Visa has introduced Visa Intelligent Authorization, a cutting-edge capability on the Visa Acceptance Platform, designed to revolutionize payment processing for acquirers. This innovative solution enables acquirers to modernize their infrastructure through a single API connection, eliminating the need for costly and time-consuming maintenance or builds.
The new capability addresses challenges posed by legacy authorization platforms, which often result in lower approval rates, higher operating costs, and increased compliance complexity. Visa Intelligent Authorization offers 99.999% uptime and achieves an average global approval rate of 96.3%, setting industry benchmarks.”
Commerce is evolving rapidly, and acquirers need authorization infrastructure that can keep up,” said Walter Lironi, Head of Value-Added Services for CEMEA at Visa. “Visa Intelligent Authorization modernizes payment processing, enabling greater reliability and readiness for what’s next.”
The solution is available to eligible acquirers on the Visa Acceptance Platform, providing a scalable foundation for modern payment processing.
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