SAN FRANCISCO (dpa-AFX) - Digital payments firm Visa, Inc. (V) announced
Monday extended digital wallet capabilities within Visa Commercial Pay, a suite
of B2B payment solutions built in partnership with Conferma Pay, to
revolutionize how businesses manage transactions globally.

The innovation enables financial institutions to add virtual corporate cards
into an employees' digital wallet - including third-party wallets such as Apple
Pay and Google Pay - to enhance convenience, security and flexibility for
corporate users.

Visa Commercial Pay includes virtual card B2B payment solutions developed to
improve cashflow for businesses and reduce outdated manual processes.

The new and improved Visa Commercial Pay Mobile will provide a commercial token
account with configured payment controls allowing for an efficient payment
experience across both Point of Sale and CNP payment methods.

The transformative approach utilizes advanced tokenization technology to
minimize the risk of fraud and provide a secure payment environment, while
enabling businesses to initiate transactions seamlessly, enhancing overall
financial agility.

Regions Bank will be the first Visa collaborator to roll out the enhanced
digital wallet capability for its Treasury Management customers.

Following its successful launch in the Asia-Pacific, Europe, Middle East &
Africa and North America regions, Visa Commercial Pay will be available for
customers in Latin American & Caribbean later in 2024.



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