Leading provider of digital payments globally, Visa Inc., has announced that it would be working with the AWS Partner Network (APN) to make it easier for customers, including enterprises, financial institutions, and cloud-native fintech, to use its payment services.
Vanessa Colella, Global Head of Innovation and Digital Partnerships, at Visa, confirmed the development in a media release on Friday.
With Visa, its clients and partners—including fintechs that are cloud-native—will be able to access and integrate certain Visa services more effectively.
The news comes two days after Visa announced it was working with Standard Chartered to facilitate cross-border B2B payments for the bank’s corporate clients.
Newsng gathered that Visa intends to use its new connection to AWS to offer more of its goods to clients who operate in the cloud, in addition to the cross-border solution.
Additionally, Visa reports that it is now a part of AWS Activate, the company’s flagship startup programme, which enables customers to get up to $100,000 in AWS Activate if they are enrolled in the Visa Fintech Fast Track programme and have been approved by AWS.
“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, 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.”
Confirming the partnership, Colella said: “Visa is dedicated to better serving our clients in cloud environments. That 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.” We earlier reported that FPT revealed intentions to build an artificial intelligence (AI) plant with Nvidia for $200 million.
