Visa, in partnership with First National Bank (FNB) and Rand Merchant Bank (RMB), have announced the launch of Visa Commercial Pay (VCP) in South Africa.
Visa Commercial Pay is a fully integrated business-to-business (B2B) payment solution designed to simplify how organisations manage supplier payments, corporate travel, and operational spend. The platform enables secure virtual card issuance, automates reconciliation, and provides real-time visibility into spending—all within a single, centralised ecosystem.
The launch comes at a time of rapid growth in South Africa’s digital payments landscape, driven by increased adoption of mobile and online payments and a broader shift toward cashless transactions. The local digital payments market is estimated at approximately $10-billion, reflecting strong momentum in the transition to digital financial services.
However, many businesses still rely on fragmented, manual processes that limit efficiency, control and visibility. Visa Commercial Pay addresses these challenges by enabling automation, enhancing data transparency, and strengthening security through capabilities such as tokenisation and virtual card technology.
Lineshree Moodley, country head for Visa South Africa, comments: “The launch of Visa Commercial Pay in partnership with FNB and RMB marks an important step in reimagining how South African businesses manage payments. With Visa Commercial Pay, we are introducing a scalable, data-rich platform that brings together payments, control, and insights into one seamless experience – enabling smarter business decisions, unlocking working capital, and strengthening supplier ecosystems. As the first launch of this solution in South Africa, it sets a new benchmark for innovation in the region and reinforces our commitment to supporting South Africa’s journey toward a more inclusive, efficient, and digitally driven economy.”
Senzo Nsibande, CEO of FNB core banking, retail and business banking, adds: “At FNB, we are committed to enabling businesses to operate more efficiently and competitively through smart, integrated financial solutions. The introduction of Visa Commercial Pay strengthens our ability to help clients digitise and optimise their payment processes – reducing administrative complexity, improving visibility overspend, and enhancing control across their operations. In partnership with Visa, we are bringing a globally proven capability to the South African market, tailored to meet the evolving needs of our business clients.”
The partnership between Visa, FNB and RMB reflects a shared vision to deliver next-generation payment capabilities to corporate clients. By combining Visa’s global payments network with the local expertise and corporate banking capabilities of FNB and RMB, the solution is tailored to address the evolving needs across travel and non-travel cases.
Reeza Hartley, product head: corporate card issuing at RMB, says: “Corporate travel continues to change, and businesses want solutions that reinforce governance while keeping operations simple. With Visa Commercial Pay, we are giving our clients a smarter and more secure way to manage travel and operational spend. The platform strengthens control, protects against misuse, and gives finance teams the visibility and data they need to make better decisions more quickly. For South African corporates, this is a meaningful step towards modernising how payments are managed across travel and broader business expenses.”