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Visa Aims to 'Transform Cross-Border Payments' With Launch of Blockchain-Based Platform

From dailyhodl.com

Visa has introduced B2B Connect, a blockchain-based platform that will allow clients to make international payments. According to Kevin Phalen, global head of Visa Business Solutions, the platform is a milestone for the company. “With B2B Connect, we’re developing a new way for businesses to make cross border, high-value payments – fixing broken processes and breaking down geographic barriers along the way.” “We’re entering into a new payment flow that Visa has never touched in the past. We’ve always been a card-based network. In this case, we’ve built a new high-value, cross-border payment network that our financial ... (full story)

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