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Powering integrated FX and cross-border payments for Visa

See how we supported Visa’s expansion in B2B cross-currency payments with our holistic SC PrismFX solution.

7 May 2026

3 mins

Corporate & investment bankingDigital solutionsTransaction banking
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As part of its strategic expansion, Visa launched a non-card-based B2B cross-currency payments solution and sought a partner that could support high-volume, complex international flows at scale. Following the initial launch, Visa enhanced its capabilities through SC PrismFX, a fully modular and holistic FX solution. Through this enhancement, Standard Chartered delivered an integrated FX and cross-border payments solution built around flexibility, scale, and digital enablement.

How SC PrismFX enabled Visa

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    Competitive FX rates with improved settlement speed

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    Greater transparency and control over FX pricing and margins

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    Support for complex payment flows through a fully digital, API-enabled journey

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    Providing clients with a faster, more efficient, and compliant cross-border payment experience

Learn more about SC PrismFX

Background

Visa is a world-leading digital payments network that removes barriers and connects people to the global economy. As a trusted network, they facilitate digital payments across more than 200 countries and territories among a global set of consumers, merchants, financial institutions, businesses, strategic partners and government entities through innovative technologies.

Challenges and objectives

To further enhance the Visa B2B Connect network, Visa needed broad currency coverage, deep local market access, and a fully digital integration capable of delivering transparent FX pricing, real‑time reporting, and regulatory compliance across geographies.

Solution

Key elements of the SC PrismFX solution included:

01 Local currency accounts in major hubs (Singapore, UAE, and the US) supporting payments into 100+ currencies.

02 Multiple FX execution models, allowing the client to choose between:

  • Local in-market FX execution supported by Standard Chartered’s global payments network
  • A single debit account model to maximise beneficiary reach and streamline operations

03 Guaranteed FX rates with multiple, overlapping rate-hold periods and aggregation to support micro-transactions efficiently.

04 Fully integrated APIs covering FX, payments initiation, debit/credit notifications, and real-time reporting.

05 Tailored solutioning, underpinned by deep understanding of the client’s workflows and local regulatory requirements.

We chose SC PrismFX because it delivers competitive FX rates and shorter settlement times – seamlessly integrated into a fully digital API payment journey.
Rhidoi Krishnakumar
Vice President, Head of Visa Direct, Asia Pacific, Visa

Results

With SC PrismFX, Visa was able to:

  1. Deliver faster, more efficient cross-border payments to its customers
  2. Support complex global payment flows through a fully digital, API-enabled journey
  3. Offer competitive FX rates with improved settlement speed
  4. Enhance the end-client experience with full-value, low-cost international payments
  5. Provide greater transparency and control over FX pricing and margins
  6. Improve operational efficiency while ensuring regulatory compliance across markets

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