Regions Bank intros Visa Commercial Pay Mobile

Regions Bank introduced Visa Commercial Pay Mobile to allow Treasury Management clients to make payments. Business clients can create virtual accounts for payments for a variety of purposes such as point-of-sale, card-not-present transactions and e-commerce, according to a press release.

This is an expansion of Visa Commercial Pay-Travel, first launched in 2022 that covered business travel payments. With Visa Commercial Pay Mobile, businesses can issue virtual accounts to their employees and monitor expenses within the Visa Commercial Pay app.

«A superior client experience is at the heart of our value proposition for business clients,» David Lapaglia, head of commercial card products and strategy for Regions, said in the release. «Visa Commercial Pay is the ideal complement to our already-enhanced selection of products and services. Visa understands financial-service providers deliver greater value when they give clients more convenience, along with more intuitive, time-saving solutions. We share in that vision, and by building on our digital wallet capabilities, Regions is reinforcing its commitment to helping our business clients grow and thrive.»

Later this year, Regions will also launch RegionsCashFlowIQ for cash flow management.

Source: ATM Marketplace