Visa Launches Scan to Pay, Enabling Effortless QR Payments for Millions of Merchants Across Asia Pacific
Visa's QR Payment Expansion: Visa has launched its Scan to Pay solution, enhancing QR payment acceptance across Asia Pacific, allowing millions of merchants to accept payments through popular digital wallets and apps.
Consumer Benefits: The Visa Pay solution offers consumers a seamless payment experience with more choices and flexibility, ensuring secure transactions whether shopping locally or internationally.
Merchant Advantages: Merchants can reach a broader customer base, reduce payment processing costs, and streamline operations by leveraging existing QR infrastructure, ultimately driving business growth.
Event Participation: Visa will showcase its payment innovations at the Singapore Fintech Festival from November 12-14, 2025, highlighting its commitment to shaping secure and global payment experiences.
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- Historical IPO Performance: Analyzing inflation-adjusted data reveals that the past five largest IPOs (Saudi Aramco, NTT DoCoMo, Alibaba, Enel, and Visa) have shown mixed results, with Visa outperforming significantly at a five-year return of 1,912%, while Saudi Aramco has declined since its debut, highlighting the risks associated with large IPOs.
- Market Expectations and Valuation: Although large IPOs often come with high market enthusiasm, historical data indicates that high valuations at IPO can limit future growth potential; if SpaceX launches at a $2 trillion valuation, it may face challenges similar to those of Aramco, given that its revenue is only 15% of Aramco's.
- Investor Strategy Recommendations: Historical patterns suggest that investors typically experience drawdowns after large IPOs, thus for those intending to hold SpaceX shares, waiting for post-IPO adjustments may be a wiser strategy to avoid entering at inflated valuations.
- Future Growth Potential Considerations: While SpaceX's IPO could become the largest public offering in history, investors must carefully assess the growth expectations behind its massive valuation to mitigate potential losses from market overheating.
- Market Dominance: In Q2 FY2023, Visa processed 66.1 billion payments with a total volume of $3.87 trillion, significantly surpassing Mastercard's 43.8 billion payments and $2.7 trillion, showcasing Visa's unmatched scale and market dominance in the payment processing industry.
- High Profitability Metrics: Visa reported an operating margin of 64.4% and a net profit margin of 53.6%, both exceeding Mastercard's 60.8% and 46.4%, indicating that Visa maintains the highest margins in the industry, with costs not rising significantly as transaction volumes increase.
- Value-Added Services Growth: Visa's value-added services (VAS) segment grew by 27% year-over-year, accounting for 30% of total revenue, which not only provides new revenue streams but also highlights Visa's potential for business expansion beyond payment processing, with the CEO calling it a
- Amazon's Growth Potential: Amazon's AWS achieved a 28% year-over-year growth rate in Q1, signing new agreements with industry leaders like OpenAI, indicating strong growth potential in cloud computing that is expected to further boost company profits.
- Visa's Transaction Volume Growth: Visa processed 66 billion transactions in the recent quarter, a 9% year-over-year increase, and achieved a 17% total revenue growth through AI-driven value-added services, showcasing its strong competitive position in the global payment network.
- Eli Lilly's R&D Investment: Eli Lilly's R&D spending surged 112% over the past five years to $14 billion, driving a 160% year-over-year increase in product revenue in areas like obesity and diabetes, highlighting its strong momentum in innovative treatments.
- Optimistic Market Outlook: Analysts expect Eli Lilly's earnings to grow at an annualized rate of 21%, while its stock trades at a forward P/E of just 26, indicating that investors can acquire long-term growth potential at a reasonable price.
- Market Performance: SpaceX's stock closed at $634.05 on Forge Global, reflecting a 215% increase over the past year and valuing the company at $1.51 trillion, indicating strong market demand.
- Funding Goals: The IPO is projected to target a valuation between $1.75 trillion and $2 trillion, aiming to raise $75 billion, which would make it one of the largest IPOs in history, surpassing Saudi Aramco's $29.4 billion.
- Historical Lessons: Despite SpaceX's leadership in AI and the space economy, historical data shows that many high-valuation IPOs perform poorly post-listing, with an average decline of about 10% over six months, urging caution among investors.
- Sales Data: SpaceX reported sales between $15 billion and $16 billion last year, yet its projected price-to-sales ratio is expected to exceed 30, suggesting potential bubble risks, which may lead retail investors chasing the IPO to face disappointment.
- Delegation Composition: Trump's business delegation for the summit includes over a dozen CEOs from companies like Tesla, BlackRock, and Illumina, aiming to address long-standing business issues with China, highlighting U.S. firms' commitment to the Chinese market.
- Tangible Demands: Companies participating in the summit are required to present a 'tangible ask' to secure concrete outcomes during or after the meeting, reflecting the urgency and expectations of U.S. businesses regarding U.S.-China relations.
- Regulatory Approval Challenges: Meta faces a directive from China's state planner to unwind its $2 billion acquisition of an AI startup, illustrating the increasing regulatory pressures on U.S. tech investments in China, with firms hoping the summit will yield policy support to navigate these challenges.
- Payment Market Opportunities: Mastercard and Visa aim to leverage the summit to enhance their positions in China's payment market, with Mastercard already approved for yuan transaction clearing, while Visa seeks 100% ownership of a future joint venture, indicating strong aspirations for market entry.
- US-China Trade Talks: US Treasury Secretary Scott Bessent is set to meet with Chinese Vice Premier He Lifeng in South Korea from Tuesday to Wednesday, aiming to pave the way for the upcoming Trump-Xi summit, highlighting the urgency and complexity of trade relations between the two nations.
- Summit Agenda: Trump is expected to arrive in Beijing on Wednesday evening, with a bilateral meeting with Xi scheduled for the following morning, followed by a tour of the Temple of Heaven and a state banquet, underscoring the importance both leaders place on strengthening bilateral ties.
- Key Issues: The summit will focus on the Iran-Hormuz crisis, with analysts suggesting that it is more about preventing escalation of tensions rather than establishing deep cooperation mechanisms, which is crucial for global economic stability.
- Future Outlook: Xi is anticipated to visit the US later this year, and the outcomes of this week's meeting will lay the groundwork for future high-level exchanges between the two countries, particularly in trade and geopolitical interactions that will continue to attract global attention.











