[Web3] Visa Reveals Plans for an Ambitious Product Involving Payments

Welcome to the Connected Church News!

This news item is part of the weekly top 5 news bulletin (from Week 1, May 2023) specially packaged for leaders of Nonprofits, Churches, and Faith-based Social Ventures. 

VISA, the leader in the global payment space has revealed that they are embarking on an ambitious web3 project, which might involve building a product that will deal with, as per the announcement, public block chain networks and stablecoin payments. So this announcement was revealed or announced in an indirect way by the head of crypto at VISA getting on Twitter and saying that they’re looking for software developers to be involved in this product development. And when you look at the link that is attached to this Tweet, it shows the job description of the requirement that throws light into what VISA might be working on. Seems to be an interesting product that combines blockchain technology and payments inside Web3, which could be a revolutionary given the size of VISA.

Here is the full list of the Top 5 News Items from Week 1, May 2023 with source links from Facebook, YouTube, Web3, Slack, LinkedIn.

🗞️ News 1: Facebook Ads Manager’s Backend Error Leads to Overspending in Accounts   

Source: Meta

🗞️ News 2: YouTube Launches Product Drops; New Shorts Feature in iOS, Android  

Source: YouTube | Creator Insider

🗞️ News 3: Slack Launches Canvas, a Collaborative Document Feature Inside the App  

Source: Slack

🗞️ News 4: LinkedIn Publishes a New Report with Insights on Tech Marketing Trends      

Source: LinkedIn

🗞️ News 5: [Web3] Visa Reveals Plans for an Ambitious Product Involving Payments

Source: Visa

Any questions or thoughts? Please leave them in the comments or DM me on any of the social channels.

Natchi Lazarus

Author of The Connected Church. Social Media and Digital Marketing Consultant for Nonprofits, Faith-based Organisations, Churches, and Ministries.