ET 16:59

Visa (V) Taps Fintechs Like PingPong for B2B Payments to Non-Card-Accepting Suppliers

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Visa Inc. (V) is partnering with cross-border fintechs such as PingPong to enable its business customers to pay suppliers that do not accept credit cards, the company said on May 29, 2026. The global card network is leveraging its infrastructure to bridge a long-standing gap in business-to-business (B2B) transactions, where many vendors remain outside traditional card acceptance. Through these alliances, corporate clients can use their Visa commercial cards to initiate payments, with fintech partners handling the routing and settlement to suppliers via local rails or digital wallets. The move directly targets the massive global B2B payments market, estimated at over $120 trillion annually, where checks and manual bank transfers still dominate. This strategy intensifies Visa’s push beyond consumer spending and into high-volume commercial flows, competing against bank-owned networks and standalone business payment platforms. The partnership with PingPong, which specializes in cross-border e-commerce payments, signals an emphasis on small and midsize enterprises that routinely transact with overseas suppliers lacking card infrastructure.

EditorLim