MUMBAI –(BUSINESS WIRE)–

Investeert in BillDesk, het toonaangevende Indiase technologieplatform voor betalingen

Visa (NYSE: V) kondigde vandaag een minderheidsinvestering aan in BillDesk, een toonaangevend platform voor online betalingen en factuurbetalingen in India. Visa’s investering en samenwerking zal BillDesk helpen bij het ontwikkelen van nieuwe productlijnen voor zijn betalings- en loyaltyactiviteiten en het uitbreiden van zijn aanwezigheid in andere geografische gebieden. De investering zal onderworpen zijn aan de nodige wettelijke goedkeuringen en zal naar verwachting geen directe invloed hebben op de bestaande Indiase activiteiten van Visa.

“Als toonaangevende speler op het gebied van betalingen in India is BillDesk al lange tijd een zakenpartner van Visa. Na jarenlang met de oprichters van BillDesk te hebben samengewerkt, is het Visa-leiderschap consequent onder de indruk geweest van hun visie, marktkennis en uitvoeringscapaciteiten, alsook van de afstemming op waarden. Deze investering versterkt ons engagement op lange termijn voor de groei van digitale betalingen in India”, aldus Chris Clark, regionaal president van Asia Pacific.

Visa Strengthens Commitment to Growing Digital Payments in India

MUMBAI, India–(BUSINESS WIRE)–

Invests in BillDesk, India’s leading payments technology platform

Visa (NYSE: V) today announced a minority investment in BillDesk, a leading platform for online payments and bill payments in India. Visa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses and also expand its footprint into other geographies. The investment will be subject to necessary statutory approvals and is expected to have no direct bearing on Visa’s existing Indian business.

“As a leading payments player in India, BillDesk has been a long time business partner to Visa. Having worked with BillDesk’s founders over the years, the Visa leadership has been consistently impressed with their vision, market knowledge and execution capabilities, as well as alignment on values. This investment further reinforces our long-term commitment to India’s digital payments growth story,” said Asia Pacific regional president, Chris Clark.

“We are truly excited by this investment from the world’s largest global payment network, Visa. We now look forward to building new products and solutions that benefit merchants as well as consumers. Visa with its deep network and strong relationships is a great partner as well looking to offer our services in other markets,” said M N Srinivasu, Co-founder, BillDesk.

This is Visa’s latest partnership and investment with emerging payment innovators. As a global payments technology company, Visa continually partners with technology and financial services businesses across the world – especially those that have the potential to advance digital payments growth for clients and customers. Previous investments have included Paidy, Behalf, Marqeta, Payworks, Klarna, LoopPay (acquired by Samsung), Square and Stripe, among others.

About Visa

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit AboutVisa, https://usa.visa.com/visa-everywhere/blog.html and @VisaNews

About BillDesk

BillDesk, a payments technology and solutions company processes over USD 60 billion of digital payments annually. For over 10 years now, BillDesk has been the leader in driving electronic payments and digital commerce in India. The payments platform and the customer engagement and loyalty solutions offered by BillDesk and its affiliates, are used by the largest banks and businesses in India.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181116005278/en/

Contacts

Visa Inc.
Media Relations
Will Stickney, +1-415-805-5218
globalmedia@visa.com