Visa to launch new commercial payments ecosystem

Visa (NYSE:V) said it will launch a new commercial payments ecosystem, the Visa Commercial Solutions Hub.
The initiative will help provide financial institutions and businesses efficient access to a wide range of commercial payment solutions, which will make it easier for them to manage their commercial payments.
The hub will be an integrated platform and will provide a more modern, personalized and consistent experience for users to help navigate key payment-related tasks.
The VCS Hub will move into an initial pilot phase this month, and will focus on an enhanced and expanded B2B Payables experience.

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