{
  "id": 6418979,
  "title": "Global Fintech Fest 2026: PhonePe brings Visa's device tokenisation, tap-to-pay and cross-border payment solutions",
  "url": "https://urgent.news/2026/09/09/global-fintech-fest-2026-phonepe-brings-visas-device-tokenisation-tap",
  "topic": "world",
  "section": "World",
  "published": "2026-09-09T12:34:16.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/india/global-fintech-fest-2026-phonepe-brings-visas-device-tokenisation-tap-to-pay-and-cross-border-payment-solutions-11788955307317.html"
  },
  "original_language": "en",
  "account": "On September 9, 2026, PhonePe and Visa jointly announced the launch of three innovative payment solutions at the Global Fintech Fest (GFF) 2026. The collaboration makes PhonePe the first Indian app to introduce Cross Border Scan to Pay for international transactions and provides users with a complete suite of three core Visa capabilities: Online Device Tokenization, Tap to Pay, and Cross Border Scan to Pay. The platform also empowers micro-merchants with card acceptance through Smart Accept. The integration of Visa Device Tokenization, which was launched on the platform in February 2025, aims to create a seamless, cardless payment ecosystem. The Tap to Pay feature allows Android users to tokenize their Visa cards for contactless payments at Point-of-Sale (POS) machines, even in low-connectivity environments. Cross Border Scan to Pay enables users to scan Visa-supported QR codes in 14 international markets, removing currency exchange friction for Indian travelers. Unified Online Tokenization ensures a secure checkout experience across participating e-commerce merchants, while Smart Accept enables small merchants to accept card payments directly on their smartphones. Both companies expressed enthusiasm for the partnership, emphasizing the removal of friction in the payments value chain and the reimagining of India's role in the global economy.",
  "summary": "PhonePe and Visa have launched three payment solutions—Tap to Pay, Cross Border Scan to Pay and Smart Accept—at GFF 2026. PhonePe becomes the first Indian app to offer Visa’s three core capabilities, while Smart Accept lets small merchants accept card payments using smartphones.",
  "key_points": [
    "PhonePe and Visa launch three payment solutions at Global Fintech Fest 2026",
    "Cross Border Scan to Pay enables international transactions without currency exchange",
    "Smart Accept empowers micro-merchants with card acceptance on smartphones"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}