BT has announced that it has completed the upgrade of Visa Europe’s communications network, aiming to up the 2m ($2.7m) of payments it is currently processing.
The network provides connectivity for Visa Europe’s card authorisation, clearing and settlement services while linking more than 350 member sites in 37 different countries across Europe.
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Steve Chambers, chief information officer at Visa Europe, said: "Trust is very important to Visa Europe and to our customers. We work with providers that we can depend on to make sure our payments remain faster, smarter, convenient and secure.
"We choose to work with BT because we trust them to deliver on their promises. Their expansive global network supports our international connectivity needs and their focus on innovative technology and services aligns with our strategy."
The infrastructure stalled by BT is based on their BT Connect product and will support Visa Europe’s corporate connectivity.
This will connect Visa Europe’s corporate offices and provide remote working, mobile, messaging and video conferencing tools.
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By GlobalDataLuis Alvarez, chief executive of BT Global Services, said: "Visa is dealing with millions of people’s payment transactions every single day, so their reputation for service, security and innovation is absolutely crucial. Visa Europe’s continued trust in BT and the strengthening of our long term strategic relationship make us very proud.
"BT has unrivalled experience and expertise as a global communications provider, particularly in the financial services industry – so we’re in a perfect position to deliver innovative solutions which allow Visa Europe to introduce new, easier, and more secure payment options for their members and customers."
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