Cross-border B2B payment network using distributed ledger technology.
Visa B2B Connect removes friction and time spent on cross-border corporate transactions by facilitating transactions directly from the bank of origin to the beneficiary bank. The network's unique digital identity feature tokenizes an organization's sensitive business information, such as banking details and account numbers, giving them a unique identifier for transactions.
Built on Visa's core payments experience with distributed ledger technology, Visa B2B Connect provides direct settlements of large-value transactions, helping financial institutions and their clients overcome costly processes and geographic barriers. It delivers a centralized network with robust streamlined data, account data tokenized on a closed permissioned network, and a range of application and implementation options for clients.
