Payment solutions provider QorPay has integrated “open, network-agnostic ecosystem” Cybersource from Visa Acceptance Solutions.
Acceptance Solutions provides “modular payment services”, which can be integrated with an app store for vendors.
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This collaboration is said to boost security for businesses in North America.
The integration incorporates Visa Platform Connect (VPC) and other Visa value-added services into QorPay’s payment ecosystem.
By leveraging Visa’s technology, QorPay enable clients to simplify transactions, mitigate fraud risks, orchestrate data, and optimise expense management through a unified dashboard.
The solution is currently operational in the North American market.
QorPay executive board member Ken Paull said: “We are excited to collaborate with Cybersource to bring the next-generation of payments to our customers. By integrating with Visa’s value-added services, we can empower businesses with a more secure, flexible, and efficient way to manage payments, reinforcing our commitment to innovation in the fintech space.”
“Teaming up with QorPay is an exciting step for us, as we tap into Visa’s Acceptance Solutions suite to boost efficiency and security for businesses everywhere,” said Bill Serino, Senior Vice President and Head of Visa Value-Added Services in North America. “By integrating Visa Platform Connect, QorPay will enhance their services and provide merchants with a streamlined and safer payment experience.”
Recently, Visa also made headlines for its partnership with Worldpay to launch the Click to Pay feature to merchants in the UK.
