Thredd Turns to Visa to Advance Cloud-First Strategy in APAC

Payments processor Thredd is partnering with Visa to move its infrastructure into the cloud for the Asia-Pacific region. For retailers and lenders, this shift signals a move toward faster, more reliable credit and payment processing systems that don't rely on aging physical data centers. By using Visa Cloud Connect, companies can plug directly into Visa’s global network through the cloud. This reduces the technical burden on businesses trying to launch new payment products or financing programs. While this specific update focuses on APAC, it reflects a global trend in fintech: the death of legacy hardware. For merchants, cloud-native processing means less downtime during peak shopping hours and the ability to roll out updates to financing apps or card programs in real-time. If you are a global merchant or a lender looking to expand into new markets, this tech makes it easier to keep your payment experience consistent across borders. It essentially lowers the barrier to entry for offering sophisticated financial products to your customers.

Source: PYMNTS

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