Verto and Visa Launch Global Multi-Currency Card for Businesses

Verto and Visa have launched a new global multi-currency card aimed at helping businesses reduce costs and payment failures associated with international transactions.

The Verto Card, which is available to customers worldwide, offers zero foreign exchange markups on eligible currencies and allows for payment acceptance across 11 currencies, with indirect access to an additional 160 currencies.

Verto CEO Ola Oyetayo said the card addresses challenges faced by businesses using corporate cards tied to a single settlement currency, which can expose them to additional FX costs and rejected payments.

The supported currencies include the US Dollar, Euro, Japanese Yen, Pound Sterling, Swiss Franc, Canadian Dollar, Australian Dollar, New Zealand Dollar, Norwegian Krone, Swedish Krona, and more.