Visa Adds Digital Wallet Features To Commercial Pay In Collaboration With Conferma Pay

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Visa Adds Digital Wallet Features To Commercial Pay In Collaboration With Conferma Pay

(RTTNews) - Digital payments firm Visa, Inc. (V) announced Monday extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, to revolutionize how businesses manage transactions globally.

The innovation enables financial institutions to add virtual corporate cards into an employees' digital wallet - including third-party wallets such as Apple Pay and Google Pay - to enhance convenience, security and flexibility for corporate users. Visa Commercial Pay includes virtual card B2B payment solutions developed to improve cashflow for businesses and reduce outdated manual processes.

The new and improved Visa Commercial Pay Mobile will provide a commercial token account with configured payment controls allowing for an efficient payment experience across both Point of Sale and CNP payment methods.

The transformative approach utilizes advanced tokenization technology to minimize the risk of fraud and provide a secure payment environment, while enabling businesses to initiate transactions seamlessly, enhancing overall financial agility.

Regions Bank will be the first Visa collaborator to roll out the enhanced digital wallet capability for its Treasury Management customers.

Following its successful launch in the Asia-Pacific, Europe, Middle East & Africa and North America regions, Visa Commercial Pay will be available for customers in Latin American & Caribbean later in 2024.

Teg: V
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HSBC Teams Up With Visa To Develop And Launch Zing International Money App

HSBC Teams Up With Visa To Develop And Launch Zing International Money App

Visa, Inc. (V) and HSBC Holdings plc (HSBA.L) announced Tuesday the technological collaboration in support of HSBC Group's new international payments app, Zing. The app successfully launched in the U.K. in January 2024 and will expand to additional markets in the near future.
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Visa Expands Payment Options For Canadian Amazon Customers With Installments Plans

Visa Expands Payment Options For Canadian Amazon Customers With Installments Plans

Visa, Inc. (V) announced Thursday a new collaboration with Amazon.com, Inc. (AMZN) that will provide Canadian consumers with more choice at checkout. When shopping online on Amazon.ca or on the Amazon app, eligible RBC and Scotiabank credit cardholders will now have the option to select Installments enabled by Visa as their method of payment for qualifying purchases.
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Visa Inks 7-year Deal With Western Union

Visa Inks 7-year Deal With Western Union

Visa, Inc. (V) announced Tuesday a 7-year agreement with Western Union (WU) under which Western Union customers will be able to send money to their family and friends' eligible Visa cards and bank accounts in 40 countries across five regions.
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Red Bull F1 Teams Inks Multi-year Agreement With Visa As Global Partner

Red Bull F1 Teams Inks Multi-year Agreement With Visa As Global Partner

Red Bull F1 Teams and Visa, Inc. (V) announced Wednesday an unprecedented multi-year agreement where Visa will become the first global partner of both Red Bull F1 teams, bringing a new look team to the F1 grid in the form of Visa Cash App RB, formerly Scuderia AlphaTauri.
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UK Payments Regulator Proposes To Cap Cross-border Fees On Mastercard, Visa Cards

UK Payments Regulator Proposes To Cap Cross-border Fees On Mastercard, Visa Cards

UK's Payment Systems Regulator or PSR provisionally proposed to introduce a price cap on cross-border interchange fees on credit and debit cards, mainly of U.S. payment tech majors Mastercard Inc. and Visa Inc. With this, the regulator aims to protect UK businesses from overpaying on these interchange fees.
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Visa, Mastercard Set To Raise Credit-Card Fees

Visa, Mastercard Set To Raise Credit-Card Fees

Visa and Mastercard, the top two payment networks in the U.S., are set to raise their credit-card fees which merchants pay when customers use the credit cards for transactions, according to The Wall Street Journal report on Thursday. Though these charges are generally borne by merchants themselves, a small portion of it is transferred to customers.
RTTNews | 444 hari yang lalu
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