Visa B2B Connect

Visa B2B Connect is a multilateral payment network, offering an alternative cross-border solution that is designed to address the unpredictability associated with the current correspondent banking processes. Building on Visa's reputation and expertise, Visa B2B Connect provides what the vendor describes as optimized liquidity and the ability to rationalize correspondent relationships.

The vendor's value proposition is that Visa B2B Connect's multilateral network delivers B2B cross-border payments that are predictable, secure and cost-effective for financial institutions and their corporate clients, boasting payments with finality, predictability, and transparency. Also, A single connection to a global network with no intermediary fees and different options for implementation can mean reduced upfront infrastructure investment, and lower overall costs. And the user has the option to use one's own or Visa’s FX rates for foreign currency payments.