Visa and Western Union have formed a new agreement centered on cross-border payments. The expanded partnership, announced Tuesday (March 5), lets Western Union customers send money to loved ones, Visa cards and bank accounts in 40 countries. According to a Visa news release, the collaboration covers card issuance, Western Union’s...
Visa, in partnership with PYMNTS Intelligence, has launched a new benchmarking tool for middle-market CFOs to evaluate their working capital efficiency compared to industry peers. This tool, featuring a calculator and interactive report, is based on a study released by Visa and PYMNTS Intelligence in...
“If you cannot measure it, you cannot improve it,” British mathematician and scientist Lord Kelvin said long ago. The 19th-century statement is especially relevant for corporate executives in 2024 — particularly when it comes to working capital. At a high level, working capital is defined...
Access to working capital enables all types of companies to avoid operational disturbances in the short term and to power growth for the long term. In Europe, 79% of Growth Corporates accessed working capital solutions in the last year. This was the second-highest usage rate...
Four years. 1,460 days. For payments — and for commerce in general — 2020 to 2024 brought a whirlwind of change, a re-imagining of the day-to-day interactions between merchants and consumers. Through the past four years, the joint research between Visa Acceptance and PYMNTS Intelligence...
Click-and-Mortar™ experiences — where consumers use convenient digital features alongside in-store shopping — are changing retail in the United States. Consumers are beginning to adopt these habits and favor merchants that support seamless transitions between digital and in-store experiences. Despite U.S. merchants’ penchant for offering...
Online and in-store shopping need not be separate, according to the consumer experience transforming the retail landscape: Click-and-Mortar™ shopping. Shoppers with a Click-and-Mortar™ approach use both digital tools and physical locations, as the name implies. These consumers just want easy shopping experiences. Convenience and consistency...
Visa’s fiscal first quarter results pointed to continued growth in consumer spending — particularly on travel — though growth rates are slowing. Management, however, noted that growth rates in new payments flows and value-added services are outpacing the transaction growth seen in credit and debit...
Access to working capital enables companies of all types to avoid operational disturbances in the short term and power growth for the long term. Use of these solutions is skyrocketing among Growth Corporates in the fleet and mobility industry. Two-thirds of Growth Corporates in the...