Visa Introduces Three New Products To Boost Client Growth, Stock Down In Pre-Market

(RTTNews) - Visa Inc. (V), Thursday announced the addition of three new products - reimagined Authorize.net, Unified Checkout and the ARIC Risk Hub to its portfolio.

The company said that these new services would help businesses harness data-driven insights, simplify the checkout experience, and fight fraud more effectively than ever.

With AI capabilities, the reimagined Authorize.net platform will improve day-to-day management and support for in-person card readers and Tap to Phone.

Meanwhile, Unified Checkout will decrease the likelihood of lost sales at the point of checkout, and ARIC Risk Hub provides protection against a broad spectrum of fraud and financial crime.

In the pre-market hours, Visa's stock is trading at $333.90, down 3.59 percent on the New York Stock Exchange.