Nuvion Partners with Visa to Launch Cross-Border Real-Time Payment Service
Cross-border payment startup Nuvion has announced a partnership with Visa Direct to provide real-time payment services globally for businesses. The solution facilitates funds transfer to bank accounts, digital wallets, and payment cards worldwide, aiming to solve issues with slow fund arrival and complex processes in cross-border transactions, improving sellers' cash flow efficiency.
What are the key facts?
- 1Nuvion partners with Visa Direct
- 2Global real-time payment service
- 3Covers bank accounts, digital wallets and cards
What happened?
Cross-border payment startup Nuvion has established a partnership with Visa Direct to enable real-time or near-real-time fund transfers globally through Visa's rapid payment network. This service caters to business clients, supporting funds transfers to bank accounts, digital wallets, and payment cards worldwide, with the aim of simplifying cross-border payment processes and enhancing the speed of fund circulation.
What does this mean for cross-border sellers?
Sellers can expect to shorten their payment cycles and reduce the complexity and costs of cross-border fund settlement with such services in the future.