Visa and Unionbank team up to bring in a new payment system in the Philippines in the form of Visa B2B Connect. According to UnionBank chairman Justo Ortiz, Visa B2B Connect will allow fund transfers to be accomplished in real time or within 24 hours compared to the usual 3-5 day timeframe. Head of business-to-business partnership at Visa Asia Pacific, Viktam Kshettry said that they will be using 23 fiat currencies and 4 partner banks to be able to offer the payment platform. Government requires visa applicants to provide their social media accounts within the last five years. government plans to require nearly all visa applications who are going to U.S. According to the documents, nearly 15 million would-be immigrants will be affected by this move; however there are exemptions for diplomatic and official visas. Read more in our articles including "Visa and UnionBank introduces blockchain payment system" and "Social media check will soon be required for US visa applications".
Visa and Unionbank team up to bring in a new payment system in the Philippines…
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Apr 29, 2026Visa and Unionbank team up to bring in a new payment system in the Philippines in the form of Visa B2B Connect. According to UnionBank chairman Justo Ortiz, Visa B2B Connect will allow fund transfers to be accomplished in real time or within 24 hours compared to the usual 3-5 day timeframe.
Head of business-to-business partnership at Visa Asia Pacific, Viktam Kshettry said that they will be using 23 fiat currencies and 4 partner banks to be able to offer the payment platform. Government requires visa applicants to provide their social media accounts within the last five years. government plans to require nearly all visa applications who are going to U.S.
Our coverage of visa b2b includes: "Visa and UnionBank introduces blockchain payment system"; "Social media check will soon be required for US visa applications"; "BIR opens Tax Payer Portal". Each article provides unique insights and information.