Visa B2B Connect – Global payments through a single connection

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.

Enhanced customer experience

Finality

Irrevocable payments delivered in full value to the beneficiary bank every time

Predictability

Know exactly when the funds will be delivered

Transparency

Clarity and certainty when it comes to fees and FX rates

Reduced cost

One connection

A single connection to a global network with no intermediary fees

Ready for use

Different options for implementation can mean reduced upfront infrastructure investment

Optimisation

Efficiently manage liquidity and reduce dependency on correspondent relationships, which can reduce operational overheads

Security and efficiency

Layered safety

The network is made up of known participants for enhanced payment security

Protection

Visa B2B Connect’s digital identity feature tokenises an organisation’s sensitive business information giving them a unique identifier

Rich data

Direct messaging within the network facilitates efficient case resolution

Innovation and optionality

Complementary

You can choose to complement your other payment services with Visa B2B Connect

Choice

You have the options to use your own or Visa’s FX rates for foreign currency payments

Note: Benefits applicable to transactions between Visa B2B Connect participants. Transactions to banks outside of the network are also available.

How Visa B2B Connect works

Diagram uses icons in Visa gold and blue colors to illustrate a more efficient cross-border payment transaction. See image description.

Diagramme uses icons in Visa gold and blue colours to illustrate a more efficient cross-border payment transaction.

The graphic shows a streamlined transaction of how Business A would send a payment to Business B. The transaction begins with Business A on the left, passes through its bank, Bank A, located immediately to its right, and then through the Visa B2B Connect network to Business B’s bank, Bank B on the right, and finally to Business B.

Business A is represented with a corporate building icon. Business A connects to the icon of Bank A immediately to its right with an arrow, indicating the flow of payment. Bank A icon is located along the far left edge of a circle that represents the reach of the Visa B2B Connect network. Inside this circle is a symbol for Visa B2B Connect. At the far right side of the circle, there is an icon for Bank B, indicating Bank A and Bank B are both part of the Visa B2B Connect network. The transaction from Bank A to Bank B flows through the Visa B2B Connect network. Bank B then connects directly to Business B on its immediate right side with another arrow, indicating how the payment will ultimately reach Business B, represented with a corporate building icon, after travelling directly between the two banks across the Visa B2B Connect network.

Lock symbols, located to the right of Business A and to the left of Business B, indicate that the Visa B2B Connect network is secure, its digital identity feature tokenising Business A and Business B’s sensitive information.

Global payments through a single connection

Visa B2B Connect is an innovative multilateral payment network, offering you an alternative cross-border solution that can address the unpredictability associated with the current correspondent banking processes.

Building on Visa's reputation and expertise, Visa B2B Connect provides optimised liquidity and the ability to rationalise correspondent relationships.

Get connected

To learn more about Visa B2B Connect and how it can benefit your financial institution and your corporate clients, contact one of our Account Executives.