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Our commitment to Supplier Inclusion
As an extension of our broader commitment to inclusion, Visa recognizes the value of an inclusive supply chain. We believe that providing opportunities for engagement with a broad group of suppliers, including small and micro-sized businesses (SMBs) provides a competitive advantage and reflects our customer base.
Visa works to provide access to resources and connections to funding to ensure SMBs have tools, resources and advice to grow including the Visa Small Business Hub.
Second-Tier Initiative
Visa recognizes that an effective Supplier Inclusion Program is an essential part of our company's success. The Second-Tier Initiative aims to enhance Visa's efforts to increase meaningful opportunities for inclusive suppliers. We strongly encourage our prime suppliers to participate in our Supplier Inclusion Program by establishing relationships with, and committing a percentage of expenditures to, inclusive suppliers. Participation in the Initiative demonstrates added value on the part of our prime suppliers.
Prime Supplier Accountability
Suppliers participating in the Second-Tier Initiative will be requested to report information and data on their specific use of Small & Micro Businesses.