Visa Relaunches Visa SavingsEdge for SMBs

Author

Slice of Finance Team
19 Jun

Key Highlights:

  • Enhanced Visa SavingsEdge program for U.S. and Canadian SMBs.

  • New features include Instant Coupons, Cashback Offers, and a cash-back tracker.

  • 77% of U.S. SMBs project revenue growth in 2024, showing economic optimism.

  • 64% of SMBs plan to invest in cost-saving technology.

Source (Business Wire)

Notable Quote:

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"We know it’s important for business owners to save on products and services they need to run their business smoothly. Visa SavingsEdge has delivered value to cardholders and issuers for years. Through this investment, we’re unlocking even more ways to save for Visa Small Business cardholders. Owning a small business can present challenges, and businesses need every advantage they can get, no matter the economic climate.”

Veronica Fernandez, SVP and North America Head at Visa Commercial Solutions

Our Take:

Visa's relaunch of Visa SavingsEdge comes at a crucial time for small businesses navigating economic challenges. The enhanced platform with new features like Instant Coupons and Cashback Offers aims to support SMBs in smarter spending and saving, fostering growth and economic optimism. As SMBs continue to demonstrate resilience and optimism for 2024, Visa’s investment in this program underscores its commitment to providing valuable tools and resources that empower small business owners to thrive.