Visa Expands Push-to-Wallet Capabilities for Virtual Cards Across Commerce Solutions
Visa announced new virtual card wallet capabilities, allowing businesses to issue and send virtual cards seamlessly across wallet ecosystems such as Apple Pay and Google Pay.
These enhancements are designed to provide businesses with stronger controls and improved efficiency, enabling accurate spending limits, transaction monitoring, and reduced risk of fraud or unauthorized spending.
As one of the first in the industry to adopt virtual push-to-wallet technology, Visa is addressing the growing demand for a digital, consumer-like payment experience in the B2B sector.
Virtual cards offer businesses significant benefits, including improved efficiency through automated payment processes, streamlined administration, and improved financial management by speeding up payment cycles and improving financial visibility.
“These new capabilities underscore Visa’s commitment to innovating the B2B payment ecosystem, ensuring businesses have access to secure and efficient payment solutions,” said Gloria Colgan, SVP and Global Head of Product for Visa Commercial Solutions. “By enabling push-to-wallet on physical cards across all of our commercial products, we’re making it easier for our customers to manage their finances in the digital environment.”
Visa’s advanced virtual card solutions are designed to help businesses of all sizes manage their finances with control and business security, supporting improved cash flow and financial planning.
As adoption of virtual cards accelerates, Visa continues to innovate, delivering tools that allow businesses to thrive in today’s fast-paced digital economy.
