Visa Debuts BTB Payment Service

Share this article:
Visa U.S.A. has announced a new non-card-based electronic payment and information management service designed to eliminate the use of paper checks for business-to-business clients. The service, Visa Commerce, is expected to simplify the procurement process for clients.


The card issuer said Visa Commerce lets the buyer determine when to initiate electronic payment, defer settlement of the payment on pre-established terms with suppliers and transact the type of BTB payments in any amount up to $10 million per transaction.


Visa Commerce consists of a member-branded payment account, an optional Web-based user interface and a secure technology platform.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Opinions

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Opinions

App of the Week: Life Organizer

App of the Week: Life Organizer

Life Organizer aims to help users be as productive as possible.

Marketing GloBALLization

Marketing GloBALLization

The Yankees aren't the only team searching for talent overseas.

The Best Birthdays Are Multichannel

The Best Birthdays Are Multichannel

The "best" birthday greetings aren't always the ones with the biggest deals.