be reloaded easily. As a result, Maria Alta Gracia Reyes gets better, faster benefits and the government saves money.

Rwanda Partners with Visa to Advance Financial Inclusion

In a world where half the adult population is unbanked, extending secure and reliable financial services to more people is a challenge that requires the collective will of governments and the private sector. This is particularly true in Rwanda where 77 percent of the population lacks access to formal financial services. The Rwandan government has ambitious goals, as part of its Vision 2020 plan, to bring financial services to the majority of the population. Visa is supporting Rwanda in its mission and will help deliver programs that extend access to financial services for people throughout the country. Through its newly formed Charter of Collaboration with the government, Visa will help lay the foundations for electronic payments, promote innovation, and build capacity to ensure the long-term sustainability of financial systems.

Stimulating Neighborhood Economies in the Dominican Republic

Today, the Dominican Republic is one of the fastest growing countries in Latin America, but less than a decade ago, it was in the throes of a financial crisis. At the outset of the crisis, the government responded with a program of direct food aid, distributing groceries to residents from trucks. But this had serious drawbacks, including the potential for theft and the exclusion of local community merchants. In 2004 the government partnered with Visa and Dominican financial institutions to launch the Solidaridad Card -- a way to distribute benefits to citizens in need in the form of funds on a reloadable Visa prepaid card that can be used at locally-owned micro-businesses. The program not only is more secure, but it enables local grocery stores, called Colmados to benefit as well, shoring up local economies. It has been a tremendous thing for me, for my business, says one shopkeeper. Business has grown 60 percent more than it was before. Importantly, the program has proven to be an important first step toward financial inclusion for cardholders and for merchants, who are less reliant on cash or physical goods.

Bringing Relief to Tennessee Flood Victims

Navy Federal and the Navy Marine Corps Relief Society provided valuable interest-free loans on Visa prepaid cards to sailors and their families who fled the floods in Tennessee.

Sixth-Annual Global Summit on Financial Literacy

The Federal Reserve Bank of Chicago and Visa hosted their sixth-annual global summit on financial literacy and education. Attendees from more than 58 countries explored potential solutions to improving financial literacy worldwide, which included reviews of research and educational programs.

Financial Literacy -- Mecca, California

Armed with Visa's financial literacy tools, one dedicated teacher is helping shape the lives of children by providing them with an education in financial basics, such as the management of a checking account and debit card, as well as the creation of a family budget.

Streamlining Benefit Distribution in Nebraska

The government of Nebraska switched Nichole Bouwens' child support to Visa prepaid. Instant monthly reload now allows her more time with her daughter and less time waiting for checks to clear.

Pakistan and Visa Team Up to Deliver Aid

Visa rebuilds lives. Fazal Mahmood and 1.5 million Pakistanis were displaced by fighting in 2010. The government turned to Visa for efficient, secure relief. Now, Fazal shops with Visa prepaid.

Sochi Prepares for 2014 Olympics

The Russian Black Sea resort of Sochi is ready to step into the spotlight as host of the world's next major sporting event after the London Olympic Games. As part of its preparations for the Games, Visa and its partners are on-the-ground working with merchants and the Olympic Committee to help ensure that Russia plays host to the greatest winter games ever.

How Card Payments are Changing SSS Benefits in the Philippines

Interviews with Emilio S. Quiros, President of the Social Security System SSS and Batara Sianturi, CEO of Citibank Philippines explain how electronic payments are changing the way disbursements are made across the country.

Defesa Civil

To enable the fast and efficient distribution of emergency government funding, Banco do Brasil and Visa introduced the Defesa Civil Visa card in 2011. For Anderson Zanon, the Mayor of Sapucaia, receiving federal aid on the card enabled him to quickly and efficiently purchase food, equipment and shelter for the hundreds of residents displaced the devastating landslide that hit the town in 2012.

Currency of Progress

In October 2009, Visa launched a new platform to communicate its identity and purpose through an initiative called Currency of Progress. GMMB helped Visa create and implement new corporate positioning, bringing it to life with a short-form video and a series of television spots, print and out-of-home advertising, public radio sponsorships, digital ads, brochures for policymakers and employees, and strategic counsel on the development of internal communications materials.

A teacher and student’s #KindnessIsCashless story

This teacher’s concern about his students makes us wonder if we are bringing up a careless generation, till it takes a touching turn. Spread the little acts of goodness and prove to the world that KindnessIsCashless

Visa Financial Inclusion in China

Learn about Visa’s financial inclusion partnership with China. The program is designed to reach 10 million underserved Chinese citizens by providing access to financial services by 2020.