Visa announced Tuesday that its B2B Connect network now reaches 38 markets with same-day settlement capability, up from 24 at the start of 2026. The expansion adds coverage across Southeast Asia, the Middle East, and Latin America — regions where mid-market firms have historically relied on multi-hop correspondent banking for supplier payments.
The move comes as cross-border accounts payable volume on the network grew 41% year over year in Q1, according to figures shared with FinServ Pulse. Visa attributes the acceleration to treasury teams consolidating fragmented payment operations onto a single rail.