Visa Introduces Passkey Technology to Enhance Online Payment Security

According to a report by Prachachat Business published on August 3, 2026, Visa is launching a new initiative to replace One-Time Passwords (OTP) with Passkey technology for online payments. This move is designed to address growing concerns regarding digital security, particularly the increasing frequency of credit and debit card data breaches and unauthorized transactions during online shopping.

For travelers and residents in Thailand who frequently use digital payment methods, this shift represents a significant change in how online transactions are verified. By moving toward Passkey authentication, Visa aims to provide a more secure and streamlined experience, potentially reducing the risks associated with traditional OTP methods, which have been susceptible to interception or phishing attacks.

While this technological upgrade is intended to bolster consumer protection, several details remain to be confirmed. It is not yet clear how quickly this transition will be implemented across all banking platforms in Thailand or if there will be a mandatory adoption period for cardholders. Furthermore, users should monitor updates from their respective financial institutions to understand how this change will affect their specific payment processes. As the digital landscape evolves, this development highlights the ongoing efforts by payment providers to mitigate cyber threats in the e-commerce sector.