Extend, a leading spend management service provider, has recently announced an exciting expansion of its partnership with the global payments giant, Visa. This collaboration aims to enhance Extend’s consumer base by leveraging Visa’s extensive network and client referrals. Andrew Jamison, the Chief Executive of Extend, revealed this development in a recent interview with Bank Automation News, highlighting the potential benefits of this new relationship.
Here are some key aspects of Extend’s expanded partnership with Visa:
- Technological Collaboration: Extend and Visa have had a longstanding technological partnership, which forms the foundation of their relationship. This collaboration has allowed Extend to integrate seamlessly with Visa’s payment ecosystem, enhancing the user experience for both businesses and consumers.
- Referral Relationship: The recent extension of the partnership introduces a referral relationship between Extend and Visa. This means that Visa can now recommend Extend’s services to its vast network of banking clients, opening up new avenues for growth and market expansion for Extend.
- Strategic Alliance: By joining forces with Visa, Extend has positioned itself to tap into Visa’s global reach and influence in the payments industry. This strategic alliance is expected to drive innovation, foster collaboration, and ultimately benefit customers by offering more comprehensive and integrated solutions.
In conclusion, the enhanced partnership between Extend and Visa marks an important milestone in the evolution of their relationship. By leveraging each other’s strengths and resources, they are poised to deliver greater value to their clients and drive mutual growth and success in the dynamic financial services landscape. This collaboration showcases the power of industry partnerships in driving innovation and transforming the way businesses operate in the digital age.
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