We’re pleased to share that Visa has approved a Cross-Border Waiver for our 4466 card program, supporting our plans to bring Tevau to more users across borders.
This approval is a concrete step in our continued international development. We are building for the long term, with a focus on expanding our reach and strengthening the issuing arrangements behind our card services.
Some of you have asked about Tevau and our card services. We appreciate you bringing those questions to us. When you choose a payment service, you should feel comfortable with the company behind it. We want to earn that confidence by keeping you informed of the progress we’re making and the work that supports our growth.
The scope of the approval
The waiver covers cross-border issuance under our 4466 card program into multiple countries, including Japan, Korea, Thailand, Malaysia, the Philippines, the United Arab Emirates, Brazil, Argentina and forth, subject to Visa’s approved scope and conditions.
What this means for our users
Visa’s approval supports our plans to bring our 4466 card program to more people across borders. It means the arrangements for issuing these cards in the markets covered by the waiver have been formally approved by Visa.
For our users, this is a concrete step in Tevau’s continued development. We are moving forward with our international growth plans, working to expand our reach while strengthening the compliance arrangements behind our services. This approval is part of that ongoing work.
We are building Tevau for the long term. As we develop our services, we are committed to taking each market’s requirements seriously and keeping you informed of confirmed progress. We want to earn your confidence through the steps we take and the care we put into the service you use.
Our commitment to users
We believe a lasting relationship with users begins with taking their choice seriously. A payment card can become part of someone’s daily routine. The company providing it should give careful thought to the experience around it.
Our ambition is to make Tevau a useful payment choice and a company people feel comfortable dealing with. That involves the information available before someone applies, their experience of managing an account and the attention given to a question after they become a user.
We welcome the care people take in considering those things. Choosing a financial service deserves thought, and we respect users who want to understand the arrangements behind the product. We want our presence in Japan to develop through that kind of informed, lasting relationship.
The approval gives us a specific development to share with this community. Our responsibility is to carry the same attention into the work that follows, including the decisions we make about our product and how we support the people using it.
Responsibility behind the card
Our published Terms of Service require users to open their own accounts and complete identity verification personally. They also provide for further identity checks and customer and transaction due diligence.
The terms describe practical service arrangements too, including card settings, access to transaction records and a process for raising transaction disputes.
We see these as related responsibilities: understanding who holds an account and giving users ways to manage their relationship with the service. The requirements behind a card and the experience of using it both deserve care.
That is the approach we want our product decisions to reflect. Convenience matters to us, and so does the work involved in providing a payment service responsibly.
Continuing our work in the future
We’re optimistic about our work in the future and pleased to share this approval with users across all markets covered.
Our focus is on developing the card program with a long-term view and keeping our community informed as there is more to share. Once again, thank you all for choosing Tevau and giving us the opportunity to be part of your everyday spending.
We look forward to continuing that work, sharing further developments as they are confirmed and giving you good reasons to keep choosing Tevau.
