Visa International has today announced an exclusive agreement with Brainware Commerce Solutions (Pty) Ltd. for the distribution of Visa`s Infospan proprietary desktop reporting system in the sub-Saharan Africa market.
The benefits of the agreement between Visa and Brainware Commerce Solutions, to member banks and their clients, include the availability of a commercial card reporting solution that is fine-tuned to meet the needs of the African marketplace, superior installation and training services and high quality helpdesk services for member banks and their clients.
Visa Commercial cards, incorporating Visa Purchasing, Visa Business and Visa Corporate, are a family of card products targeted at the purchasing and travel and entertainment needs of commercial and government entities. Cards are issued by Visa member banks to their commercial clients. The client`s employees make use of Visa Commercial card products to make purchases of goods and services.
Visa is the worldwide leader in leveraging emerging technology to enhance products and service offerings for both large and small businesses. Visa`s unsurpassed global acceptance enhances the ease of use of the products and promotes business-building opportunities.
Visa has entered into this exclusive agreement with Brainware Commerce Solutions (Pty) Ltd of Centurion, South Africa, in order to be more responsive to the increasingly complex needs of commercial card customers and to improve the Infospan product distribution process.
Brainware Commerce Solutions services the IT consulting needs of companies across the African continent and has special expertise in the financial services industry, particularly in the payment card processing area. "We are confident that Brainware Commerce Solutions will enhance the Infospan product to meet local member bank and client needs", says Vic Duys, General Manager: Visa sub-Saharan Africa.
"Visa`s objective is to provide the highest quality commercial card products and services to the African marketplace. By working together with Brainware Commerce Solutions we believe that Visa will achieve this goal", comments Duys.
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As the "World`s Best Way to Pay," Visa is the world`s leading payment brand and the largest payment system worldwide with more volume than all other major payment cards combined. Visa plays a pivotal role in advancing new payment products and technologies to benefit its 21,000 member financial institutions and their cardholders. Visa has more than 80 smart card programs in 35 countries and on the Internet, with 23 million Visa chip cards, including 8 million Visa Cash cards. Visa is pioneering SET Secure Electronic Transaction programs to enable and advance Internet commerce.
There are over 880 million Visa, Visa Electron, Interlink, PLUS and Visa Cash cards, which generate more than US$1.4 trillion in annual volume. Visa-branded cards are accepted at over 18 million worldwide locations, including at more than 530,000 ATMs in the Visa Global ATM Network. Visa`s Internet address is www.visa.com.
InfoSpan is a proprietary desktop reporting system for Visa commercial card products. Available in both stand-alone and client/server configurations, InfoSpan is a robust yet user-friendly tool that tracks and reports spending and card usage. InfoSpan provides efficient access to world-wide transaction data, which can be produced in more than 70 standard and customised reports. In addition, InfoSpan is available in 11 languages.