Digital payments provider Visa Inc (NYSE:V) announced new capabilities that enable frictionless, provisioned virtual card push-to-wallet experiences.
Users can now seamlessly push virtual cards to mobile wallet ecosystems including Apple Pay and Google Pay, with control and security that allows for precise spending limits and monitoring of transactions, thereby minimizing the risk of fraud and unauthorized expenditures.
“These new capabilities underscore Visa’s commitment to innovating the B2B payment landscape, ensuring that businesses have access to secure and efficient payment solutions,” said Gloria Colgan, SVP and Global Head of Product for Visa Commercial Solutions. “By enabling push-to-wallet for virtual cards across our commercial products, we are making it easier for our clients to manage their finances in a digitally native environment.”
These advancements empower businesses to operate efficiently and securely in today’s fast-paced digital economy. Visa’s sophisticated virtual card capabilities enable businesses of all sizes to utilize enterprise-grade payment solutions for better control, security and financial management.
As the use of virtual cards continues to accelerate, Visa remains committed to driving innovation and providing tools that help businesses navigate and thrive in the evolving financial landscape.