Visa purchasing card draws interest at global conference

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San Francisco--Chile and Banco de Chile announced plans to launch the first Visa Purchasing card program in the country to streamline government procurement processes and reduce operational costs. The announcement was made at a global conference in Barcelona, where Visa International outlined global plans for electronic b-to-b payments. The purchasing program will be developed with the Procurement State Management Agency, which is responsible for negotiating standard contracts with numerous suppliers.
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