Intesa Sanpaolo and Visa have renewed their multi-year strategic partnership agreement, to accelerate the digital transition and encourage the growth of digital payments.
„Expanding the Bank’s offerings is at the core of the renewed collaboration, allowing Intesa to offer innovative business and consumer solutions and implement of joint initiatives to increase financial inclusion through digital payments and digital awareness.” – according to the press release.
The partnership will also continue and extend existing projects in order to support the long-term growth and competitiveness of the Bank’s enterprise customers, continuing the roll-out of Visa’s value-added services. „These will include new and innovative use cases, such as simple, intuitive and secure wearable payment tools, as well as Visa Business Solutions, the evolved reporting service for companies using Credit Commercial Visa cards, which has been available since June.” – the bank explained.
Claudia Vassena, Head of Sales & Marketing Digital Retail at Intesa Sanpaolo, commented: ‘In a constantly evolving market like payments, our aim is to identify and, where possible, anticipate customers’ needs, providing them with cutting-edge, increasingly digital, inclusive and omnichannel solutions, while at the same time fostering acceptance for merchants. The renewal of our partnership with Visa allows us to give these commitments even greater value and concreteness.”
‘With this partnership we aim to maximise the value that digital payments can bring to consumers and businesses, thanks to Visa’s technological innovation, investment in security and global presence,’ said Stefano M. Stoppani, Country Manager Visa Italy. „What we are announcing today is not just a commercial agreement: it is much more than that. It means looking together at the future of the country, families, businesses, young people, and sharing the commitment to promote – also through the technology – a greater financial inclusion and growth throughout the country.”
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With more than EUR 422 billion in loans and EUR 1,350 billion in customer financial assets at the end of June 2024, it is the largest banking group in Italy with a significant international presence. It is a European leader in wealth management, with a strong focus on digital and fintech. In the ESG area, EUR 115 billion of Impact disbursements are planned for the community and the green transition by 2025. The programme for and in support of people in need is EUR 1.5 billion (2023-2027).
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Many more interesting quotes in the video below:
