Visa, a prominent figure in the digital payments landscape, has unveiled the addition of three new AI-powered risk and fraud prevention solutions as part of its global value-added services portfolio. These innovative products, integrated into the comprehensive Visa Protect suite, aim to combat fraud in various payment scenarios, including immediate account-to-account and card-not-present (CNP) transactions,...
Alaan, UAE’s fastest-growing corporate card solution, and Visa, a global leader in digital payments, have unveiled a landmark 5-year deal aimed at digitizing expense management processes for businesses in the UAE and KSA. This strategic alliance seeks to harness Visa’s renowned payment network, VisaNet, alongside Alaan’s AI-powered spend management system to provide enhanced financial control...
In a significant move to enhance payment flexibility, Adyen, a global financial technology platform catering to enterprise businesses, has announced its collaboration with PayMe by HSBC in Hong Kong. This partnership designates Adyen as an acquirer of the mobile payment service, enabling Adyen’s merchants to accept PayMe as a payment method during online checkouts for...
The global subscription market continues its upward trajectory, projected to reach $406 billion by 2025. With the surge in consumer subscriptions across various sectors like retail and food, Visa, a global leader in digital payments, has unveiled Subscription Manager, a comprehensive service designed to simplify subscription management for Visa cardholders. In an age characterized by...
In a bid to revolutionize Africa’s payment ecosystem and bolster the digital economy, the Visa Africa Fintech Accelerator, launched in June 2023, has become a beacon of opportunity for fintech startups across the continent. Aligned with Visa’s commitment to invest $1 billion in Africa by 2027, this 12-week hybrid initiative aims to uplift Africa’s digital...
Thunes, a prominent cross-border payments company, has announced an expanded strategic collaboration with Visa, a global leader in digital payments, to facilitate new endpoints in key markets across Asia and Africa. This enhanced collaboration entails Visa leveraging Thunes’ extensive network to facilitate payments to over 108 digital wallet types and bank accounts in countries across...
Valu, the leading universal financial technology powerhouse in MENA, has announced a groundbreaking partnership with Visa, the world leader in digital payments, unveiling the new prepaid Valu card. This strategic move redefines payment convenience across Egypt, offering users unmatched flexibility and seamless transactions. The Valu prepaid card introduces unparalleled convenience, allowing users to effortlessly carry...
Visa, a global leader in digital payments, has teamed up with Merex Investment and PayMate to digitize rental collections in the UAE through Visa’s BPSP solution provided by PayMate. This innovative partnership aims to modernize payment processes for commercial tenants, enhancing efficiency, transparency, and security. Launched in 2020, Visa’s BPSP solution enables payments made on...
In a landmark collaboration aimed at championing the success of women-owned small businesses, global payments technology leader Visa has announced its partnership with Absa for the 2024 She’s Next programme. She’s Next is a global advocacy initiative dedicated to supporting women entrepreneurs through funding, training, and mentorship, transcending traditional business paradigms to foster meaningful societal...
Visa, a global leader in digital payments, has announced a significant collaboration with Egyptian Banks Co. for Technological Advancements (EBC), facilitated by the Central Bank of Egypt (CBE). This strategic partnership aims to revolutionize the landscape of instant payments and streamline the reception of international remittances from Egyptian expatriates. The Memorandum of Understanding (MoU) signed...