Visa just announced that it is expanding its Fintech Fast-Track Program in the Central and Eastern Europe, Middle East and Africa (CEMEA) region. This comes as part of its continuous efforts in developing the next generation of digital payment solutions.
The program is already launched in Europe, Latin America and the Asia Pacific, whereby it provides FinTech startups with a faster and easier integration process with VisaNet, Visa’s global network, in addition to a suite of tailored digital solutions and growth capabilities.
How can FinTech startups benefit from this program? Well, if they’re based in the aforementioned continents (CEMEA), they can onboard to Visa’s global network in less than four weeks. Furthermore, the program is tailored to the needs of the companies, which aims to adapt to their realities and provide them with processes that are faster, which include reducing the number of onboarding conditions.
Andrew Torre, Regional President, CEMEA, Visa commented on the program saying: “The payments ecosystem is evolving at an unprecedented pace with some of the most exciting innovations coming from our region. We are actively engaged with passionate, entrepreneurial communities to understand where synergies exist in order to foster and bring new experiences to life in a secure and scalable manner in our pursuit of a digital future. Our aim is to connect new players and ideas with our network
The program offers a new commercial framework that provides access to Visa’s payment capabilities, reduced fees