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SAN FRANCISCO - Visa Inc. (NYSE:V), a financial services powerhouse with $37.62 billion in revenue and an impressive 97.77% gross margin, has announced the launch of Visa AR Manager, a new product aimed at automating virtual card transactions for suppliers in the United States. This solution is expected to simplify the reconciliation of invoices and reduce operational costs for merchants by streamlining the process of accepting commercial card payments. According to InvestingPro data, Visa’s strong market position is reflected in its robust return on equity of 52%.
Visa AR Manager facilitates the handling of virtual card transactions by automatically retrieving card details, initiating authorization, and clearing transactions. The system also integrates with the supplier’s Enterprise Resource Planning (ERP) system to provide timely reconciliation data, which is essential for closing out invoices. This automation is designed to minimize manual interventions, allowing suppliers to concentrate on their primary business operations.
The product offers a simplified onboarding process for suppliers, automatic card account retrieval, and supports authorization and clearing steps for most major acquirer processors in the U.S. Visa is now open to new issuer implementation requests for this service.
Visa’s Global Head of B2B Acceptance, Abhishek, stated that Visa AR Manager is a testament to the company’s dedication to payment innovation and is set to transform supplier accounts receivable workflows. The company’s commitment to innovation has contributed to its consistent financial performance, with InvestingPro analysis showing a 10.19% revenue growth in the last twelve months.
Visa, a global leader in digital payments, operates in more than 200 countries and territories, with a mission to connect the world through a secure payments network. The company emphasizes the importance of inclusive economies and seeks to facilitate the movement of money through its services.
This information is based on a press release statement from Visa Inc.
In other recent news, Visa Inc. reported its Q2 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of $2.76, compared to the forecasted $2.68. The company also reported net revenue of $9.6 billion, slightly above the anticipated $9.55 billion, marking a 9% increase year-over-year. Visa’s global payments volume grew by 8% in constant dollars, highlighting its robust performance in the payments industry. Analysts from firms like JPMorgan and Morgan Stanley noted Visa’s strong financial performance and the company’s ability to leverage its global network and innovative solutions to drive growth. Additionally, Visa introduced stablecoin settlement capabilities, reflecting its commitment to innovation in payment solutions. Meanwhile, Webull announced a collaboration with Visa to integrate Visa Direct into its platform, enabling real-time money movement for its users in the United States. This partnership is expected to enhance Webull’s competitive edge in the fintech space by offering a more efficient way for users to engage with financial markets.
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