Visa (NYSE: V) has expanded its Fast Track program to the United States.
Fast Track aims to speed up the process of integrating with Visa, to allow startups to leverage the reach, capabilities, and security VisaNet, the company’s global payment network, to scale quickly.
The company is launching the program in the U.S. in collaboration with with companies who provide services across the payments spectrum – from card issuance, to push payments integration, to Payment Card Industry (PCI) Compliance, as well as Know Your Customer (KYC) and Anti-Money Laundering (AML) support
These include Alloy, BBVA Open Platform, Cross River Bank, Galileo, Green Dot, Marqeta, Netspend (TSYS’ Consumer Segment), Stripe, TabaPay, TSYS, Q2, and Very Good Security. Visa DPS will also support certain partners’ participation in the program.
As part of the launch, the company is also working with venture capital firms to automatically qualify their portfolio companies into the U.S. Fast Track program. Some of these early partners include Andreessen Horowitz, Nyca Partners, Ribbit Capital and Trinity Ventures.
Visa’s Fast Track program is already available in Europe, Africa, the Middle East, Latin America and Asia Pacific.
Interested participants in the U.S. can now apply by visiting: www.visa.com/fintech.
FinSMEs
01/08/2019