Visa Inc. V shares are higher today (Friday). The company announced a collaboration with MoneyHash to deliver secure and enhanced digital payment experiences.
Through this partnership, MoneyHash aims to use Visa’s global reach, capabilities and security to connect the world through offering reliable and secure payment networks across the Middle East and North Africa (MENA).
“Visa is thrilled to work with innovative platforms like MoneyHash, which contributes to the growing move to digital through providing a simplified process. We thrive to empower our partners with the tools and resources necessary to provide secure and seamless payment solutions,” said Leila Serhan, Visa senior vice president and group country manager for North Africa, Levant and Pakistan region.
Elena Panchenko, CPO of MoneyHash said, “It empowers our customers to enhance their payment infrastructure, ensuring secure, fast, and reliable payment experiences. This is especially crucial in today’s digital-first world, where payment security is paramount.”
Last month, Visa reported second-quarter 2024 adjusted EPS of $2.51, driven by 8% payment volume growth.
Investors can gain exposure to the stock via Litman Gregory Funds Trust Polen Capital Global Growth ETF PCGG and IShares U.S. Financial Services ETF IYG.
V Price Action: Visa shares are up 0.75% at $280.66 premarket at the last check Friday.
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