Visa Direct news and trends

Card Networks Challenge FinTechs for Account-to-Account Payments Share
Payments Innovation // December 16, 2024

Earlier this year, PYMNTS Intelligence found that more than half of consumers were not aware of pay-by-bank options, or were hesitant to use them. In an age where relationships with banks are nearly ubiquitous — the Federal Reserve noted last month that just about 96%...

Visa Direct to Enable Delivery of Money in US Within 1 Minute Starting in April
Faster Payments // December 12, 2024

Visa will begin enabling faster delivery of money with Visa Direct, making funds transferred to U.S. bank accounts available within one minute. This capability will begin in April 2025, allowing consumers, businesses and governments to use Visa Direct to deposit money to bank accounts linked...

Visa Direct, Zelis and Dash Solutions Partner on Healthcare Disbursements
Healthcare // November 19, 2024

Visa Direct, Zelis and Dash Solutions have teamed up to simplify and expedite healthcare disbursements. This collaboration allows members to choose their preferred payment method and receive payments within minutes of approval, the companies said in a Tuesday (Nov. 19) press release. It also lessens...

Visa Direct Teams With Coinbase for Real-Time Crypto Deposits
Cryptocurrency // October 30, 2024

Visa has launched a money movement partnership with cryptocurrency exchange Coinbase. The collaboration connects Coinbase to the Visa Direct network, letting the exchange’s customers deposit funds into their accounts via eligible Visa debit cards, according to a Tuesday (Oct. 29) news release. “Bringing this feature to our...

Interviews & Exclusives
Visa: 80% of Face-to-Face Transactions Internationally Are Tap to Pay

July 23, 2024
Visa’s fiscal third quarter results showed continued momentum in new payment flows — and further embrace of contactless payments in brick-and-mortar, face-to-face transactions. CEO Ryan McInerney said on the conference call with analysts Tuesday (July 23) that tap to pay grew 4 percentage points from last year to 80% of face-to-face transactions globally, excluding the […]

P2P Transaction Volume Up 25% as Firms Rush to the Space

August 09, 2023
Peer-to-peer (P2P) payments, a long-standing vehicle for transactions between consumers, has evolved recently into usage between merchants and consumers as well. The steady growth of P2P transactions for any purpose...

Visa Backs TerraPay to Connect Digital Wallets to Cross-Border Commerce

May 10, 2023
Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true in emerging markets, where the...

Visa Direct Transactions Surge 36% as Real Time Money Movement Gains Ground

October 25, 2022
Three years into the pandemic, and Visa’s Tap to Pay continues its steady march, with real-time payments and faster payouts — through Visa Direct — also proving popular on an...

Quick Reads
CARD.com Taps Visa Direct to Expand Financial Services Globally

December 16, 2024
CARD.com now enables its users to make cross-border payments via Visa Direct. This offering results from a collaboration between CARD.com, which is a FinTech specializing in mobile banking and card payments, and Visa, the companies said in a Monday (Dec. 16) press release. CARD.com users can now benefit from card-based payments in more than 180 […]

Visa Direct to Enable Delivery of Money in US Within 1 Minute Starting in April

December 12, 2024
Visa will begin enabling faster delivery of money with Visa Direct, making funds transferred to U.S. bank accounts available within one minute. This capability will begin in April 2025, allowing...

Visa Direct, Zelis and Dash Solutions Partner on Healthcare Disbursements

November 19, 2024
Visa Direct, Zelis and Dash Solutions have teamed up to simplify and expedite healthcare disbursements. This collaboration allows members to choose their preferred payment method and receive payments within minutes...

Visa Direct Teams With Coinbase for Real-Time Crypto Deposits

October 30, 2024
Visa has launched a money movement partnership with cryptocurrency exchange Coinbase. The collaboration connects Coinbase to the Visa Direct network, letting the exchange’s customers deposit funds into their accounts via eligible Visa...