Visa B2B Connect is a non-card-based payment network that enables seamless bank-to-bank cross-border business transactions.
Streamlined cross-border payments
Give your customers a better international business transaction experience with an innovative network that enables participating financial institutions and their business customers to make global B2B payments that are streamlined, secure, and predictable.
Enhanced customer experience
Irrevocable payments delivered in full value to the beneficiary bank every time
Know exactly when the funds will be delivered
Clarity and certainty when it comes to fees and FX rates
A single connection to a global network with no intermediary fees
Ready for use
Different options for implementation can mean reduced upfront infrastructure investment
Efficiently manage liquidity and reduce dependency on correspondent relationships, which can reduce operational overheads
Security and efficiency
The network is made up of known participants for enhanced payment security
Visa B2B Connect’s digital identity feature tokenises an organisation’s sensitive business information giving them a unique identifier
Direct messaging within the network facilitates efficient case resolution
Innovation and optionality
You can choose to complement your other payment services with Visa B2B Connect
You have the options to use your own or Visa’s FX rates for foreign currency payments
Note: Benefits applicable to transactions between Visa B2B Connect participants. Transactions to banks outside of the network are also available.
Reliable, innovative technology
Predictability and real-time visibility
Improve real-time visibility into the status of transaction by reducing multiple handoffs in the payment chain.
Transparency and Finality of Payment
Transparent network information with finality of settlement.
Consistency of transaction data
Consistent data enables seamless transaction experience for financial institutions and their business customers with simplified reconciliation.
Unique digital identities tokenize sensitive business data and reduce opportunity for fraud.
Visa B2B Connect is able to work with and alongside legacy systems.
Streamlines and transforms the payment path by offering a one-to-many global access, peer to peer exchange of value, and multilateral netting of large-value payments.
To learn more about Visa B2B Connect and how it can benefit your financial institution and your corporate clients, contact one of our Account Executives.