{"id":68226,"date":"2024-01-04T14:16:07","date_gmt":"2024-01-04T18:16:07","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=68226"},"modified":"2024-01-04T14:17:50","modified_gmt":"2024-01-04T18:17:50","slug":"visa-to-launch-web3-loyalty-engagement-solution","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/visa-to-launch-web3-loyalty-engagement-solution\/","title":{"rendered":"VISA to Launch Web3 Loyalty Engagement Solution"},"content":{"rendered":"\n<p>Thursday, <a href=\"https:\/\/coinscreed.com\/staging\/visa-to-explore-public-blockchain-networks-stablecoin-payments.html\" target=\"_blank\" rel=\"noreferrer noopener\">the payment network VISA <\/a>issued a press release announcing the introduction of the VISA Web3 Loyalty Engagement Solution.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"614\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/01\/Visa-1024x614.webp\" alt=\"\" class=\"wp-image-68228\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/01\/Visa-1024x614.webp 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/01\/Visa-300x180.webp 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/01\/Visa-768x461.webp 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/01\/Visa-18x12.webp 18w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/01\/Visa-750x450.webp 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/01\/Visa-1140x684.webp 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/01\/Visa.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">VISA to Launch Web3 Loyalty Engagement Solution<\/figcaption><\/figure>\n\n\n\n<p>On Thursday, payment network VISA issued a press release announcing the news. It has been announced that the VISA Web3 Loyalty Engagement Solution will be introduced in collaboration with <a href=\"https:\/\/www.smartmediatech.io\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">SmartMedia Technologies. <span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a><\/p>\n\n\n\n<p>To retain consumers for the payment giant's services, VISA intends to offer augmented reality treasure hunts, gamified giveaways, and novel methods of earning and depleting loyalty points through its new customer loyalty program.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-revised-visa-scheme\">The revised VISA scheme<\/h2>\n\n\n\n<p>To regain its clientele, VISA recently unveiled a novel Web3 engagement solution. Customers who make transactions using the organization's payment services can accumulate additional digital points through the redesigned service.<\/p>\n\n\n\n<p>Global payment facilitators have observed a significant increase in online clientele, particularly in the aftermath of the global pandemic of 2020. In light of intensifying competition, however, all facilitators must cultivate a devoted clientele to prevent business loss.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">VISA Clients to Offer Rewards<\/h3>\n\n\n\n<p>Through its new customer loyalty program, VISA will offer diverse digital assets for its clientele to acquire. This may include loyalty assets, rewards for ticketing, token-based gatekeeping, collectibles, gamified giveaways, augmented reality treasure searches, and more.<\/p>\n\n\n\n<p>The company added that the new Visa solution, which SmartMedia Technologies fuels, can offer brands a user-grade enterprise platform that connects Web2 and Web3 innovation and can be customized to generate curated consumer experiences and offers.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">The Digital Reward System's Rise<\/h4>\n\n\n\n<p>As a result of an expanding clientele that typically favors customized presents and a robust loyalty program, numerous industry titans have begun to place greater emphasis on augmenting Web3 services to distribute rewards.<\/p>\n\n\n\n<p>Prominent corporations such as <a href=\"https:\/\/www.starbucks.ch\/en\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Starbucks,<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> Nike, Adidas, and Venmo are among those that have implemented Web3 loyalty programs to improve the user experience and potentially convert them into brand advocates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thursday, the payment network VISA issued a press release announcing the introduction of the VISA Web3 Loyalty Engagement Solution. On Thursday, payment network VISA issued a press release announcing the news. It has been announced that the VISA Web3 Loyalty Engagement Solution will be introduced in collaboration with SmartMedia Technologies. To retain consumers for the [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":68228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9619],"tags":[5895,5985],"class_list":["post-68226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3-news","tag-visa-2","tag-web3"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/01\/Visa.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/68226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=68226"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/68226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/68228"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=68226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=68226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=68226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}