Payments giant Visa announced that it has joined the AWS Partner Network (APN) to improve global digital payment solutions.
This partnership enables easier integration of select Visa services for its partners and clients, including cloud-native fintech companies, through AWS technologies.
Visa aims to make digital transactions quicker, simpler, and more secure by offering specific payment services on the AWS Marketplace, which reaches over 300,000 global customers.
Among the initial offerings is Visa Cross-Border Solutions, designed to simplify global transactions and currency management for businesses.
This collaboration marks a major move for Visa to support its clients within the cloud, offering secure connections through AWS Privatelink to VisaNet, Visa’s extensive processing network.
Furthermore, Visa has joined AWS Activate, a programme supporting startups with resources to accelerate their development.
Visa has further enhanced its support for fintech companies through the Visa Fintech Fast Track programme.
Fintech clients enrolled in this program and verified by AWS as eligible can receive up to $100,000 in AWS Activate credits to help jumpstart their growth and reduce their time to market.
Many startups running on AWS have already seen substantial benefits from Visa programmes like Visa Ready and Fintech Fast Track, bolstering their development and operational capabilities.
“Visa is dedicated to better serving our clients in cloud environments, which is why we’re excited to bring Visa Cross-Border Solutions to the AWS Marketplace.
We aim to make our solutions readily accessible and available for customers to easily integrate across diverse platforms. This is a step further in our broader commitment to reduce challenges for financial institutions and enterprises.”
said Vanessa Colella, Global Head of Innovation and Digital Partnerships, Visa.
“We are excited to support the expansion of digital payments, banking, and embedded finance capabilities to enterprises and fintech startups building their applications on AWS.
We are looking forward to working with Visa to help make financial apps in the cloud more accessible, faster, secure, and easier to use.”
said Howard Wright, VP and Global Head of Startups at AWS.
