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Intesa Sanpaolo renews payment partnership with Visa

By Gloria Methri

November 05, 2024

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Intesa Sanpaolo, Visa, Cash and Liquidity Management, FinTech, Montran, Virtual Account Management, Intesa, Payments, Open Banking, ItalyIntesa Sanpaolo and Visa have renewed their multi-year strategic partnership agreement to accelerate the digital transition and encourage the growth of digital payments.

Expanding the bank’s offerings is at the core of the renewed collaboration, allowing Intesa to offer innovative business and consumer solutions and implement joint initiatives to increase financial inclusion through digital payments and digital awareness.

The partnership will also continue and extend existing projects to support the long-term growth and competitiveness of the bank’s enterprise customers, continuing the roll-out of Visa’s value-added services. These will include new and innovative use cases, such as simple, intuitive and secure wearable payment tools, as well as Visa Business Solutions, the evolved reporting service for companies using Credit Commercial Visa cards, which has been available since June.

Claudia Vassena, Head of Sales & Marketing Digital Retail at Intesa Sanpaolo, said on the partnership, “In a constantly evolving market like payments, we aim to identify and, where possible, anticipate customers’ needs, providing them with cutting-edge, increasingly digital, inclusive and omnichannel solutions, while at the same time fostering acceptance for merchants. The renewal of our partnership with Visa allows us to give these commitments even greater value and concreteness.”

“With this partnership, we aim to maximise the value that digital payments can bring to consumers and businesses, thanks to Visa’s technological innovation, investment in security and global presence,” said Stefano M. Stoppani, Country Manager Visa Italy. “What we are announcing today is not just a commercial agreement; it is much more than that. It means looking together at the future of the country, families, businesses, young people, and sharing the commitment to promote – also through the technology – a greater financial inclusion and growth throughout the country.”

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