Visa has joined the AWS Partner Network (APN) to streamline access to Visa’s payment services for cloud-native fintechs, enterprises and financial institutions.
Visa’s presence in the APN, a global community that leverages AWS technologies, will help enable its partners and clients, including cloud-native fintechs, to access and integrate select Visa services more efficiently.
By making its services available in AWS, Visa’s clients will be able to integrate software like Visa Cross-Border Solutions without the need to step out of their established platforms. The solution will assist in streamlining the process of sending and receiving money globally and holding multiple currencies.
In the announcement, Visa also shared its plans to bring more of its products to clients operating on the cloud through AWS. Companies wanting to process payments through AWS on VisaNet, Visa’s global processing network, can already establish secure AWS Privatelink connectivity with Visa Cloud Connect.
The partnership promises to help accelerate service deployment and customer adoption and contribute to lowering costs associated with local data centers.
“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,” said Vanessa Colella, global head of innovation and digital partnerships at Visa.
“[…] This is a step further in our broader commitment to reduce challenges for financial institutions and enterprises.”
Merusha Naidu, global head of partnerships at Paymentology, also commented: “As a cloud-native card issuer and processor […], we believe the enablement of Visa services through AWS is a game changer.
“This partnership paves the way for enhanced digital payment solutions, providing startups with the tools they need to innovate and thrive in today’s fast-paced landscape.”
Additionally, Visa has joined AWS Activate, offering $100,000 in AWS credits for enrolled and eligible fintech clients to jumpstart growth and reduce time-to-market.
“We are excited to support the expansion of digital payments, banking and embedded finance capabilities to enterprises and fintech start-ups building their applications on AWS,” shared Howard Wright, VP and global head of start-ups 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,” he added.
This week, AWS has also shared a range of updates at the AWS Summit London, including on Amazon Bedrock, AWS’ GenAI foundational model and application build service.
