📱 Visa expands push-to-wallet functionality for virtual cards

📱 Visa expands push-to-wallet functionality for virtual cards

The more cards you can add to a wallet, the better. Thanks to this improvement, Visa virtual cardholders can now seamlessly integrate them into ecosystems like Apple Pay and Google Pay.

▶️ Why choose virtual cards❓ — Virtual cards bring substantial operational efficiency improvements by automating and accelerating payments, while also reducing the administrative burden associated with traditional methods. They’re particularly valuable for B2B transactions.

▶️ Advantages of Visa: These cards allow for spending limits and monitoring of unauthorized expenditures to help prevent fraud.

▶️ Key data: According to Juniper Research, by 2027, the global transaction volume with virtual cards is expected to reach $121 billion USD, a 340% increase from $28 billion in 2022. In the United States🇺🇸 and Canada🇨🇦, medium-sized companies have already increased their use of virtual cards by 54%, choosing them over more traditional working capital methods.

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