Last week, Visa and Goldman Sachs announced they were partnering to help businesses make international transactions.
In Brief:
The payments giant is working with Goldman Sachs Transaction Banking.
Goldman Sachs will implement Visa B2B Connect and Visa Direct Payouts.
These will be added to Goldman’s existing cross-border B2B and B2C payments programme.
What does this mean?
With the help of Visa’s solutions, Goldman Sachs aims to help its commercial and corporate banking clients to reduce cost and complexity of international payments, offering almost real-time visibility into their payment status.