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Visa Debuts Tools to Keep Fraud Out of Virtual Commercial Card Payments

By PYMNTS

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AI summary of the source article

Visa has introduced Visa Commercial Fraud Solutions, a new set of capabilities designed to protect commercial virtual card payments and bring trust and control to business transactions.

Why it matters

The new capabilities are explicitly "designed to bring 'trust and control' to business payments" and keep commercial virtual card payments safer.

Key facts

  • Visa introduced new capabilities called Visa Commercial Fraud Solutions to make commercial virtual card payments safer.
  • The solutions are intended to bring "trust and control" to business payments.
  • The announcement was made in a news release on Wednesday (Oct. 21).

Source excerpt · PYMNTS

Visa has introduced new capabilities designed to keep commercial virtual card payments safer. Visa Commercial Fraud Solutions are part of a series of new capabilities designed to bring “trust and control” to business payments, Visa said in a Wednesday (Oct. 21) news release. “Businesses are moving quickly to automate the work around payments, from identifying supplier opportunities […] The post Vi…