"Visa announced the launch of Visa Intelligent Authorization, a new capability on the Visa Acceptance Platform that enables acquirers (banks and other financial institutions that process payments for merchants) to modernise their payment processing through a single API connection. Visa Intelligent Authorization helps address these challenges by providing a modern authorisation capability that can process transactions across major card networks through a single integration. The solution delivers 99.999% uptime1 and achieves an average approval rate of 96.3% globally, both industry‑leading benchmarks. It can be used as an acquirer’s main processor or as a complement to extend their capabilities."