In a groundbreaking move, UK-based fintech company USI Money has announced a strategic partnership with global payments giant Visa. The collaboration aims to leverage Visa Direct, Visa's real-time payments platform, to offer customers faster and more optimized cross-border payment solutions. This partnership marks a significant step forward in USI Money's mission to simplify and enhance the international payments landscape.

Empowering Seamless Global Transactions

Integrating USI Money's Technology with Visa Direct

By merging USI Money's innovative technology with the Visa Direct platform, the two companies are poised to revolutionize the way customers send money globally. The collaboration will enable direct transfers to bank accounts and digital wallets worldwide, providing customers with a seamless and efficient payment experience.

Expanding Reach and Accessibility

The partnership between USI Money and Visa comes on the heels of another significant collaboration – the one between USI Money and dLocal. This previous alliance aimed to simplify cross-border payments for customers and clients in Asia and Africa, facilitating direct transfers into various digital wallets and bank accounts, including Bkash and Nagad in Bangladesh, M-Pesa and Airtel in Kenya and Uganda, and UPI in India.

Enhancing the Customer Experience

As part of the Visa collaboration, USI Money plans to solidify its position as a leading payment service provider, offering a diverse range of payout options to cater to the varied needs, demands, and preferences of its clients. The introduction of real-time transfers is set to ensure immediate access to funds, minimizing transaction times and providing customers with greater flexibility and control over their financial management.

Driving Regulatory Compliance and Security

The alliance between USI Money and Visa Direct also focuses on improving the overall user experience while enabling customers to manage their financial needs with enhanced security and regulatory compliance. This partnership aims to empower individuals to better support their families and navigate the complexities of international payments with confidence and peace of mind.

Expanding Capabilities and Introducing New Solutions

Visa representatives have emphasized that the collaboration with USI Money enables their company to provide real-time money movement solutions to the latter's users worldwide. Furthermore, Visa and USI Money plan to continue expanding their operations and introducing additional solutions that can augment the customer experience and meet the evolving regulatory requirements in the market.

Advancing the Digital Payments Landscape

USI Money has expressed that the partnership with Visa Direct is set to support their company in launching new initiatives focused on advancing the capabilities of digital payments. This strategic alliance represents a significant step forward in USI Money's mission to revolutionize the global payments industry and provide customers with innovative, secure, and efficient payment solutions.