Visa and Stripe expand partnership to include B2B payments

This is an extension of the partnership that the two entities formed in late 2018 to enable real-time push payments.

The new solutions will be on the Visa Payables Automation platform, which allows buyers to enrol, manage, and pay suppliers digitally with a Visa commercial card.

This new feature, which is powered by Stripe Connect, enables buyers on Visa Payables Automation to pay suppliers who are unable to accept digital payments, using a virtual Visa card.

This helps bring suppliers who are not plugged into the traditional banking infrastructure into the digital economy.

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