Singapore-based Fastacash says that half of the world’s population use social media networks and messaging apps. Its technology facilitates person-to-person (P2P) and person-to-merchant payments over 24 social media networks and messaging apps by connecting consumers’ social media profiles and contact lists to their banking apps. Fastacash is live in India, Indonesia, Russia, Singapore, Vietnam, and the U.K. Visa Europe has integrated the Fastacash API with Visa Direct. Fastacash’s system stores money transfers and payments to merchants in a tokenized format. Recipients receive notifi...