Multi-year brand evolution highlights the power of Visa's trusted global network, enabling modern money movement and expanding economic access
HONG KONG, Dec. 21, 2021 /PRNewswire/ -- Inviting the world to 'Meet Visa,' the global payments technology company today unveiled the initial phase of its brand evolution in Hong Kong spotlighting the diverse capabilities of its network and commitment to enabling global economic inclusion. The brand evolution that started in the US in July has been steadily rolled out across Asia Pacific. 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.
More than 60 years ago, when Visa was founded, few could imagine a world beyond cash and checks. 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.
"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 it operates the most dynamic network of people, partnerships and products," said Lynne Biggar, Executive Vice President and Global Chief Marketing Officer, 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 center 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 USD 11 trillion in total volume annually. Over the last five years alone, Visa has invested USD 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.
"Visa has been serving merchants and consumers for decades and is one of the most recognized brands[2] to make transactions at home and abroad as fast, safe and convenient as possible. With a refreshed look and brand identity, we will continue to help revolutionize the payment industry, expand and improve our offerings to meet the evolving needs of our customers," said Maaike Steinebach, General Manager of Visa Hong Kong and Macau. "We see our future as the trusted network, connecting individuals, businesses and economies, shaping the future of commerce."
New Visa brand identity symbolizes change. Visa has long stood for trust, security, acceptance and inclusion. These core values, in addition to the goal of enabling access for everyone to participate in the global economy, will be expressed through a modernized, dynamic visual brand identity, built in partnership with leading global brand design firm Mucho. The 'Meet Visa' campaign features refreshed colors for digital impact, a custom font created for optimal digital experiences and an updated brand symbol designed to express the purpose behind the organization.
Visa's new brand identity will become visible in over 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 USD 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 our 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 Biggar. "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."
'Meet Visa' films spotlight the power of the network. Developed by Visa's global creative agency of record, award-winning Wieden+Kennedy, Visa is unveiling a short film directed by Malik Hassan Sayeed that invites the world to 'Meet Visa,' a network working for everyone. Complementing this introductory film is a series of shorter digital films and photography that showcase the breadth of the Visa network working to provide access and advancing commerce for real people in real places around the world. Brought to life by some of the best and most diverse creative talent including Sayeed, Visa also worked with photographer Camilla Falquez and Argentinian directing team Pantera & Co. – Brian Kazez, Pato Martinez and Francisco Canton – to vividly capture moments such as:
- Finding flexibility in how to get paid
- Connecting local merchants to global sellers
- Working on a future where crypto can buy cool things
- Helping turn side jobs into global sensations
[1] Visa Financial Analysis 2020 |
[2] YouGov Global Best Brand Rankings 2021, Visa is one of the top three most positively perceived brands by consumers in Hong Kong |
About Visa Inc.
Visa Inc. (NYSE: V) is the world's leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company's relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device, for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit www.visa.com.hk, visa.com/blog and @VisaNews.