Latest news with #VPC
Yahoo
5 days ago
- Business
- Yahoo
Virtual Private Cloud (VPC) Market to Reach $60 Billion by 2034, Growing at 9% CAGR
Virtual Private Cloud (VPC) Market Report (2025–2034) Luton, Bedfordshire, United Kingdom, June 03, 2025 (GLOBE NEWSWIRE) -- Executive Summary The global Virtual Private Cloud (VPC) market is projected to grow from $25 billion in 2024 to approximately $60 billion by 2034, registering a CAGR of 9% over the forecast period. This growth is primarily driven by the increasing demand for secure, scalable, and customizable cloud solutions across industries. Enterprise demand for advanced cloud infrastructure is rising as businesses strive to optimize costs, enhance data security, and maintain regulatory compliance. The integration of AI, machine learning, and hybrid cloud architectures is accelerating VPC adoption, particularly in sectors like IT, BFSI, and healthcare. Get a Sample PDF Brochure: Key Market Drivers 1. Growing Need for Secure and Scalable Cloud Infrastructure Security as a Priority: As data breaches and ransomware attacks escalate, enterprises demand isolated, secure, and encrypted environments—which VPCs provide through features like network segmentation, firewall rules, and access control. Scalability Benefits: VPCs allow organizations to scale applications and workloads dynamically, without compromising data security or performance. 2. Increasing Compliance with Data Privacy Regulations Regulatory Pressure: Global regulations such as GDPR (Europe), CCPA (California), PDPA (Singapore), and HIPAA (US Healthcare) are compelling enterprises to shift from public to compliance-ready private cloud environments. VPC Advantage: VPCs help enterprises achieve data residency, auditability, and fine-grained policy control, reducing legal risks. 3. Rising Adoption of Hybrid and Multi-Cloud Strategies Enterprises are avoiding vendor lock-in by spreading workloads across different cloud environments. VPCs offer seamless connectivity between public and private clouds, facilitating consistent performance and governance. Hybrid setups also allow latency-sensitive workloads to stay on-premise while leveraging the cloud for elasticity and scale. 4. Integration of AI/ML for Intelligent Data Management Cloud service providers are embedding AI/ML models into VPC environments for: Predictive threat detection Real-time anomaly monitoring Automated resource scaling and performance optimization AI-powered VPCs can automatically flag risks, recommend configurations, and even self-heal networks. 5. Expansion of Remote Work and Collaboration Needs The post-pandemic rise in remote and hybrid workforces has driven the need for secure, anytime-anywhere access to data and applications. VPCs offer VPN-integrated, access-controlled environments suitable for distributed teams and collaboration across geographies. Market Restraints 1. Cloud Security Misconceptions Affecting Adoption Some organizations, especially SMEs and public institutions, still believe public or virtualized cloud environments are inherently unsafe. Lack of awareness of VPC benefits (like isolation, encryption, and auditability) slows market penetration. 2. Vendor Lock-In Concerns Deterring Cloud Transitions Customers are wary of getting tied into proprietary APIs, tools, and pricing models from single cloud vendors. Interoperability limitations and data migration challenges often delay decisions to fully commit to VPC platforms. 3. Supply Chain Volatility Impacting Service Continuity Global chip shortages, geopolitical tensions, and rising energy costs have led to delays in data center expansions and cloud infrastructure upgrades, especially in emerging markets. These disruptions affect VPC service provisioning and long-term cost planning. 4. Price Competition Reducing Provider Margins Intense competition among hyperscalers like AWS, Microsoft Azure, and Google Cloud is compressing margins, especially in emerging regions. Providers are under pressure to offer high-performance VPC solutions at lower costs, limiting investment in innovation and customer support. Browse full Report - Key Market Opportunities 1. Expansion into Healthcare and BFSI with Compliance-Focused VPCs Healthcare (with HIPAA, HL7) and BFSI (with PCI-DSS, SOX, Basel II) demand VPCs with enhanced compliance and audit features. Opportunity to offer industry-specific VPC templates and managed services. 2. Hybrid VPC Solutions Offering Flexibility and Governance Hybrid VPCs (linked to on-premises systems) are ideal for large enterprises seeking gradual migration paths. Providers can capitalize on this by offering connectivity tools (e.g., Direct Connect, Azure ExpressRoute) and policy engines. 3. AI/ML Integration for Predictive Analytics and Automation By embedding machine learning into VPC management consoles, vendors can offer: Forecast-based resource scaling Automated threat detection Data governance recommendations This improves operational efficiency and enhances user experience, especially for enterprises with limited IT staff. 4. Subscription-Based Models Lowering Entry Barriers for SMEs Introducing pay-as-you-go VPC offerings, bundled with cloud credits, support, and basic compliance tools, makes adoption easier for: Startups and SMEs NGOs Academic institutions Opportunity to tap into underserved midmarket segments in Asia-Pacific, LATAM, and MEA. Market Segmentation By Product Type Infrastructure as a Service (IaaS) – Largest share; driven by scalability and cost-effectiveness Platform as a Service (PaaS) – Rapid growth; supports development environments Software as a Service (SaaS) – Expansion fueled by remote collaboration tools By Deployment Model Public VPC – Popular for startups and dynamic scaling Private VPC – Essential for data-sensitive industries (healthcare, BFSI) Hybrid VPC – Rising in demand for operational flexibility By Application Data Storage Disaster Recovery Development and Testing By End User Small & Medium Enterprises (SMEs) – Gaining access to enterprise-grade tools Large Enterprises – Focused on scalability, performance, and compliance By Industry Vertical IT & Telecommunications – Dominant end-user Banking, Financial Services & Insurance (BFSI) – Data protection and compliance Healthcare – Accelerated digital transformation post-pandemic Government, Retail, Manufacturing, and Others By Technology Managed Services Hybrid Cloud By Distribution Channel Direct Sales Online Sales Buy Now : Regional Analysis North America ~40% Market Share | Mature Cloud Ecosystem Key Highlights: Market Maturity: North America, led by the U.S. and Canada, is the most mature market for cloud computing and VPC adoption. Enterprises across sectors have already transitioned large parts of their IT infrastructure to the cloud. Tech Giants & Cloud Leaders: Major cloud providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud dominate the VPC space, offering advanced security, scalability, and customization options. Sector Adoption: High adoption in banking, healthcare, government, media, and retail. Heavily regulated industries prefer VPCs for compliance with data security standards (HIPAA, CCPA, etc.). Investment Focus: Emphasis on hybrid and multi-cloud environments, zero-trust architectures, and AI/ML-driven security within VPCs. Market Drivers: Need for data protection and compliance. Cybersecurity threats and ransomware mitigation. Broad 5G rollout supporting cloud-native apps and edge computing. Asia-Pacific (APAC) Fastest-Growing Region | ~12% CAGR (2025–2034) Key Highlights: Rapid Digital Transformation: Governments and enterprises are rapidly modernizing IT infrastructure, especially in India, China, Japan, Australia, and Southeast Asia. Public & Private Sector Demand: VPCs are increasingly used in fintech, healthcare, manufacturing, and smart city projects. Government Initiatives: National programs like Digital India, Smart Nation Singapore, and China's 14th Five-Year Plan promote cloud adoption. Localized Data Centers: Global cloud providers are expanding regional data centers to comply with data residency laws. Market Drivers: Surging internet penetration and mobile usage. Cloud-native startups and SMEs migrating to VPCs. Demand for affordable, scalable, and secure IT infrastructure. Europe Regulatory-Driven Growth | Emphasis on Data Sovereignty Key Highlights: GDPR Compliance: Stringent data privacy regulations (e.g., GDPR) are a key catalyst for VPC adoption, especially in Germany, France, the UK, and the Nordics. Security Focus: Enterprises seek private, encrypted environments for storing and processing sensitive data in sectors like BFSI, public sector, and healthcare. Cloud Sovereignty Projects: Initiatives like GAIA-X (EU's cloud project) encourage VPC deployment within European borders. Market Drivers: Rising demand for cyber-resilient cloud solutions. Support for open-source VPC and cloud platforms. Focus on eco-friendly cloud infrastructure and sustainability. Latin America & Middle East & Africa (MEA) Emerging Markets | Growing Cloud Investments Latin America: Key Countries: Brazil, Mexico, Chile. Growth Factors: Government initiatives to digitize public services and expand cloud usage in education, healthcare, and finance. Infrastructure Challenges: Still addressing bandwidth issues, latency, and data center availability in remote areas. Middle East & Africa (MEA): Key Countries: UAE, Saudi Arabia, South Africa, Kenya. Cloud Expansion: Governments in the UAE and Saudi Arabia are investing in smart governance, e-health, and smart city solutions, driving VPC demand. Data Sovereignty: Emerging regulations are pushing providers to localize cloud infrastructure. Market Drivers: Cost-effective digital transformation. Need for secure platforms for government and financial services. Entry of global cloud players building local partnerships. Major Players Amazon Web Services (AWS) Microsoft Azure Google Cloud Platform IBM Cloud Oracle Cloud Alibaba Cloud VMware Rackspace Technology OVHcloud Linode DigitalOcean Epsilon Telecommunications BMC Software HPE (Hewlett Packard Enterprise) Recent Developments : 1. Amazon Web Services (AWS) In November 2023, AWS introduced enhanced features for its Virtual Private Cloud (VPC) service, focusing on improved network security and streamlined user management. These updates allow users to create multiple isolated networks, facilitating better organization and management of resources. This development underscores AWS's commitment to providing robust and flexible cloud solutions that cater to varying customer needs, particularly in sectors with stringent compliance requirements. 2. Microsoft Azure In October 2023, Microsoft announced a strategic partnership with WSO2 to encourage startups in India to develop cloud-native applications on Microsoft Azure using Choreo, WSO2's cloud-native internal developer platform. This collaboration aims to strengthen the Indian startup ecosystem by providing startups with comprehensive access to cloud-native app development resources, support, and technical expertise. The partnership is set to bring Choreo to the forefront, facilitating the development of innovative solutions tailored to the Indian market. 3. Google Cloud In September 2023, Google Cloud launched a suite of Artificial Intelligence (AI) tools integrated within its Virtual Private Cloud services. This technological advancement enables customers to deploy AI-driven applications seamlessly alongside their existing VPC resources. The integration enhances Google's competitive positioning by combining cloud infrastructure with cutting-edge AI capabilities, which are increasingly critical for businesses aiming to leverage data analytics and machine learning. 4. IBM Cloud In August 2023, IBM announced its expansion into several underserved markets in South Asia with its Virtual Private Cloud offerings. This expansion includes the establishment of localized data centers, adhering to regional data sovereignty laws and ensuring faster access to cloud services. IBM's strategic positioning aims to capture market share in regions where cloud adoption is still nascent, providing compliant and localized services to address regulatory concerns and build trust with potential clients. 5. Oracle Cloud In July 2023, Oracle completed a merger with a prominent Indian cloud solutions provider, enhancing its capabilities within the Indian cloud landscape. This merger allows Oracle to strengthen its competitive position by tapping into the local provider's established customer base and expertise in navigating the regional market. Strategically, this merger signifies a broader trend of consolidation in the cloud market, where companies align to create integrated solutions catering to diverse market segments. This report is also available in the following languages : Japanese (仮想プライベートクラウド市場), Korean (가상 사설 클라우드 시장), Chinese (虚拟私有云市场), French (Marché du cloud privé virtuel), German (Markt für virtuelle private Clouds), and Italian (Mercato del cloud privato virtuale), etc. Get a Sample PDF Brochure: More Research Finding – Cloud Integration Software MarketThe global cloud integration software market is poised to reach approximately $10.5 billion by 2024, driven by escalating demand for seamless connectivity across applications and services. This market is projected to exhibit robust growth, with an estimated value of $24 billion by 2034, reflecting the increasing digital transformation initiatives across various Hybrid Cloud MarketThe hybrid cloud market is expected to grow at 17.0% CAGR from 2023 to 2029. It is expected to reach above USD 205.83 billion by 2029 from USD 50.1 billion in Harnessing the Industrial Cloud Platform MarketThe industrial cloud platform market is poised for significant growth, with an estimated market value of approximately $28 billion in 2024. Forecasts indicate that this value could surge to around $85 billion by 2034, reflecting an impressive Compound Annual Growth Rate (CAGR) of approximately 12.2% over the period from 2025 to Integration Platform as a Service iPaaS MarketThe Global Integration Platform as a Service (iPaaS) market is valued at approximately $8.2 billion, driven by the increasing need for organizational agility and operational efficiency. The market is forecasted to reach around $20.5 billion by 2034, indicating substantial growth U.S. Healthcare Cloud Computing MarketThe U.S. healthcare cloud computing market is valued at approximately $18.5 billion in 2024 and is projected to reach $47.2 billion by 2034, reflecting a robust growth trend. This growth corresponds to a Compound Annual Growth Rate (CAGR) of around 9.6% during the forecast period from 2025 to US Cloud Security MarketThe U.S. cloud security market is valued at approximately $20 billion in 2024, driven by the rising need for data protection and compliance amid increasing cyber threats. With businesses increasingly migrating to cloud platforms, the demand for robust security solutions is surging. The market is projected to reach around $45 billion by 2034, indicating significant growth fueled by digital transformation across US Internet Of Things Cloud Platform MarketThe U.S. Internet of Things (IoT) cloud platform market is poised for significant growth, with an estimated market value of $12 billion in 2024. Forecasts suggest this value will reach approximately $41 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of around 13% over the forecast period from 2025 to Internet of Things Cloud Platform MarketThe global IoT cloud platform market is projected to reach a value of approximately $75 billion in 2024. With the increasing adoption of connected devices and smart technologies, the market is expected to grow significantly, reaching an estimated $300 billion by 2034. This reflects a robust Compound Annual Growth Rate (CAGR) of about 15.5% during the forecast period from 2025 to Everything-as-a-Service MarketThe global Everything-as-a-Service market is anticipated to grow from USD 502.14 Billion in 2024 to USD 2293.71 Billion by 2034, at a CAGR of 18.94% during the forecast period. Bioinformatics Cloud Platform MarketThe bioinformatics cloud platform market is expected to grow at 13.2% CAGR from 2022 to 2029. It is expected to reach above USD 7.39 billion by 2029 from USD 2.42 billion in Cloud Robotics MarketThe Cloud Robotics Market is expected to grow at 25.3% CAGR from 2022 to 2029. It is expected to reach above USD 34.64 billion by 2029 from USD 5.7 billion in Cloud Application MarketThe global cloud computing market size was estimated at USD 380.54 billion in 2020 and is projected to grow USD 1612.04 billion by 2029 at a CAGR of 18.2% during the forecast Cloud Infrastructure Services MarketThe cloud infrastructure services market is expected to grow at 18 % CAGR from 2022 to 2029. It is expected to reach above USD 382.07 billion by 2029 from USD 86.14 billion in Communication Platform as A Service MarketThe communication platform as a service market is expected to grow at 32% CAGR from 2023 to 2029. It is expected to reach above USD 77.61 billion by 2029 from USD 5.98 billion in Cloud Compliance MarketThe global cloud compliance market is valued at approximately $3.5 billion, driven by increasing regulatory demands and the necessity for businesses to manage their data securely across cloud environments. The market is projected to reach about $8.2 billion by 2034, reflecting a robust growth Cloud Infrastructure Entitlement Management CIEM MarketThe Cloud Infrastructure Entitlement Management (CIEM) market is poised for substantial growth, with an anticipated market value of approximately $2 billion in 2024. Projections suggest that the market will expand to around $6 billion by 2034, reflecting increasing demand for security solutions in cloud environments. This trend is fueled by the rising adoption of cloud services across various industries, escalating concerns regarding identity and access management, and the growing prevalence of data Cloud-Based Information Governance marketThe cloud-based information governance market is valued at approximately $10 billion in 2024, driven by the increasing need for data compliance and security across industries. This market is projected to grow significantly, reaching an estimated value of $24 billion by 2034. The forecasted Compound Annual Growth Rate (CAGR) for the period from 2025 to 2034 is approximately 9.2%. SAAS-Based Business Analytics marketThe global SaaS-based business analytics market is valued at approximately $70 billion in 2024, reflecting a robust demand for data-driven decision-making tools across industries. Analysts project significant growth, forecasting the market will reach around $150 billion by 2034, representing a Compound Annual Growth Rate (CAGR) of approximately 8.1% during the forecast period of Connected Vehicle Cloud MarketThe global Connected Vehicle Cloud market is valued at approximately $12 billion in 2024 and is projected to reach around $37 billion by 2034, reflecting robust growth in the sector. This represents a Compound Annual Growth Rate (CAGR) of approximately 12% during the forecast period from 2025 to Cloud Security Posture Management MarketThe cloud security posture management (CSPM) market is expected to be valued at approximately $3.5 billion in 2024, with a robust growth trajectory projected through the forecast period of 2025 to 2034. By 2034, the market is anticipated to reach around $12 billion, reflecting an impressive compound annual growth rate (CAGR) of approximately 14%, driven by increasing cloud adoption and the growing demand for regulatory CONTACT: Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in to access your portfolio
Yahoo
11-04-2025
- Business
- Yahoo
Cloudflare Launches Workers VPC and VPC Private Link, Unleashing Developers to Build Secure Cross-Cloud Applications
Developers can now build secure global apps on Cloudflare Workers while seamlessly connecting to data in legacy clouds and on-premises networks SAN FRANCISCO, April 11, 2025--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced Workers VPC and Workers VPC Private Link, new solutions that enable developers to build secure, global cross-cloud applications on Cloudflare Workers. Now, developers can build business applications with their preferred platform – eliminating the barriers of existing infrastructure and legacy public clouds. Many organizations today have Virtual Private Clouds (VPC) – secure, isolated networks within a public cloud where they can run and control things like servers, databases, and applications with customizable networking and access. However, VPCs have become restrictive for modern developers, preventing adoption of newer, best-in-class cloud products. Traditional VPCs require developers to take on complex networking projects in order to connect different environments and existing databases to modern compute platforms. Legacy clouds often charge substantial egress fees for moving data between regions or outside of the boundaries of the VPC, effectively trapping an organization's data within it. Moving data between clouds can introduce complex security requirements, requiring higher cost and overhead for security teams. Today's enterprises need a private, secure way to innovate and build with the best-in-class cloud platforms that developers prefer. "We constantly hear from developers that they want the freedom to build with Cloudflare Workers, but legacy cloud providers make it challenging," said Matthew Prince, co-founder and CEO of Cloudflare. "Developers deserve to be able to build with whatever tools they want, no matter where their data lives or what infrastructure they rely on. With our expertise across networking, security and privacy, we have all the right pieces in place that make Cloudflare Workers the best place for developers to build and connect the next generation of applications." Workers VPC and Workers VPC Private Link will enable organizations to build applications on Workers and still access their core business data, without compromising on security. Workers VPC is a modern approach to the traditional VPC model – built for a network and compute workloads that are not tied to a single region. It groups an application's Cloudflare resources into isolated environments, where only resources within a Workers VPC can access one another. Workers VPC Private Link connects a Workers VPC to an external VPC in a public or private cloud to enable secure connectivity to resources as if they were in a single cloud environment, effectively creating a unified VPC across clouds. Together, these innovations will empower developers to build global apps on Workers that connect to legacy public clouds and traditional datacenters, making it simple for developers to access modern cloud resources in a way that scales. Workers VPC and Workers VPC Private Link are built on the foundation of Cloudflare's extensive private networking products and will be available later this year. Sign up here to learn more. To learn more, please check out the resources below: Blog: A global virtual private cloud for building secure cross-cloud apps on Cloudflare Workers Cloudflare Developer Platform About Cloudflare Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company on a mission to help build a better Internet. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare's connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business. Powered by one of the world's largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations – from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe. Learn more about Cloudflare's connectivity cloud at Learn more about the latest Internet trends and insights at Follow us: Blog | X | LinkedIn | Facebook | Instagram Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expect," "explore," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential," or "continue," or the negative of these words, or other similar terms or expressions that concern Cloudflare's expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of Workers VPC and Workers VPC Private Link, Workers and Cloudflare's other products and technology, the benefits to Cloudflare's customers from using Workers VPC and Workers VPC Private Link, Workers and Cloudflare's other products and technology, the timing of when Workers VPC and Workers VPC Private Link or any of the related features will be developed and available in beta form, or generally available, to all current and potential Cloudflare customers, Cloudflare's technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare's CEO and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare's filings with the Securities and Exchange Commission (SEC), including Cloudflare's Annual Report on Form 10-K filed on February 20, 2025, as well as other filings that Cloudflare may make from time to time with the SEC. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare's forward-looking statements, and you should not place undue reliance on Cloudflare's forward-looking statements. © 2025 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners. View source version on Contacts Cloudflare, VallurupalliVice President, Head of Global Communicationspress@ Sign in to access your portfolio
Yahoo
29-03-2025
- Business
- Yahoo
QorPay Collaborates with Cybersource to Enhance Payment Processing Capabilities
SCOTTSDALE, Ariz., March 27, 2025--(BUSINESS WIRE)--QorPay Inc., a leading provider of innovative payment solutions, is pleased to announce a technology integration with Cybersource, an open, network-agnostic ecosystem from Visa Acceptance Solutions, that offers modular payments services that can be linked to an app store for sellers. QorPay has integrated Visa Platform Connect (VPC) and other Visa value-added services into QorPay's payment ecosystem, enhancing security, efficiency and scalability for businesses in North America. "We are excited to collaborate with Cybersource to bring the next-generation of payments to our customers," said Executive Board Member Ken Paull of QorPay. "By integrating with Visa's value-added services, we can empower businesses with a more secure, flexible, and efficient way to manage payments, reinforcing our commitment to innovation in the fintech space." By adding Visa's cutting-edge technology to its suite of client-led products, QorPay aims to enhance return on investment to payments for businesses across the world. This integration will enable organizations to streamline transactions, orchestrate data, reduce risk of fraud, and improve expense management through a single pane dashboard. "Teaming up with QorPay is an exciting step for us, as we tap into Visa's Acceptance Solutions suite to boost efficiency and security for businesses everywhere," said Bill Serino, Senior Vice President and Head of Visa Value-Added Services in North America. "By integrating Visa Platform Connect, QorPay will enhance their services and provide merchants with a streamlined and safer payment experience." This collaboration marks a significant milestone in QorPay's mission to deliver state-of-the-art payment solutions to businesses of all sizes. The solution is currently live in North America. To schedule a meeting in Las Vegas with QorPay next week during the TRANSACT conference at the Mandalay Bay Resort & Casino, please email investors@ About QorPay QorPay is a leading fintech company specializing in advanced payment processing solutions for businesses across industries. With a focus on security, efficiency, and seamless user experiences, QorPay delivers cutting-edge technology to simplify digital payments. For more information, please visit or contact investors@ View source version on Contacts Media Contact Peggy Bekavac OlsonStrategic Marketing for QorPay480.510.8120 / qorpay@ Sign in to access your portfolio
Yahoo
29-03-2025
- Business
- Yahoo
QorPay integrates with Visa's Cybersource to support secure payments
Payment solutions provider QorPay has integrated 'open, network-agnostic ecosystem' Cybersource from Visa Acceptance Solutions. Acceptance Solutions provides 'modular payment services', which can be integrated with an app store for vendors. This collaboration is said to boost security for businesses in North America. The integration incorporates Visa Platform Connect (VPC) and other Visa value-added services into QorPay's payment ecosystem. By leveraging Visa's technology, QorPay enable clients to simplify transactions, mitigate fraud risks, orchestrate data, and optimise expense management through a unified dashboard. The solution is currently operational in the North American market. QorPay executive board member Ken Paull said: 'We are excited to collaborate with Cybersource to bring the next-generation of payments to our customers. By integrating with Visa's value-added services, we can empower businesses with a more secure, flexible, and efficient way to manage payments, reinforcing our commitment to innovation in the fintech space.' "Teaming up with QorPay is an exciting step for us, as we tap into Visa's Acceptance Solutions suite to boost efficiency and security for businesses everywhere," said Bill Serino, Senior Vice President and Head of Visa Value-Added Services in North America. "By integrating Visa Platform Connect, QorPay will enhance their services and provide merchants with a streamlined and safer payment experience." Recently, Visa also made headlines for its partnership with Worldpay to launch the Click to Pay feature to merchants in the UK. "QorPay integrates with Visa's Cybersource to support secure payments " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
27-03-2025
- Business
- Yahoo
QorPay Collaborates with Cybersource to Enhance Payment Processing Capabilities
SCOTTSDALE, Ariz., March 27, 2025--(BUSINESS WIRE)--QorPay Inc., a leading provider of innovative payment solutions, is pleased to announce a technology integration with Cybersource, an open, network-agnostic ecosystem from Visa Acceptance Solutions, that offers modular payments services that can be linked to an app store for sellers. QorPay has integrated Visa Platform Connect (VPC) and other Visa value-added services into QorPay's payment ecosystem, enhancing security, efficiency and scalability for businesses in North America. "We are excited to collaborate with Cybersource to bring the next-generation of payments to our customers," said Executive Board Member Ken Paull of QorPay. "By integrating with Visa's value-added services, we can empower businesses with a more secure, flexible, and efficient way to manage payments, reinforcing our commitment to innovation in the fintech space." By adding Visa's cutting-edge technology to its suite of client-led products, QorPay aims to enhance return on investment to payments for businesses across the world. This integration will enable organizations to streamline transactions, orchestrate data, reduce risk of fraud, and improve expense management through a single pane dashboard. "Teaming up with QorPay is an exciting step for us, as we tap into Visa's Acceptance Solutions suite to boost efficiency and security for businesses everywhere," said Bill Serino, Senior Vice President and Head of Visa Value-Added Services in North America. "By integrating Visa Platform Connect, QorPay will enhance their services and provide merchants with a streamlined and safer payment experience." This collaboration marks a significant milestone in QorPay's mission to deliver state-of-the-art payment solutions to businesses of all sizes. The solution is currently live in North America. To schedule a meeting in Las Vegas with QorPay next week during the TRANSACT conference at the Mandalay Bay Resort & Casino, please email investors@ About QorPay QorPay is a leading fintech company specializing in advanced payment processing solutions for businesses across industries. With a focus on security, efficiency, and seamless user experiences, QorPay delivers cutting-edge technology to simplify digital payments. For more information, please visit or contact investors@ View source version on Contacts Media Contact Peggy Bekavac OlsonStrategic Marketing for QorPay480.510.8120 / qorpay@ Sign in to access your portfolio
