Visa Joins AWS Partner Network to Help Simplify Global Digital Payments
Visa, a world
leader in global digital payments, announced today it has joined the AWS
Partner Network (APN), a global community that leverages AWS technologies,
programs, expertise, and tools to build solutions and services for customers.
Visa’s presence in the APN will help enable its partners and clients, including
cloud-native fintechs, to access and integrate select Visa services more
efficiently.
Global Payments Simplified
Visa is committed
to making transactions faster, easier and more secure for all players in the
payments ecosystem. Visa will make select payment services available in
the AWS Marketplace, which has more than 300,000 global customers
and thousands of software listings.
By making its
services available in AWS, Visa is meeting its clients where they are. One of
the first services to be available is Visa Cross-Border Solutions, which assists in streamlining the
process of sending and receiving money globally and holding multiple
currencies. This strategic positioning will allow Visa’s clients to integrate
solutions like Visa Cross-Border Solutions into their business operations -
eliminating the need for them to step out of their established platforms.
“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,” said Vanessa
Colella, Global Head of Innovation and Digital Partnerships, Visa. “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.”
Cloud-Based Connectivity
Through AWS, Visa
plans to bring more of its products to clients operating in the cloud.
Companies wanting to process payments through AWS on VisaNet, Visa’s global processing network, can already establish
secure AWS Privatelink connectivity with Visa Cloud Connect.
Cloud-native
fintechs, financial institutions, and enterprises have found using cloud
services can help accelerate service deployment and customer adoption. It can
also contribute to lowering costs associated with local data centers,
implementing specialized hardware like physical routers, and payment hardware
security modules (HSMs).
“As a cloud-native
card issuer and processor, and one of the first issuer processors in Europe to
connect to the Visa Cloud Connect endpoint in the EU, we believe the enablement
of Visa services through AWS is a gamechanger,” said Merusha Naidu, Global Head
of Partnerships, Paymentology. “This partnership paves the way for enhanced
digital payment solutions, providing startups with the tools they need to
innovate and thrive in today's fast-paced landscape.”
Empowering Startups with Fintech Solutions
Visa is also proud
to announce that it is now part of AWS Activate, AWS’s flagship startup program. Fintech clients
enrolled in the Visa Fintech Fast Track 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.
"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,” said Howard Wright, VP and Global Head of Startups at
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.”
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