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U.S. Bank is First to Europe With Visa Payables Automation for Business

Bank to offer corporate purchasing cards in UK, electronic payment processing Europe-wide

U.S. Bank is expanding its card-based and cardless corporate payment solutions to Europe. In partnership with Visa, the bank will be the first in Europe to offer Visa Payables Automation, Visa’s paperless electronic payment service that replaces checks, eliminates tedious processing work, and can improve an organization’s cash flow by extending credit by more than seven weeks. The bank will also begin offering corporate purchasing cards in the United Kingdom.

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