Visa CIO Michael Dreyer talks about the future of high tech payments

By in Tech Sanity Check , in Banking on October 9, 2008, 2:35 PM PST

Michael Dreyer, CIO of Visa, talks about innovation, including new wallet-less and contact-less solutions such as PayWave technology, which gives users the ability to quickly process payments.

Michael Dreyer, CIO of Visa recently talked to ZDNet correspondent Sumi Das about developing transaction technologies for its financial payment network including new wallet-less and contact-less payment solutions. Dreyer also discussed what it takes to process and handle more than 300 million transactions on a daily basis, and the company’s response to the recent credit crisis rippling through the global economy.

Watch the full episode from ZDNet's CIO Sessions.

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By Jason Hiner

Jason Hiner is Editorial Director of CNET and former Editor in Chief of TechRepublic. He's co-author of the book, Follow the Geeks.

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