Visa

Visa is expanding in India and Asia Pacific, with its premium dining program now spanning 13 Asia Pacific markets and agentic-commerce tools built on tokenisation and Payment Passkeys (The Hindu BusinessLine, 30 Sept). Scam exposure and concern over AI-enabled fraud in India's digital remittance market remain high (The Hindu BusinessLine, 16 Sept).

What it means Retailers, D2C brands and MSMEs face Visa-set standards for agent-ready checkout.

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Background

From 7 stories, the newest dated 8 Oct 2026. Summary written 14 Oct 2026.

Visa is a card payments network whose credit cards are issued in India by banks such as Axis Bank. [1] source: Business Today

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Rishi Chhabra is Visa's India Country Manager. [2] source: ET Small Business Axis Bank was Apple Pay's first banking partner in India, and the Apple Pay launch supports the bank's Visa and Mastercard credit cards. [3] source: Inc42

Paytm partnered with Visa to offer cardholders 50% off up to ₹50 on Metro ticket bookings, with no minimum transaction value, MediaBrief reported in October 2026. [4] source: MediaBrief From 1 October 2026, recharge and bill payment discounts of up to ₹100 apply on payments of ₹299 or more, valid until 31 December 2026. [4] source: MediaBrief Apple Pay launched in India on September 30 with eligible Axis Bank Visa and Mastercard credit cards. [1] source: Business Today On Sept. 30, 2026, Visa announced an expansion of Infinite Tastes: Beyond the Menu, which has rolled out across thirteen Asia Pacific markets, including India. [5] source: The Hindu BusinessLine At #GFF2026 on 30 September 2026, Chhabra highlighted tokenisation, Visa Payment Passkeys and trusted agent identification for AI-enabled payments. [2] source: ET Small Business

Visa's Ramakrishnan Gopalan spoke at #GFF2026 about trust, security and consumer control as agentic payments develop. [6] source: ET Small Business GTRI warned that a proposed 0.4% UPI merchant fee on transfers above Rs 2,000, due from 15 October, could cut UPI's price advantage over cards, benefiting Visa and Mastercard. [7] source: ET Small Business

Sources

  1. GTRI urges govt to withdraw 0.4% UPI merchant fee on transfers above Rs 2,000, due from 15 OctoberET Small Business

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Questions about Visa

Who leads Visa?

Rishi Chhabra is Visa's India Country Manager. He spoke at #GFF2026 on 30 September 2026 about tokenisation, Visa Payment Passkeys and trusted agent identification for AI-enabled payments. [2] source: ET Small Business

What is Visa's current strategy in India?

In September 2026 Visa discussed agentic commerce safeguards at #GFF2026 [2] source: ET Small Business and announced the Infinite Tastes: Beyond the Menu dining expansion across thirteen Asia Pacific markets, including India.[5] source: The Hindu BusinessLine In October 2026 it partnered with Paytm on Metro ticket and bill payment discounts for cardholders. [4] source: MediaBrief

Who are Visa's main competitors?

Mastercard is the rival named alongside Visa. GTRI warned in October 2026 that a 0.4% UPI merchant fee on transfers above Rs 2,000 could cut UPI's price advantage over cards, benefiting Visa and Mastercard. [7] source: ET Small Business

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