Visa Announces Pilot Launch of Visa Commercial Solutions Hub to Unify Its Commercial Payments Ecosystem
03 Ottobre 2024 - 2:00PM
Business Wire
New global platform will enable seamless
management of business payments with efficient, intuitive and easy
to implement solutions
Visa (NYSE:V), a global leader in digital payments, announced a
new commercial payments ecosystem, the Visa Commercial Solutions
Hub. This strategic initiative will provide financial institutions
and businesses efficient access to a wide range of commercial
payment solutions, complementary capabilities and integrations into
a range of fintech services, making it easier for them to manage
their commercial payments.
The VCS Hub will be an integrated platform, providing a more
modern, personalized and consistent experience for users to easily
navigate and accomplish key payment-related tasks. Through a single
sign-on structure, efficient onboarding process and a menu of
services to choose from, users can expect a faster and enhanced
experience.
Commercial payments represent a $145 trillion market opportunity
globallyi, but existing platforms tend to be targeted to, or
specialized across, a specific use case or segment. So, users often
have to go to disparate environments to access the range of
solutions they need. Leveraging Visa’s global network, solutions
and partnerships with key fintech providers, the Visa Commercial
Solutions Hub will deliver a unified experience at a large
scale.
“We hear regularly from our customers, and the customers of our
customers, that they want and need seamless access to - and
management of - their commercial payment solutions,” said Gloria
Colgan, SVP and Global Head of Product, Visa Commercial Solutions.
“The Visa Commercial Solutions Hub will enable better visibility
and faster decision-making for our customers, all within a sleek
new interface designed with them in mind.”
As a critical milestone in this process, the VCS Hub is moving
into an initial pilot phase this month, focused on an enhanced and
expanded B2B Payables experience. As the VCS Hub continues to
expand in 2025, we will provide additional details.
About Visa Inc.
Visa (NYSE: V) is a world leader in digital payments,
facilitating transactions between consumers, merchants, financial
institutions and government entities across more than 200 countries
and territories. Our mission is to connect the world through the
most innovative, convenient, reliable and secure payments network,
enabling individuals, businesses and economies to thrive. We
believe that economies that include everyone everywhere, uplift
everyone everywhere and see access as foundational to the future of
money movement. Learn more at Visa.com.
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iMcKinsey Global Payments Map 2022, 2022 EY Visa Direct Global
Market Sizing Study, Visa analysis
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version on businesswire.com: https://www.businesswire.com/news/home/20241003698739/en/
David Thum dthum@visa.com
Grafico Azioni Visa (NYSE:V)
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