As per the information detailed in the press release, the two companies extended their partnership for five years, aiming to improve global money movement and develop the company’s initial integration of Visa Direct. Through their extended collaboration, Remitly and Visa enable the former’s customers in more than 15 countries, including the US, Canada, the UK, and Australia, to send money directly to their family or acquaintances’ Visa debit card and bank accounts in more than 100 jurisdictions globally. Moreover, customers can track their transfers directly through the Remitly app, receiving transparency over their transactions.
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