At LONGITUDE, Nischint Sanghavi, Visa’s Head of Digital Currencies, talked about the future of payments where you wait until Monday so that a payment can be completed—maybe that won’t be necessary anymore.

💡 Why is this important?

🔹 24/7 Payments: Payments that can be made around the clock, including Saturday and Sunday.

🔹 Stablecoins & Blockchain: These technologies have the potential to make cross-border transfers of value faster, without relying on banking system operating hours at every stage.

🔹 Cross-border business: Faster payments could reduce the time businesses spend waiting for funds and improve their cash flow.

🇱🇦 And what about Laos?

Imagine if businesses in Laos could receive payments from international customers 24/7 at reasonable fees. This could create another opportunity for Fintech and Digital Payments in the future.

However, the actual settlement speed still depends on the system used, the receiving bank, regulations, and verification procedures.

💬 The question is: If you could choose, would you like Laos to develop a 24/7 payment system for cross-border transfers, or for domestic payments first? 👇

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