Nationwide Extends 35-Year Partnership with Visa to Launch Next-Gen Payment Solutions

Nationwide Extends 35-Year Partnership with Visa to Launch Next-Gen Payment Solutions

(IN BRIEF) Visa will remain Nationwide’s preferred scheme provider under a renewed agreement that extends their 35-year partnership. The expanded deal includes debit, credit, and account-to-account payment services, and will focus on delivering innovative, secure, and seamless payment experiences for Nationwide’s 16 million members. The two organizations also plan to collaborate on community-focused initiatives to support the UK’s high streets and promote digital innovation in financial services.

(PRESS RELEASE) LONDON, 24-Apr-2025 — /EuropaWire/ — Visa has been reaffirmed as the preferred payments scheme partner for Nationwide, the UK’s largest building society, in a renewed agreement that extends their 35-year collaboration. Under the new arrangement, Visa will continue to provide debit and credit card services to Nationwide’s 16 million members, while also introducing expanded services that include account-to-account payments—marking a first for the partnership.

The renewed deal is set to accelerate the rollout of cutting-edge payment experiences for Nationwide’s current account and credit card holders. As part of the expanded remit, Visa and Nationwide will jointly focus on delivering seamless user experiences and strengthening fraud protection measures, aligning with evolving payment needs across all channels.

Visa and Nationwide also plan to co-develop a number of new initiatives to benefit UK communities, with announcements on joint programmes expected in the near future.

Tom Riley, Director of Retail Products at Nationwide, emphasized the strategic importance of the extended partnership: “Teaming up with Visa once again ensures we can offer our members advanced, secure, and flexible payment tools. We’re excited to explore new innovations together that will keep us at the forefront of the UK’s financial services.”

Mandy Lamb, Managing Director for UK & Ireland at Visa, added: “Our renewed partnership with Nationwide reflects a shared commitment to improving customer experiences while prioritizing safety and reliability. With £8 billion invested in technology over the past five years, we are poised to help Nationwide deliver secure, frictionless payments to millions of people across the UK.”

The agreement underscores both organizations’ commitment to supporting digital transformation in the UK’s financial ecosystem while continuing to champion local communities and high street vitality.

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SOURCE: Visa