Visa Partners with ARMSWISSBANK to Launch Visa B2B Connect in Armenia

Yerevan, May 5, 2025 – Visa, the world leader in digital payments, in partnership with ARMSWISSBANK, expands corporate cross-border business-to- business payments’ platform Visa B2B Connect in Armenia, with ARMSWISSBANK becoming the first bank in the country to offer this innovative service.

To mark the launch, Visa and ARMSWISSBANK hosted a press conference in Yerevan, presenting the benefits and opportunities that Visa B2B Connect brings to the Armenian corporate sector.

Visa B2B Connect is a cutting-edge payment network designed specifically for business-to-business transactions between legal entities. By joining Visa B2B Connect, ARMSWISSBANK expands its ability to facilitate fast, secure, and efficient international transfers with member banks and other financial institutions across approximately 118 countries.

“At Visa, we are proud to launch the Visa B2B Connect platform in Armenia together with our trusted partner, ARMSWISSBANK. This platform is transforming the way businesses move money across borders, offering speed, security, and transparency that are essential for effective financial operations. This is an important milestone for the country’s corporate sector and we remain committed to driving innovation that empowers businesses to thrive,” said Diana Kiguradze, Visa Regional Manager for the Caucasus.

“We are excited to be the first in Armenia to bring this global solution to our business customers,” said Anzhela Barseghyan, Deputy CEO, Director of Trade Finance and Correspondent Relationship Department. “Visa B2B Connect allows our clients to benefit from simplified payment processes, secure and faster transactions-making it a valuable tool for businesses engaged in international operations.”

Visa B2B Connect offers predictability and transparency for international money transfers, delivering valuable insights to support strategic decision-making and business planning.

About Visa B2B Connect

Visa B2B Connect is an innovative non-card-based multilateral platform delivering B2B cross-border payments that are predictable, secure and cost-effective for financial institutions and their corporate clients. Using a one- to-many connection, Visa B2B Connect helps reduce a number of correspondent transfers required to process a payment. This allows for more cost-effective cross-border transactions and provides both corporate finance institutions and their customers transparent view of fees associated with each transaction helping the companies to manage their cash flows. Visa B2B Connect platform can also be used to send payments to out- of-network banks.
To learn more about Visa B2B Connect and how to join the platform, please visit www.visa.com/visab2bconnect

About Visa 

Visa (NYSE: V) is a world leader in digital payments, facilitating payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at cis.visa.com.

About ARMSWISSBANK

ARMSWISSBANK CJSC is a leading investment and corporate bank in Armenia, offering a full range of banking services tailored to the needs of corporate clients, SMEs, and individual investors. The bank is recognized for its commitment to innovation, efficiency, and customer-centric solutions.

Media Contacts 

Mariam Gvaradze
Press Office of Visa in Georgia
Noblet Media Eastern Partnership
+99555449965
[email protected]