Visa spotlights trust, tokenisation and AI commerce at Global Fintech Fest

Visa India and South Asia head Suresh Sethi will outline how trust-by-default, tokenisation, authentication, fraud prevention and interoperability can support India’s fast-growing digital-payments ecosystem at the Mumbai event.

— Source publishedTue, 8 Sept, 2026, 17:26 IST·First seen Tue, 8 Sept, 2026, 17:37 IST·Source ET Small Business

What happened

Visa India and South Asia head Suresh Sethi will discuss building trust into India’s expanding digital-payments ecosystem at Global Fintech Fest in Mumbai,

Key facts

  • 24.5 billion digital-payment transactions in August 2026
  • 12,000 times transaction-volume growth over the last decade
  • 49% share of global real-time digital transactions
  • September 8-11, 2026

Why this matters

Potential partners and acquisition targets that strengthen tokenisation, identity verification, fraud detection or payment interoperability may become more strategically valuable to Visa and its ecosystem.

What to watch

  • Visa India announcements on tokenisation volumes, issuer enablement and merchant adoption targets.
  • RBI or NPCI guidance on tokenisation, card-on-file credentials, AI-led transactions or payment-data controls.
  • Major Indian marketplaces or retail chains launching agentic-shopping, biometric checkout or tokenised recurring-payment features.
  • Changes in card approval rates, fraud claims, chargebacks and payment-method share relative to UPI.
  • Bank and payment-aggregator launches of delegated-payment or AI-agent authorization products.
  • Promote network tokenisation, passkeys/biometric authentication and risk-based approval tools with Indian issuers and payment aggregators.
  • Develop standards for AI-agent payments, including merchant allowlists, spend caps, revocable credentials and customer-dispute workflows.
  • Target large retailers and marketplaces with conversion-rate and fraud-loss economics rather than generic payments-security messaging.
  • Expand interoperability partnerships across cards, UPI-linked payment experiences, wallets and cross-border commerce corridors.