Visa is expanding its commercial payments platform, the VCS Hub, to issuers and fintechs globally after a successful pilot. This end-to-end payables solution simplifies invoice and supplier payments, offering flexible transactions and seamless integration with accounting systems. By streamlining workflows, businesses can manage payments more efficiently and securely. The platform will evolve with features like AI-driven automation, embedded payment functions, and advanced analytics, enhancing cash flow visibility and personalizing user experiences. With an aim to consolidate fragmented systems, Visa invites new issuers and fintechs to discover how the hub can meet their payment needs. Gloria Colgan, SVP and Global Head of Product at Visa, emphasized the hub’s revolutionizing impact on commercial payments, stating that it empowers partners to unlock revenue streams and innovate future money movement. Sign up for our free newsletter to stay updated on the latest Fintech news in Singapore!
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