Visa launches blockchain solution to speed up cross-border transactions

Visa launches blockchain solution to speed up cross-border transactions

Visa has launched its Visa B2B Connect network, a product developed alongside blockchain startup Chain. Visa B2B Connect will serve businesses seeking to make payments to 30 markets with 90 more corridors expected to be covered. Visa explained that with this solution, financial institutions could see payment fees upfront and transactions will settle quicker, in one to two days.

Timothy
Timothy
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