Visa Inc. is working fast to expand its foothold in cross-border remittances, a relatively new market for the card network. On Wednesday, MoneyGram International Inc. announced it is the first remittance service to allow international transfers that rely on Visa Direct, a push-payment service that enables real-time transfers to holders …
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Visa Direct Comes to QuickBooks; Libra Attracts Supporters; Mercator Releases Prepaid Card Report
Intuit To Bring More Small And Mid-Sized Businesses to Visa Direct
Small and mid-sized businesses using Intuit Inc.’s QuickBooks accounting software and payment-processing service will be able to get funds faster through Visa Inc.’s Visa Direct service, the companies announced Wednesday. Mountain View, Calif.-based Intuit rolled out Instant Deposit for its SMB customers using QuickBooks Payments. Instant Deposit uses the Visa …
Read More »PayPal Launches Instant Transfer in Canada Using Visa Direct
PayPal Holdings Inc. added Instant Transfer capability for individuals and small businesses in Canada. The move relies on Visa Direct, a real-time push-payments service. Announced Tuesday, the service can move money from a PayPal account to a bank account via a Visa debit card. All transfers are subject to a …
Read More »Hacked Patient Data Already for Sale; Glance’s Pay-at-the-Table Feat; Western Union Adds Visa Direct
Western Union Adds Visa Direct and other Digital Transactions News briefs from 6/5/19
The Western Union Co. said it will enable Visa Inc.’s Visa Direct real-time push-payment service. The move follows the remittance-processing company’s announcement in late 2017 that it would adopt Mastercard Inc.’s rival service, Mastercard Send. Merchant processor VizyPay launched a program called Cash Discount 2.0, which calls for merchants to …
Read More »C-Store Acceptance Costs Rise; Gen Z’s Affection for E-Gift Cards; Checkbook Enlists Visa Direct
Checkbook Enlists Visa Direct and other Digital Transactions News briefs from 4/4/19
Checkbook, a provider of digital-check technology, introduced Instant Pay, a service that lets businesses push funds into consumer and corporate bank accounts using Visa Direct, Visa Inc.’s push-payments network. Checkbook’s founder is PJ Gupta, former chief network architect at Visa. First American Payment Systems LP said it now offers Idealpos’s …
Read More »Bitcoin Value Surge Coming? Cardlytics’s Big User Boost; PayActiv Enlists Visa Direct
PayActiv Enlists Visa Direct and other Digital Transactions News briefs from 3/7/19
PayActiv Inc. will use the Visa Direct platform from Visa Inc. to offer real-time deposits of earned funds to its clients’ employees. The funds can be loaded onto a Visa debit or reloadable prepaid card. PayActiv also launched its own Visa-branded general-purpose reloadable prepaid card. Testing lab Q-Card Co. said …
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