TLDR Tech / Fintech
Visa & Airwallex bring fintech overhaul to freight payments
Visa and Airwallex are partnering to embed cross-border payments, multi-currency capabilities, and working capital tools directly into freight and shipping platforms, helping logistics companies move money faster and reduce payment friction. The collaboration targets an industry where international settlements can take up to 42 days and payment administration accounts for nearly 20% of transportation costs, replacing manual processes with embedded financial services built into logistics software.
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