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Visa expands its service by introducing Visa Direct Payouts

Wednesday 31 March 2021 10:30 CET | News

Visa has announced the expansion of Visa Direct, a push payments platform, with the introduction of Visa Direct Payouts. 

The new solution allows Visa’s clients and partners around the world to use a single point of connection to push payments to eligible cards for domestic payouts, and eligible cards and/or accounts for cross-border payments.

Visa Direct Payouts supports domestic and cross border person-to-person (P2P), business-to-small business (B2SB) and business-to-consumer (B2C) use cases, such as insurance disbursements, marketplace seller payouts, providing workers access to their earnings, as well as remittances. 


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Keywords: Visa, product launch, cross-border payments, P2P, insurance, remittances
Categories: Payments & Commerce | Online Payments
Countries: World
This article is part of category

Payments & Commerce