Visa Inc. (NYSE: V) and HST Software Solutions announced today that they are working together to co-develop innovative solutions that benefit financial institutions and retailers across the region.The companies are collaborating to create mobile payment solutions and generate custom digital payment experiences, like mobile wallets. These innovative solutions are integrated with Visa\u2019s application program interfaces (APIs) providing user-enhancing value added features. The partnership further expands Visa and HST\u2019s longstanding relationship of collaboration.<\/p>\n\n\n\n
\u201cCollaboration is key to Visa\u2019s innovation strategy, and we actively seek strong strategic partners to provide the best-in-class solutions, accelerating the adoption of new payment solutions everywhere we operate,\u201d said Allen Cueli, Vice President, Solutions Architects for Visa Latin America and the Caribbean. \u201cHST is a digital leader in Latin America and we are joining forces, combining their capabilities with those of our clients and Visa\u2019s APIs to deliver new payment experiences, while making lives easier for consumers as we take another step towards digital transformation of the region.\u201d<\/p>\n\n\n\n
Visa Developer Platform (VDP)<\/strong><\/p>\n\n\n\n Visa\u2019s commitment to collaboration takes place in part, on the Visa Developer Platform, which makes many of Visa\u2019s capabilities available as APIs. From funds transfer to transaction controls to travel solutions, VDP offers direct access to a growing number of APIs, tools, and support that can help make building and powering commerce easier, faster and more secure.<\/p>\n\n\n\n \u201cVisa Developer Platform provided the perfect platform to integrate with our white label digital wallet solution, enabling us to provide an enhanced product for our customers,\u201d said Eduardo Cunha CEO of HST. \u201cVisa Developer Platform provided us with straightforward integration and a speedy time to market.\u201d<\/p>\n\n\n\n Enhancing Mobile Wallets with Visa Capabilities through VDP<\/strong><\/p>\n\n\n\n Among the solutions Visa and HST are enabling together are mobile wallets which allow issuing banks to avoid the set-up costs and headaches of building mobile wallets themselves. Providing a virtually turnkey solution, the digital wallets are integrated with Visa\u2019s APIs providing value added features, another layer of convenience and innovation to the offering. When white-labeled, issuers need only customize with their logo, art and colors and the digital wallet can be issued under their own brand.<\/p>\n\n\n\n Visa API features integrated in the digital wallets include:<\/p>\n\n\n\n ATM Locator<\/strong> \u2013 provides coordinates to find the nearest ATM Banks in Latin America are already taking advantage of the Visa HST digital wallets. BPP, Brazilian issuer, launched its issuer wallet in 2018 and Visa HST digital wallets are now also available through banks in Uruguay and Paraguay.<\/p>\n\n\n\n \u201cWe are commited to providing solutions to our customers that are meaningful, that make sense to them and are also fast to implement,\u201d said Jose Coronel of BPP. \u201cOur experience with Visa and HST provided us with just that and this is exactly the type of innovation we are looking for.\u201d<\/p>\n\n\n\n About Visa<\/strong><\/p>\n\n\n\n Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world\u2019s most advanced processing networks \u2014 VisaNet \u2014 that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa\u2019s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead with prepaid or pay later with credit products. For more information, visit https:\/\/usa.visa.com\/, visacorporate.tumblr.com and @VisaNews.<\/p>\n\n\n\n About HST<\/strong><\/p>\n\n\n\n HST is a privately owned payment technology leader whose software solutions are sold throughout Latin America to the financial and retail industries. Our solutions enable issuers, acquirers and payment brands to provide a secure, seamless payment experience for their users. For the last 15 years HST has been developing card issuance, e-commerce and mobile wallet solutions to advance digital payment technology in the region. For more information, please visit www.hst.com.br<\/p>\n\n\n\n Media Contacts<\/p>\n\n\n\n Visa, Latin American and Caribbean<\/p>\n\n\n\n Catalina Bantula<\/p>\n\n\n\n cbantula@visa.com<\/p>\n\n\n\n +1 (305) 328-1268<\/p>\n","protected":false},"featured_media":0,"template":"","press-category":[132],"class_list":["post-3176","press","type-press","status-publish","hentry","press-category-digital-payments"],"acf":[],"yoast_head":"\n
Visa Merchant Offer Resource Center<\/strong> \u2013 issuers can offer clients specialized promotions, merchant offers including discounts or benefits
Visa Travel Notification Service<\/strong> \u2013 consumers can alert Visa to travel plans and avoid declines in transactions due to travel
Foreign Exchange Rate<\/strong> \u2013 currency converter tool
Visa Transaction Control <\/strong>\u2013 allows consumers to block and unblock card for any reason \u2013 misplaced cards, parental controls, etc. \u2013 without having to call their bank<\/p>\n\n\n\n#<\/h2>\n\n\n\n