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Posted 29/04/2024 10:22am

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Visa joins the cloud,
AWS partnership announced,
Fintech's future found.

In partnership with
Salesforce ThinkNewsBrands

Visa joins AWS Partner Network to streamline cloud-based financial services

Visa has announced its partnership with the AWS Partner Network (APN) to streamline access to select services for its cloud-native fintech, financial institution, and enterprise clients. The company will make select payment services available in the AWS Marketplace, which boasts over 300,000 global customers and thousands of software listings.

One of the first services to be made available is Visa Cross-Border Solutions, which assists in streamlining the process of sending and receiving money globally and holding multiple currencies.

Global Head of Innovation and Digital Partnerships at Visa, Vanessa Colella, said: “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.” She added, “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.”

Visa plans to bring more of its products to clients operating in the cloud through AWS. Companies wanting to process payments through AWS on VisaNet, Visa’s global processing network, can already establish secure AWS private link connectivity with Visa Cloud Connect.

Visa is now part of AWS Activate, AWS’s flagship startup program. Fintech clients enrolled in the Visa Fintech Fast Track program, and verified by AWS as eligible, can receive up to $100,000 in AWS Activate credits.

VP and Global Head of Startups at AWS, Howard Wright, said: “We are excited to support the expansion of digital payments, banking, and embedded finance capabilities to enterprises and fintech startups building their applications on AWS,” and added, “We are looking forward to working with Visa to help make financial apps in the cloud more accessible, faster, secure, and easier to use.”

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