Virtual Pay Group, a leading fintech company, announced its receipt of the Principal Acquirer license from Visa, opening new opportunities in the digital payments market.
Visa Principal Acquirer License
Receiving the Principal Acquirer license from Visa allows Virtual Pay to directly process major card scheme transactions, confirming the company's status as a key player in the rapidly evolving digital payments sector.
Benefits for Clients and Businesses
The license provides Virtual Pay with greater operational independence and scalability, allowing for faster merchant onboarding, enhanced security, and more competitive transaction processing across the continent.
Company's Strategic Plans
The company aims to deepen merchant relationships and accelerate growth in new and existing markets while simplifying cross-border transactions for businesses. Virtual Pay continues to invest in infrastructure and compliance that supports its vision of transforming transactions in the digital economy.
The receipt of the Principal Acquirer license from Visa represents a significant milestone for Virtual Pay Group, highlighting its commitment to promoting financial inclusion and digital innovation in the payments landscape.
