SUNRATE enhances cross-border payments with Visa Direct

By Leandra Monteiro

SUNRATE, an intelligent global payment and treasury management platform announces its collaboration with Visa to enable its customers to send and receive funds directly to eligible Visa debit and prepaid cards.

“Being a global FinTech company, SUNRATE and Visa share the same commitment to modernise money movement, by focusing on the security, competency and transparency of cross-border payments for businesses worldwide. Our partnership with Visa accentuates the pros that combination brings to recognising this common commitment for our customers globally,” said Qincheng Wang, Head of Product, SUNRATE.

Deepan Dagur, Head of Money Movement, Asia Pacific, Visa said, “The appetite for quicker and more accessible cross-border payments continues to grow as businesses look for better ways to pay and be paid.  Together with SUNRATE, Visa is simplifying cross-border payments by being the single connection point for clients to move money easily and efficiently.”

At the start of this year, SUNRATE also launched its Visa virtual commercial card as part of its holistic online travel solution. In 2021, the company became a principal member of the Visa network.

SUNRATE is recognised among the leading solution providers and has enabled companies to operate and scale both locally and globally in 150+ countries and regions with its proprietary platform, extensive global network, and robust APIs. The company is licensed and regulated by the Financial Conduct Authority of the UK, the Bank Indonesia, the Hong Kong Customs, and the Monetary Authority of Singapore.