Visa this week announced the Visa Ready Program for Business Solutions, a strategic framework to help ensure that tech companies integrating with Visa's B2B payment services and data solutions meet the company's standards and are market ready.
The program lets Visa's tech partners quickly integrate and approve various Visa B2B payments solutions, including enhanced data, virtual card integration, payables automation, and payment controls. It lets partners quickly introduce devices, software and solutions that can initiate or accept Visa payments. Participants get access to Visa's tools and services, including the Visa Developer Platform, to help support development of innovative commercial payment solutions.
Initial Partners
Partners approved by the program may use the Visa Ready mark on their websites and marketing collateral, and are highlighted in the Visa Ready Solution Directory. The idea appears to be to build an ecosystem of partners that enable online B2B commerce and, not coincidentally, drive business for Visa The first partners to get approval are Bora Payment Systems, Bottomline Technologies, CSI GlobalVCard, MineralTree, and Priority Payment Systems' Priority Commercial Payments. Bora's Buyer-Initiated Payments architecture is integrated with Visa Supplier-Initiated Payment APIs to deliver faster, more automated and more streamlined corporate payments;
Bottomline's Paymode-X payment network is interacted with Vis Payable Solutions commercial...
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