MoneyHash, a prominent player in the payments and revenue operations sector in the Middle East and Africa, has announced its partnership with Visa, a global leader in digital payments. This collaboration aims to deliver secure and enhanced digital payment experiences to their customers, empowering them to enhance their payment infrastructure and ensure secure, fast, and reliable payment experiences. The partnership will allow MoneyHash to access Visa's extensive suite of digital payment solutions, including network tokenization, as well as leverage Visa's global reach, capabilities, and security.
This collaboration marks a significant leap in MoneyHash's journey, as it addresses the key challenges that businesses face in the realm of digital payments. These challenges range from the prolonged efforts required to integrate with multiple payment providers, to tackling issues like low conversion rates, payment failures, inefficient payment flows, and mitigating fraudulent activities. By streamlining these critical processes, MoneyHash empowers businesses to not only overcome operational hurdles but also to focus on their core growth and expansion strategies.
Visa (V) is thrilled to work with innovative platforms like MoneyHash, which contributes to the growing move to digital through providing a simplified process. The partnership aims to empower partners with the tools and resources necessary to provide secure and seamless payment solutions.
From a technical perspective, Visa Inc. (NYSE: V) stock closed Friday's trading session up 0.79% with a Relative Strength Index (RSI) of 62.84 which is slightly overbought. The stock is trading above the 200, 100 and 50- day Moving Averages (MA) respectively.
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