Visa Direct | Transforming global money movement (2024)

FAQs

What does Visa direct mean on a bank statement? ›

“Visa Direct enables our customers to move money between their accounts instantly, facilitating a best-in-class UX that customers have come to expect.”

Visa Direct is Visa's version of Zelle or Venmo, it's the instant-sending tool created by the credit card giant that gives card-holders the ability to send payments immediately.

Secure. We make it possible for fast and secure payments to travel across the world.

Visa Direct Payouts provides Originating Entities with a mechanism to push payments directly into bank accounts. This push payment capability is delivered through the use of the Payouts APIs.

The difference between Visa Checkout and Visa Direct is that Visa Checkout acts like a virtual wallet where Visa Direct does P2P payments and funds disbursem*nts. Below is some more information on what each API does.

Visa Direct is a global solution for real-time¹ money movement for individuals between accounts linked to eligible card credentials and between friends and family domestically and globally.

Visa Direct Payouts is built to help businesses deliver money to billions of endpoints worldwide through Card, ACH, and faster payment networks¹ via a single integration. Support your clients with a payment solution that can help meet their operational, commercial, and regulatory needs.

TD Transfer Fee is up to $25 per transfer. The transfer fee amount is dynamic and will vary depending on the amount being sent, the recipient country and the currency of the account funding the transaction.

Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program.

Visa Direct makes it possible for fast, innovative and secure payments to travel across the world.

Who is eligible for Visa Direct? ›

All Visa Direct programs require the originator to be a licensed Visa acquirer or be sponsored by a licensed Visa acquirer who is ready and able to sponsor Visa Direct programs.

Eligible PayPal customers can pay and get paid by friends, family and businesses, and move money quickly from their PayPal, Xoom and Venmo accounts via Visa Direct to their eligible Visa cards.

Visa Direct Payouts is built to help businesses deliver money to billions of endpoints worldwide through Card, ACH, and faster payment networks¹ via a single integration. Support your clients with a payment solution that can help meet their operational, commercial, and regulatory needs.

A real-time payment solution that enables fast, secure and reliable financial transactions. It allows instant transfer of funds using a mobile phone number or email, and is widely used for P2P, B2C and government disbursem*nts.

Direct Credit is a type of regular payment where you have given your deposit account details (BSB and account number) to allow an institution to make payments to your account regularly, such as salaries, government payments or dividend payments.