Visa enhances global payments for 300,000 AWS marketplace customers

  • Visa has joined the AWS Partner Network (APN) to leverage Amazon Web Services technologies in expanding the global accessibility of its payment solutions, including the launch of Visa Cross-Border Solutions in the AWS marketplace.
  • Visa integration into the AWS marketplace is designed to serve over 300,000 customers globally, offering specialised payment services that aid businesses in managing multi-currency transactions more effectively.
  • Furthermore, Visa collaborates with AWS Activate to provide up to $100,000 in credits through its Fast Track Fintech program, boosting the development and scalability of fintech and crypto startups.

Visa, a global payment provider, has announced its integration with the AWS Partner Network (APN), a community that uses Amazon Web Services (AWS) technologies to develop diverse solutions for clients.

Strategic integration

The primary aim of this partnership is to utilise AWS’s extensive platform and vast customer base to expedite and enhance the global reach of Visa’s payment solutions.

Through this collaboration, Visa is set to offer select payment services through the AWS marketplace, which caters to over 300,000 customers worldwide and features thousands of software listings.

The first service available will be Visa Cross-Border Solutions, aimed at helping business manage global transactions and handle multiple currencies more effectively.

Vanessa Colella, Visa global head of innovation and digital partnerships, stated: “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.”

Also read: What is open banking? A short guide

Boost startup growth

Additionally, Visa has partnered with AWS Activate, an initiative that provides entrepreneurs with the tools they need to start utilising AWS.

Visa’s Fast Track Fintech program, designed to help fintech and crypto companies launch new payment solutions, now enables clients to receive up to $100,000 in AWS Activate credits, significantly enhancing their ability to rapidly develop and scale their solutions.

Also read: Thunes and Visa extend digital wallet partnership to Asia and Africa

About APN

The AWS Partner Network (APN) is a worldwide community that utilises AWS technologies, programs, expertise, and tools to create solutions and services for customers.

The APN comprises over 130,000 partners from more than 200 countries, with 70% based outside of the United States.

Amazon Web Services (AWS) is a cloud computing platform offered by Amazon that provides a variety of scalable computing resources over the internet. It offers services such as computing power, storage, and databases, along with newer technologies like machine learning and Internet of Things (IoT).

Sylvia-Shen

Sylvia Shen

Sylvia Shen, a news reporter at BTW media dedicated in Fintech and Blockchain. She graduated from University of California, Davis. Send tips to s.shen@btw.media.

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