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Visa Commercial Pay Launches For Virtual Cards, Digitized B2B Payments

November 23, 2020

Visa and Conferma Pay said Monday (Nov. 23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes.

The result, according to the firms: simplified money movement between buyers and suppliers and automated payment processing and expense reconciliation.