Merchants, heads up: new rules for the Commercial Enhanced Data Program (CEDP) could raise costs. Submit accurate data to keep Visa's discounted fees. Read the full story here and follow us for more payment industry news: https://lnkd.in/gBRpad2Z

For governments today, #efficiency is more than a fiscal imperative. It's a call to increase the impact and accountability of public resources by reimagining how government works — and digital solutions are helping to make it possible. A new report from Visa shows how digital payment capabilities can be a key accelerator for government efficiency efforts — offering ways to simplify workflows, enhance services, and unlock potential cost savings through: ➡️Prompt and simple collection of taxes and fees ➡️Efficient and transparent public spending ➡️ Convenient digital payouts of government benefits Highlighting stories of government innovation from around the world, this report demonstrates how connected payment systems, user-friendly processes and emerging technologies can play a central role in driving government efficiency.   https://lnkd.in/ebjRNq4i #Government #DigitalTransformation #Payments #Visa #VGS

Government's have never been more focused on making savings and driving efficiencies. Here we describe a number of opportunities to realize efficiencies with real case studies from Governments around the world through digital transformation with payments. #governmentefficiency; #Visa; #digitaltransformation; #governmentSavings; #procurement; #welfarepayments

Visa: The Past, Present, and Future of Cross-Border Money Movement Visa’s forward-looking piece highlights how digital platforms and user experience improvements are central to the next wave of B2B payments. It's interesting to see how these changes are influencing efficiency for multinational teams and partners. #GlobalPayments #Commerce 🔗 https://lnkd.in/epzzga99

The resilience of our systems and services is critical to the UK economy – ensuring £37bn of payments flows every day for the people and businesses that rely on them.   We’re partnering with Form3 and Visa to develop innovative ways to continue to protect the integrity of UK payments through emerging technology and remain at the forefront of contingency planning and operational resilience.    Find out more about our payment systems here: https://lnkd.in/eXS5ezTx David Morris Mike Walters Mark Wilcocks #PayUK #Form3 #Visa

Proud to announce Form3's collaboration with Pay.UK and Visa on a proof of concept to explore new ways of strengthening the UK's payments infrastructure.

Operational resilience is the foundation of Visa's payment systems - delivering the Trust expected and demanded by payers, payees and all of our stakeholders. We're proud to be partnering with Pay.UK on their important proof of concept - using Visa's expertise and technologies to deliver seamless and secure payment experiences.

Outdated commercial payments cost business owners time and money, from manual invoices and chasing receipts to endless reconciliations that drain resources and slow down decision-making.   At Mastercard, we’re helping reimagine commercial payments as a catalyst for business growth. With technologies like virtual cards and automation, we’re aiming to restore time for businesses to focus on their growth and innovation.   Learn more from Darrell MacMullin, our SVP of Commercial and Money Transfer Solutions, on how we’re shaping the future of commercial payments in the below video and an article in The Globe and Mail linked in the comments.

"Zero mistakes can't be a long-term aspiration. It has to be a daily metric." Current CTO and co-founder Trevor Marshall joined Judy Jensen from Visa Issuing Solutions to discuss the importance of providing members lifetime value with PYMNTS CEO Karen Webster. Read (and watch the recorded interview!) as they discuss the importance of reliability in a platform, the importance of owing your own infrastructure, the importance of data to anticipate member needs and more that all add up to long-term member retention and product innovation. https://lnkd.in/emu8hsF9

🇬🇧 Are interim measures dead? Five days ago, the UK payments regulator adopted a decision that barely made the headlines — yet, beyond giving Visa and Mastercard a quiet victory, it sends a clear message to companies and regulators alike, not just in the UK but across Europe. ☠️ Interim measures are dead. The regulator’s U-turn on the interchange fee cap shows how difficult these measures are to impose — and how little regulatory or political will there is to use them. But the reasoning behind the decision is, frankly, bizarre. That said, I can’t really blame the regulator. Facing a long, expensive legal battle while the agency itself is being dissolved is hardly a winning strategy. The real issue, though, is what this signals to others — especially Big Tech. If interim measures are no longer part of the toolbox, and regulators keep avoiding tools that target economic incentives, we’ll continue to see more investigations… with very little actual impact. On the bright side (if you are an investor): - Visa and Mastercard enjoy a 100% gross profit margin (not, I didn't make a mistake) - They are adapting to the rise of stablecoins and AI-powered agentic commerce - Analysts are bullish (they report 3Q earnings in a few days)