Why should we use Visa?

If you like the sound of Visa and are looking for a rationale to share with colleagues, here’s a short narrative to help you consider why you should use Visa.

1. The public sector is under huge strain - public finances have been dramatically cut but frontline services need protecting. Finance and procurement teams need simple, quick solutions to achieve challenging spending targets.

2. Visa is a proven payment tool for public sector organisations to cut their administration costs and increase their purchasing efficiency. To date, the programme has made more than £185 million of monetary savings.

3. Visa saves time, reduces bureaucracy and improves the control, transparency and accountability of public spend.

4. Under Visa, there are no card fees so it is a highly affordable solution.

5. Suppliers are typically paid in less than four days but your account is typically not due for payment for up 37 days or more. This means cash can be held on deposit for longer.

6. Visa is supplied by one of three preferred banks under the terms of the Buying Solutions framework agreements, ensuring choice and competition.

7. Visa is trusted by public sector bodies across the UK and more than 6.6 million transactions were made using Visa last year.

8. Visa has unsurpassed acceptance and Visa’s enhanced data gives you superior information at granular level.

9. Visa offers a high level of control. When combined with eSolutions, it can generate detailed, high quality management information.

10. Visa has built strong awareness and support at the highest level within the public sector and has a track record in delivering results.