• Recommerce: powering the circular economy

    We define Recommerce as a regenerative way to buy, re-use and share goods and services. It includes business models and activities like Resale, Repair, Rental, Refill, Return and Redistribute.

    women painting chair woman painting chair

Shifting to a regenerative economy    

trolley icon
spanner and screwdriver icon
flag icon
recycle arrows icon
delivery truck icon
hand with 3 lines icon

Open to all

Here are some ways everyone can get involved

Resale

First step: Have you ever sold any of your goods, for example clothes? Step further: Have you disassembled a product, recovered key parts (auto etc) and sold them for a profit?

woman on phone woman on phone
man working on bike man working on bike

Repair

First step: Do you mend your clothes or repair your shoes? Step further: Have you learnt new skills to repair goods (furniture, toys etc) to prolong their lives?

Rental

First step:  Have you rented a bike to travel around a city? Step further: Have you subscribed to a tech rental scheme or a bike rental scheme?

woman next to pushbikes woman next to pushbikes
child filling pasta jar child filling pasta jar

Refill

First step: Have you ever used a refillable water bottle or coffee cup? Step further: Have you also refilled cosmetics in-store? How about everyday grocery items?

Return

First Step: Have you used a deposit return scheme for recycling? Step further: Have you returned your sofa/mattress or furniture as part of a buy-back scheme?

man taping box man taping box
couple in kitchen holding tablet couple in kitchen holding tablet

Redistribute

First step: Have you redistributed clothes or toys in a peer-to-peer marketplace? Step further: Have you bought food from apps which resells end of life food at reduced prices?

Case studies

refunk logo
nowa logo

Learn more about our approach

At Visa, we want more people to join the regenerative economy and share its benefits, as part of our mission to uplift everyone, everywhere.

You may also be interested in