Visa, Brankas team up for open data products - BusinessMirror

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Visa, Brankas team up for open data products - BusinessMirror
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Visa Inc. said it has tapped Brankas Digital Technologies Inc. as its first partner in Southeast Asia to offer live access to its “open data” products that could help increase financial inclusion in the region. Know more:

Visa Inc. said it has tapped Brankas Digital Technologies Inc. as its first partner in Southeast Asia to offer live access to its “open data” products that could help increase financial inclusion in the region.

Seeing the opportunity to provide solutions for businesses to offer quality customer experience, Schweitzer said their partnership allows them “to unlock accelerated transaction processing and payment alternatives to boost their offerings.” Two of the pilot customers—Tongdun Technology Co. Ltd. and PT IziData—are already using the joint solutions, where Brankas integrates Visa Cardholder Transaction Score and Visa’s range of payment rails into its core solutions to bring new “credit decisioning” and payment products.

Brankas and Visa have co-developed a new account-to-account payment suite for more local and cross-border money movement means that banks and merchants can use to provide customers a new way to make instant payments while saving on transaction fees.

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