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Visa Direct Adds Digital Wallets with Thunes

Visa Inc., owner of VisaNet, the largest payment card network in the world based on merchant acceptance locations, has spent several years building Visa Direct, a capability within VisaNet for delivering funds transfers including remittances, payouts to independent contractors and other use cases for consumers and small businesses. Visa Direct recently added 1.5 billion endpoints through a partnership with Thunes. This raises the number of endpoints to the 7.0-billion range, including nearly 3.0 billion Visa brand cards, more than 2.0 billion bank accounts, and the 1.5 billion mobile wallet...

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November 2022
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