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Product Manager(Experience in Card payment is a must)

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

Product Managers are the architects of product offerings and the key drivers of product line success and adoption by the merchant and partners. They drive the vision & strategy of the product line and its delivery and execution across the organization. We are launching exciting and innovative products in the payment space.

The Product Manager, Enterprise Payments will be part of a team responsible for defining a comprehensive strategy to expand its payments processing footprint globally. The Product Manager will be responsible for interfacing with acquirers and processing partners and defining the integration to the partners.

The Product Manager will work closely with the development organization in delivering requirements, tracking execution and in commercializing the payments products in-market. The Product manager has direct P&L responsibility and any initiatives developed for that gateway by performing a cost and ROI analysis.

Specific Responsibilities will also include:

  • Maintain, communicate, and execute against a prioritized product roadmap for an integrated payment processing strategy for Visa Acceptance Solutions

  • In-depth knowledge of payments environments of Brands/ Issuers/ processors / Acquirers/ PayFac models is a necessity

  • Understanding of mandates and compliance and prior knowledge and experience in digesting and interpreting Brands technical letters to anticipate future changes or steps we need to take to keep compliant.

  • Knowledge and experience in reading Processor specs with emphasis on Major card schemes Base specs

  • Experienced in creating/developing and setting up the boarding apparatus or for new features on existing platforms

  • Interface with key processing clients, identifying and recommending the right processing partners

  • Produce detailed product and functional requirements that will drive product development, testing and deployment

  • Provide analytical insight and assistance to Sales with strategies to drive merchant revenues and transaction growth.

  • Evangelize Visa Acceptance Solutions processing capabilities and work closely with Sales and Support to drive product market launches and merchant acquisition.

  • Experience in dealing and addressing groups or merchants in contentious discussions

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

 

Qualifications

Basic Qualifications
•7 or more years of relevant work experience with a Bachelor’s Degree or at
least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD,
MD) or 2 years of work experience with a PhD

Preferred Qualifications
•7 or more years of relevant work experience with a Bachelor’s Degree or 5 or
more relevant years of experience with an Advanced Degree (e.g. Masters,
MBA, JD, MD) or 3 or more years of experience with a PhD
•7+ years of experience required with 4+ years proven in Payments.
•Demonstrated experience in card processing and establishing connections to
payment processors.
•Applicable Knowledge and experience of EMV, P2PE, understanding of POS
hardware connectivity to payment gateways.
•Strong understanding of merchant needs in an omni-channel environment.
•Ability to identify, document and prioritize use cases and product functionality
requirements for the execution of a cohesive product offering
•Proven record of designing and delivering solutions in partnership with sales,
business development, technology and support teams for successful end to
end product launch
•Exceptional written and oral communication skills, exceptional interpersonal
skills and the proven ability to influence and communicate effectively across
regional and functional lines
•Ability to work independently within a complex and often ambiguous
environment, to drive fact-based recommendations to stakeholders and to
juggle multiple initiatives at once
•Solid interpersonal skills with a high level of self-motivation and initiative
•Demonstrated ability to work with large, cross functional (e.g. product,
business development, sales, strategy, marketing) and cross-regional teams in
a complex, highly matrixed organization to determine business and customer
needs and to build solutions to meet those needs.

Additional Information

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Average salary estimate

$100000 / YEARLY (est.)
min
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$80000K
$120000K

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What You Should Know About Product Manager(Experience in Card payment is a must), Visa

Join Visa as a Product Manager in Bangalore, India, where your expertise in card payment will be invaluable. As a leader in payments and technology, Visa connects consumers, merchants, and financial institutions worldwide. In this role, you will be a key architect of innovative payment products and strategies that expand Visa’s processing footprint globally. You’ll interface directly with acquirers and processing partners, contributing to the integration of optimal solutions. With direct P&L responsibility, you'll analyze costs versus ROI to ensure the profitability of new initiatives. Your responsibilities will include managing a prioritized product roadmap, understanding compliance mandates, and transforming complex brand specifications into actionable strategies. Collaborating with cross-functional teams, you'll help develop detailed product and functional requirements and support sales efforts to enhance merchant revenues. This hybrid position requires a professional who excels in analytical thinking, communication, and problem-solving in a fast-paced environment. If you’re looking to make a significant impact in the world of payments, we want to hear from you!

Frequently Asked Questions (FAQs) for Product Manager(Experience in Card payment is a must) Role at Visa
What are the responsibilities of a Product Manager at Visa?

As a Product Manager at Visa, you'll be responsible for leading the vision and strategy for payment products. This includes managing a product roadmap, collaborating with development teams to execute product requirements, and analyzing product performance to achieve profitability goals. You'll also interface with payment processors and acquirers to establish effective partnerships for product integration.

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What qualifications do I need to apply for the Product Manager position at Visa?

To apply for the Product Manager role at Visa, you should have a minimum of 7 years of relevant work experience in payments, with a background in card processing. A Bachelor's degree is required; however, advanced degrees such as an MBA or a Master’s can be advantageous. Proficiency in EMV and P2PE technology is preferred, alongside strong communication and interpersonal skills.

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How does the Product Manager at Visa ensure compliance?

The Product Manager at Visa ensures compliance by maintaining an in-depth understanding of mandates and technical specifications from card brands. By digesting and interpreting these specifications, you will be able to anticipate future changes necessary for compliance while advising cross-functional teams on the implementation of new features.

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What is the expected work environment for the Product Manager at Visa?

The role offers a hybrid work environment. While specific in-office days will be confirmed with your hiring manager, flexibility to work both remotely and on-site is part of the company’s culture. This allows for collaboration with cross-regional teams while also accommodating individual work preferences.

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How can a Product Manager at Visa contribute to merchant revenue growth?

As a Product Manager at Visa, you can contribute to merchant revenue growth by providing analytical insights and developing strategies that enhance transaction growth. By understanding merchant needs in an omni-channel environment and collaborating closely with sales and support teams, you’ll help drive product launches and acquire new merchants.

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Common Interview Questions for Product Manager(Experience in Card payment is a must)
Can you describe your experience with card processing and payment integration?

In discussing your experience, highlight specific projects where you successfully established connections with payment processors. Talk about the technologies you used and how your contributions impacted overall product success.

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How do you prioritize product features and requirements as a Product Manager?

For prioritizing product features, describe your approach to gathering stakeholder feedback, analyzing market trends, and considering user needs. Discuss a method you've used, like the MoSCoW method, to organize and prioritize effectively.

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What strategies do you use to ensure alignment with cross-functional teams?

Make sure to talk about your communication strategies, such as regular update meetings, collaborative tools, and feedback loops that foster transparency. Providing an example of a successful cross-functional project will be beneficial.

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How do you evaluate the success of a product after its launch?

When evaluating product success, emphasize key performance indicators like user adoption rates, revenue growth, and customer feedback. Mention how you collect data, review metrics, and iterate on product offerings based on your findings.

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What do you understand about compliance in payment processing?

Explain your understanding of various compliance standards, such as PCI DSS, and your experience interpreting brand mandates. Show how you ensure that product developments align with these requirements to maintain regulatory compliance.

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Can you talk about a time when you faced a challenge in product development?

This is an opportunity to share a specific example of a challenge you encountered, your approach to overcoming it, and the ultimate resolution. Focus on your problem-solving skills and ability to adapt.

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How do you gather and analyze customer feedback for product improvements?

Discuss your methods for collecting feedback, such as surveys, direct interviews, or usage analytics. Explain how you analyze this information and implement changes to enhance user experience.

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What motivates you in the Product Manager role?

Share your passion for the payments industry and how the challenge of creating innovative products inspires you. Highlight specific aspects of the job you find fulfilling, such as driving merchant success or developing user-friendly solutions.

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How do you handle disagreements within your team regarding product direction?

Explain how you facilitate constructive discussions to address disagreements, involve all relevant parties, and seek consensus while ensuring the product stays aligned with strategic goals. Provide an example if applicable.

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What are the key trends you see impacting the payments industry?

Share your insights on trends like digital wallets, the impact of cryptocurrencies, or the evolution of contactless payments. Show that you stay informed about industry changes and understand their implications for Visa.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, hybrid
DATE POSTED
April 9, 2025

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