WEX, Visa extend virtual cards globally
Corporate payments provider WEX has added Visa commercial virtual cards to its platform for B2B payments.
Portland, Maine-based WEX this week began issuing Visa virtual cards in the U.S. and U.K. in USD, GBP and EUR, with plans to add other currencies, WEX said in a recent press release.
The move expands options for businesses looking for additional global payment options, WEX said in the release.
“This evolution in our relationship with Visa allows WEX greater independence in decisions around the services that we offer and the opportunity for our customers to take full advantage of the innovations that come from our work with Visa,” said Jay Dearborn, president of WEX’s corporate payments division, in the release.