Payments

Targeting fast growing SMBs, Visa launches new card portfolio

  • Research shows SMBs are underserved by their current card providers.
  • Visa has launched a new card targeting high-spending SMBs.
Targeting fast growing SMBs, Visa launches new card portfolio

Visa Infinite Business will provide high-spend SMBs in the U.S. with benefits to support the modern small business owner and its employees as they pay and get paid.

  • At launch, Visa Infinite Business will be offered as two distinct products: Infinite B2B, for everyday business spending and Infinite Preferred, specifically developed to address high travel spend for the over 60 percent of SMBs who travel at least once a month.
  • Visa Infinite Business offers growth-oriented SMBs higher credit lines, travel protection, extended warranty, and accounting software integration.

In addition to new products, over the past year, Visa has been ramping its servicing of SMBs in the US and around the world.

  • Partnerships with leading fintech firms include Intuit, Kabbage, Oracle NetSuite, PayPal, and Wave.
  • Visa also spearheads various initiatives targeting SMBs including, She’s Next, Empowered by Visa (a global initiative to support entrepreneurial women), The Visa Back to Business Project (supports SMBs following natural disasters with a tool that enables consumers to locate and support affected SMBs) and The Visa Everywhere Initiative (a global startup challenge that has reached 75 countries, raised over $2.5 billion in funding with more than 221 finalists since 2015).

“With Visa Infinite Business, we have developed an all-encompassing offering that empowers and rewards small business owners for pursuing their passion,” said David Simon, senior vice president, global head of small business and medium enterprises, Visa. “We aim to provide small business owners with peace of mind and value that keeps their businesses secure, competitive—and ultimately, drives growth.”

Payments

Keap customers want to improve conversion rates with new Stripe partnership

  • Keap is a leading sales and marketing platform for small businesses.
  • A partnership with Stripe can give customers better conversions.
Zoe Murphy | April 01, 2020
Payments, Podcasts

Adyen’s Roelant Prins: ‘Modern technology can personalize issuing services for merchants’

  • Adyen has recently introduced a new card issuing service.
  • The payment firm's chief commercial officer joins us to discuss how merchants are benefiting from it.
Zachary Miller | March 20, 2020
Payments

Engage People’s Len Covello on Priceline’s pay with points program

  • There are billions of dollars available to retailers if they can tap into loyalty points.
  • Engage People, a tech company in the space, is seeing more interest in paying with points.
Zachary Miller | March 16, 2020
Payments

Rapyd enters Brazil with localized payments platform

  • The UK fintech as a service company is expanding internationally.
  • Brazil offers a big opportunity for fintech firms.
Michael Deleon | March 09, 2020
Payments, Podcasts

Iris Nova’s Zak Normandin on scaling consumer brands using payments over text

  • Iris Nova's Dirty Lemon beverage brand pioneered conversational commerce in 2015.
  • Now the company is bringing in other brands to sell over text.
Zack Miller | March 05, 2020
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