Friday, May 20th | 19 Iyyar 5782

Subscribe
September 4, 2019 10:28 am
0

Visa Innovation Center Partners With Israeli Paytech Firms

avatar by Reuters and Algemeiner Staff

A view of Tel Aviv, Feb. 17, 2019. Photo: Adam Shuldman / Flash90.

Visa’s new innovation center in Tel Aviv said on Wednesday it is partnering with three Israeli payment technology companies.

Shahar Friedman, head of the Visa Innovation Studio, said his company was focused on investments and business partnerships with Israeli companies offering payment solutions.

“Visa cooperates with these start-ups to support their growth and development by leveraging the reach, capabilities, and security VisaNet, the company’s global payment network, offers,” he said.

One startup is ChargeAfter, whose platform enables retailers to offer consumers personalized financing options at checkout from multiple lenders.

Related coverage

May 20, 2022 4:02 pm

Antisemitism Investigation at UK Student Union Advances as Questions Swirl About Latest Election

The lawyer who will lead an investigation into accusations of antisemitism made against the UK's National Union of Students (NUS)...

The second, Mesh, focuses on making cross-border payments between businesses fast and simple. The third is Zooz, which was acquired by PayU and provides online payment methods to over 300,000 retailers.

In addition, Visa invested an undisclosed amount in Behalf, which offers alternative financing for small businesses, and is studying more investments in Israel, Friedman said.

The company is also hosting several early-stage startups in the innovation center for up to six months as Visa evaluates their technologies.

Share this Story: Share On Facebook Share On Twitter

Let your voice be heard!

Join the Algemeiner

Algemeiner.com

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.