Magnetiq Bank Pioneers Visa B2B Connect in Europe

  • Payments
  • 05.09.2024 11:15 am

Magnetiq Bank is leading the charge in Europe by adopting Visa B2B Connect, a cutting-edge solution revolutionizing cross-border payments.

Visa B2B Connect offers a secure, cost-effective alternative to traditional banking for business-to-business transactions, enabling e-commerce merchants and bank customers to make payments in multiple currencies, including GBP and USD, with ease.

“Visa B2B Connect simplifies and speeds up transactions for banks and their clients, reducing costs for a more efficient and secure way to move money globally”, commented Ben Ellis, Global Head of Visa B2B Connect at Visa. “We are excited to bring these solutions to market for Magnetiq Bank customers.”

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