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Visa expands its presence in Latin America and the Carribean

Dec 05, 2019

Visa invests in the banking platform to support the accelerated clients’ and partners’ decision-making

Visa and NovoPayment

Visa expands its presence in Latin America and the Carribean. Source: flickr.com

Visa announced the expansion of partnership with NovoPayment, a Banking-as-a-Service platform. It aims to enable financial institutions and merchants to deploy Visa’s digital solutions in Latin America and the Caribbean.

Over the last two years, Visa and NovoPayment managed to enable apps with multi-functional capabilities for issuers, merchants and acquirers. What is more, they accelerated the deployment of Visa Direct, Visa’s real-time payments solution, and Visa Token Services for various use cases including payouts and peer-to-peer payments.

NovoPayment provides accelerated time-to-market in the adoption of key Visa solutions through its modular API delivery model and footprint in 12 markets across the Americas.

At Visa we continue to work with platform partners to accelerate the integration of new fintech players interested in launching Visa technologies like Visa Token Service, Visa Direct, Virtual Cards and many others. NovoPayment will be a key partner for our Fintech Fast Track program, helping speed-up the time it takes for these new players to start working with Visa, and most importantly accelerate the time-to-market of their solutions
Arnoldo Reyes, Vice President of Digital Partnerships, Fintech & Ventures for Visa Latin America and the Caribbean 

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