Visa and Transcard: Transforming Freight Procurement

Visa and Transcard have joined forces on what they are calling the next-generation of embedded finance, with a platform designed to power payments and working capital solutions in the freight and logistics industry.

The pair are also collaborating on agentic initiatives for the B2B segment.

"At Visa, we're focused on building the future of payments through secure, scalable and intelligent commercial solutions," says Darren Parslow, Global Head of Visa Commercial Solutions.

"Our partnership with Transcard reflects our commitment to advancing the industry, leveraging our technology and expertise to help businesses streamline operations and grow with confidence in a rapidly-evolving global market."

Transforming digital freight booking and payment

The partnership will help to install credit and working capital solutions for freight forwarders and airline carriers on WebCargo by Freightos, a digital booking and payment platform in the freight industry.

By blending Visa's global expertise in commercial solutions with Transcard's leading-edge payment orchestration technology, WebCargo users gain access to flexible credit terms, seamless onboarding and automated reconciliation for air cargo transactions.

This embedded finance platform generates significant procurement value by automating payments and reconciliation processes, reducing manual effort and errors, thereby cutting operational costs. Procurement teams benefit from improved working capital management through extended and flexible credit terms, allowing better cash flow optimisation and strategic allocation of funds.

Additionally, early payment incentives and dynamic discounting enabled by the platform help secure preferential supplier terms and cost savings.

"At Freightos, our mission is to make global trade frictionless," adds Zvi Schreiber, CEO of Freightos.

"That means not only helping importers, exporters and freight forwarders to instantly compare, book and manage freight services online – but also making it easier to pay for those services in a modern, seamless way.

"Our partnership with Visa and Transcard brings us one step closer to a future where international trade is as easy to transact as booking a flight or taxi online."

Agentic AI drives commercial innovation

The platform is built on Visa's virtual card infrastructure, which helps to open up cash flow bottlenecks between freight forwarders and airlines, while raising the digital freight booking and payment experience for all participants.

By providing real-time financial visibility and actionable AI insights, the platform enhances supplier relationship management and mitigates supply risk through more predictable and timely payments. Procurement professionals gain better control and transparency over supplier transactions, which supports strategic sourcing and resiliency.

Visa and Transcard are investigating agentic applications within the B2B sector, while Visa Intelligent Commerce (VIC) is developing commercial standards and tools enabling agents to connect with suppliers and conduct secure transactions.

Transcard has integrated agentic functionality into its platform to automate processes, generate proactive insights and enhance customers' cash flow management. Combined, these features are designed to provide dynamic payment orchestration, optimised working capital management and actionable intelligence throughout agent-driven commerce workflows.

"This partnership strengthens our embedded B2B payment and working capital solution and delivers intelligent payment orchestration with agentic AI functionality," adds Greg Bloh, Transcard CEO.

"Together with Visa, we're elevating the digital freight booking and payment experience for WebCargo by Freightos and driving innovation across the sector."

These collaborations reflect a continued commitment to advancing digital transformation in freight by fostering greater connectivity, operational efficiency and financial agility for airlines, forwarders and their customers.

By streamlining the procurement payment lifecycle and embedding financing options seamlessly into the freight platform, the solution fosters agility and innovation in supply chain finance.

Procurement teams can leverage these tools to enhance supplier collaboration, drive cost efficiencies and support broader business goals such as sustainability, compliance and risk mitigation.

"This partnership underscores Visa's investment in embedded finance and agentic commerce to become a key enabler of innovation in the commercial payment space," says Piyush Tiwari, Head of Global Strategic Partnerships at Visa Commercial Solutions.

"Specifically, our integrated approach with Transcard and Freightos connects the dots for both airlines and freight forwarders and offers working capital efficiencies that can help drive real business growth.

"We are proud to support WebCargo by Freightos in shaping a smarter, more resilient freight ecosystem."