VoPay Leverages Visa Direct to Support Digital Transformation Acceleration
Summary
In the current circumstances, businesses are more reliant than ever on digital technologies that help reduce face-to-face interaction and safeguard customer and service provider’s health and well-being. In order to create an efficient, effective, and sustainable business, it is imperative that digital solutions unite the front, middle and back offices, and align around the customer. VoPay Instant is an ideal solution for businesses for fast delivery of funds, and provides a seamless and transparent experience for their customers. “Through Visa Direct, which has processed over 2 billion annual transactions2, we are able to offer choice, flexibility and peace of mind to VoPay’s customers, knowing that each transaction is backed by the security, reach and capability of Visa’s global payments network.” “By leveraging Visa-enabled Visa Direct, VoPay is able to deliver a powerful payment technology through a single connection point that quickly connects businesses to global banking and payment networks,” said Hamed Arbabi, CEO and Founder, VoPay. Visa requires enabled issuers to make funds available to their recipient cardholders within a maximum of 30 minutes of approving the transaction.