Visa has announced the launch of Visa Intelligent Authorization, a new capability on the Visa Acceptance Platform designed to modernise payment processing for acquirers. This single API connection allows acquirers to eliminate the need for costly infrastructure maintenance, addressing challenges posed by legacy systems that hinder approval rates and increase operational complexity.

With 99.999% uptime and a global average approval rate of 96.3%, Visa Intelligent Authorisation enables real-time insights and efficient transaction processing across major card networks. It can be used as an acquirer’s primary processor or as a complementary solution.

Walter Lironi from Visa emphasises the necessity for acquirers to have infrastructure that evolves with the demands of commerce. This new solution offers a scalable foundation for modern payment processing, ensuring readiness for future industry developments.