Cross-border payments firm Thunes is expanding its partnership with Visa into Asia and Africa. The new collaboration, announced Thursday (March 21), will see Visa tap into Thunes’ network to send payments to over 108 digital wallet types and bank accounts throughout countries that include Kenya, the Philippines, Indonesia and...
Visa and Western Union have formed a new agreement centered on cross-border payments. The expanded partnership, announced Tuesday (March 5), lets Western Union customers send money to loved ones, Visa cards and bank accounts in 40 countries. According to a Visa news release, the collaboration covers card issuance, Western Union’s...
Checkbook and Visa have come together in a new collaboration aimed at improving the availability of instant payments for businesses, institutions and individuals across the country. This partnership builds on previous collaborations between the two companies, with Checkbook having participated in Visa’s Fintech Fast Track program in 2021 and their Virtual...
TerraPay appointed former Visa Direct Global Head Ruben Salazar Genovez as president. In his new role, Salazar Genovez will lead TerraPay’s global expansion and the development of its payments infrastructure and non-card network capabilities, the global money movement company said in a Monday (Feb. 19)...
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 is illustrated in proprietary research created for the PYMNTS’ “Quarterly Payments Report: Mobile Wallets Gain Ground.” We found that between December 2021 and March 2023, […]
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...
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...
May 10, 2021
After nearly a full year of waiting, WhatsApp payments have been cleared by Brazil’s central bank to go live, enabling peer-to-peer (P2P) payments capabilities for its 120 million Brazilian users, 86...
May 06, 2024
J.P. Morgan and Visa have teamed to offer faster domestic payments via Visa Direct. The collaboration, announced Monday (May 6) is designed to improve merchant experiences and empower cardholders for customers of J.P. Morgan Payments. “With Visa Direct’s extensive reach in the U.S., J.P. Morgan Payments will empower merchants, businesses and FinTechs to embed faster domestic payments into their solutions,” […]
March 21, 2024
Cross-border payments firm Thunes is expanding its partnership with Visa into Asia and Africa. The new collaboration, announced Thursday (March 21), will see Visa tap into Thunes’ network to send payments to over 108...
March 05, 2024
Visa and Western Union have formed a new agreement centered on cross-border payments. The expanded partnership, announced Tuesday (March 5), lets Western Union customers send money to loved ones, Visa cards and bank accounts in...
February 28, 2024
Checkbook and Visa have come together in a new collaboration aimed at improving the availability of instant payments for businesses, institutions and individuals across the country. This partnership builds on previous collaborations between the...