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Visa announces Fintech Fast-Track Programme in CEMEA region

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Visa has announced it is expanding its Financial Technologies (Fintech) Fast-Track Programme in the Central and Eastern Europe, Middle East and Africa (CEMEA) region as part of its efforts in developing the next generation of digital payment solutions.

Already rolled out in Europe, Latin America and Asia Pacific, the programme provides innovative Fintechs with a faster and easier integration process with VisaNet, Visa’s global network, in addition to a suite of tailored digital solutions and growth capabilities.

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“With the Visa Fast-Track programme, Fintechs based in CEMEA can now on board to Visa’s global network in as little as four weeks.

“The programme has been tailored to the needs of fintechs, adapting to their realities and providing them with processes that are faster, which include reducing the number of on boarding conditions.

“The programme also links Fintechs to platforms that are already certified by Visa and connects Fintechs to sponsoring banks, providing Fintechs with scaling opportunities through Visa’s global network,” a statement from the company stated.

And Mr Andrew Torre, Regional President, CEMEA, Visa, said: “The payments ecosystem is evolving at an unprecedented pace with some of the most exciting innovations coming from our region. We are actively engaged with passionate, entrepreneurial communities to understand where synergies exist in order to foster and bring new experiences to life in a secure and scalable manner in our pursuit of a digital future. Our aim is to connect new players and ideas with our network partners, so that we can deliver intuitive and relevant payment, banking and retail experiences to customers and merchants.”

The Fintech Fast-Track programme provides a new commercial framework that includes access to Visa’s payment capabilities, reduced fees and streamlined processes.

After  successful launches in Europe, Latin America and Asia Pacific in the second half of 2018, the programme is now available to fintechs in CEMEA.

The post Visa announces Fintech Fast-Track Programme in CEMEA region appeared first on Tribune Online.

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