CARD.com joins VISA to facilitate direct cross-border payments

By Gloria Mathias

Card Corporation (CARD.com), a privately owned financial services technology company specialising in mobile banking and card payments, has announced a collaboration with Visa to introduce Visa Direct Cross-Border payments.

This agreement brings expanded access to global, fast, and secure payment options for CARD.com’s customers, aligning with its mission to deliver innovative financial solutions for its B2C and B2B White Label customers.

Card.com, through Visa Direct, will expand its financial services globally, offering fast, convenient, and secure international payment options.

Through this collaboration, CARD.com users will be able to take advantage of Visa Direct’s expansive reach in over 180 enabled countries and territories for card-based payments, 90+ countries for account transfers, and 50+ countries for wallet transactions. Visa Direct provides users with a simple and more efficient way to transfer money internationally.

Paul Neustaedter, CEO of CARD.com, said, “We are thrilled to collaborate with Visa and offer our customers the benefits of Visa Direct Cross-Border. This collaboration allows us to expand our financial services globally, offering fast, convenient, and secure international payment options to meet the needs of our growing user base.”

Visa Direct’s extensive global infrastructure and real-time payment capabilities ensure that CARD.com customers will enjoy fast remittances, secure transfers, and enhanced control over their cross-border transactions. The collaboration will further position CARD.com in the mobile banking and payment space, catering to a diverse and global customer base.

Yanilsa Gonzalez-Ore, Senior Vice President and Global Head of Visa Direct, stated, “Visa Direct is transforming how people move money around the world, and we are excited to partner with Card.com to deliver an improved cross-border payment experience. Together, we’re helping connect people globally with a reliable, fast, and secure way to send and receive money.”

As digital banking continues to evolve, the integration of Visa Direct with CARD.com’s services will provide customers with increased flexibility and access to seamless cross-border transactions.