SunTec, a global revenue management and business assurance solutions provider, revealed that Visa Europe will use its new Xelerate Card Services, Finextra reported. Xelerate aims to help Visa Europe trace a peak volume of 100 million transactions each day, while also helping to manage the billing system for all member banks and approved non-members of Visa Europe.
Visa Europe, which operates in 36 countries across the region, will also deploy the suite to help facilitate real-time billing and complex negotiated pricing, build risk management strategies and more.
“Handling large volumes of transactions is our core competency and it is an honor to provide end-to-end revenue management services for Visa Europe, a transaction-oriented business,” said Nanda Kumar, president and CEO of SunTec Business Solutions to Finextra.
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