Bivial AG Becomes New Visa Principal Member

Bivial AG is pleased to announce the signage of a global partnership with VISA on becoming a Principal Member of the VISA network – a world leader in digital payments – furthering its mission of democratising global payment, banking, and digital disbursement services for online businesses.
The newly acquired Visa certification further demonstrates Bivial’s commitment to delivering first-in-class services to its growing client base. Direct membership in the Visa network offers Bivial’s merchant clients a fast, simple, and integrated way to manage their funds and conduct their day-to-day cross-border transactions.
It is important to note that in order to receive Principal Membership in the Visa Network, Bivial had to undergo a rigorous application process and pass a multidisciplinary audit conducted by Visa International to ensure that the company meets all applicable operational, and regulatory requirements. The Visa Principal Membership comes in addition to Bivial’s existing operational excellence Level 1 Payment Card Industry Data Security Standard (PCI DSS) certification that ensures the quality, transparency, and robustness of Bivial’s payment security systems.
As Bivial CEO Martynas Bieliauskas underlines: “Becoming a Principal Member of Visa has been one of our key objectives since Bivial’s launch in 2019. Acquiring Principal Membership puts Bivial in a unique position when it comes to absorbing the growing demand for frictionless, scalable, and accessible payment, banking, and digital disbursement solutions. As the first FINMA licensed Swiss fintech to work exclusively with e-commerce merchants, digital entrepreneurs, and social media influencers, Bivial seeks to empower online businesses through global, scalable, payment acceptance and remittance solutions.This latest achievement also represents another milestone for Bivial, as it enables us to offer products that are even more adaptable to the needs of digital entrepreneurs. Looking to the future, we commit to continuously innovate through our expanding suite of services and help online businesses of all calibres thrive on a global scale through the provision of all-encompassing business payment and banking technologies.”
As Santosh Ritter, Country Manager of Visa Switzerland & Liechtenstein states: “We are excited to announce our partnership with Bivial, which has received principal membership enabling to offer B2B Connect solution for the first time in Central Europe. As part of our fintech commitment, we give Bivial access to our worldwide Visa network so that they can further empower digital businesses and innovative customer experience. We not only offer our value added services to traditional banking clients but also to fintech companies. We look forward to working with Bivial to help their bank-to-bank cross-border business grow.”