Chinaccelerator is excited to announce a call for application for our partner Visa’s Visa Everywhere Initiative!
Visa Everywhere Initiative is a global program designed to encourage start-ups to keep generating new ideas and breaking with traditions with the power of innovation, and to provide novel solutions for payment industry ecosystem and future commerce, as well as safer, more engaging, and more convenient payment experience for consumers.
Visa has identified 4 business challenges and are looking for the innovation that startups bring to help address those challenges — winners will be awarded US$100,000 to roll out the pilot.
The 4 briefs are:
- API Economy: Combine Visa API and other open API with latest technologies (IOT,AI,AR/VR…) to provide innovative solutions of digital commerce for banks, merchants and consumers.
- Interact with consumers in a new way: Innovate and optimize marketing approach and solutions when interacting with consumers.
- Innovative application of digital financial inclusion: Innovation in digital financial inclusion, especially those that empower payment for SMEs, micro-enterprises and rural area.
- Innovative application of consumer rewards: Through innovations in digitalizing mobile-end Big Data, provide smart offer and reward system functionalities to help banks, merchants and Fintech companies improve user loyalty and bankcard usage.
Pilot projects are a great a opportunity to connect with corporate partners, gain access to their clients and users, with the intended purpose of developing a long term partnership (post-pilot period).
Visa is looking for startups that specifically have a Chinese edge and that can speak Mandarin (you don’t need to be a native speaker, but need working proficiency).
If you’re interested in applying, send a note explaining which brief (or briefs) you’ll address and 3-5 sentences explaining your solution to vivian.law [at] sosv.com
The deadline to apply is this May 29th – please send your solutions before then!
