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Visa Inc. (V) operates the world's largest retail electronic payments network, connecting financial institutions, merchants, and consumers across 200+ countries. This news hub provides investors with essential updates on transaction volume trends, strategic partnerships, and technological advancements in digital payments.
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Key updates cover cross-border payment innovations, merchant network growth, and collaborations shaping the future of digital commerce. Bookmark this page for centralized access to critical information about Visa's network security enhancements, financial partnerships, and global payment infrastructure developments.
Visa (V) has announced the general availability of Visa AR Manager in the United States, a product designed to automate virtual card transaction processes for suppliers. The solution streamlines operations by automatically retrieving card details, handling authorization and clearing steps, and providing reconciliation data for ERP systems.
Key features include simplified supplier onboarding, automatic card account retrieval through batch file integration or email parsing, automated authorization and clearing processes with major US acquirer processors, and efficient invoice reconciliation capabilities. An API solution is planned for future release.