Core Insights - Banqup SA has announced a strategic partnership with Visa to enhance its business administration and payment automation platform, focusing on e-invoicing and payment solutions [1][2] Group 1: Partnership Details - The collaboration aims to address the increasing demand for integrated payment solutions due to new e-invoicing regulations across Europe, which require businesses to digitize and standardize invoice processes [2][4] - Banqup will utilize Visa's global network to offer virtual commercial cards, enabling SMEs to optimize cash flow by extending payment terms while ensuring immediate payments to suppliers [2][3] Group 2: Technological Integration - By integrating Visa's payment capabilities into the Banqup platform, customers can comply with e-invoicing and tax regulations while benefiting from advanced payment options, reducing costs and improving business insights [3][4] - The partnership is designed to simplify complex European e-invoicing regulations and administrative tasks, allowing SMEs to focus on business growth rather than compliance burdens [4][5] Group 3: Market Impact - By 2028, mandatory e-invoicing and near real-time digital reporting will be implemented across most European economies, affecting over 26 million SMEs in the EU as part of VAT reforms [5] - The partnership is positioned as a response to the fundamental changes in how money and data must move together, enhancing cash flow visibility and reducing administrative friction for businesses [5]