RYVYL EU, a fully licensed electronic money institution (EMI) announced the expansion of the current strategic partnership with Visa to enable Visa Direct, a cutting-edge transfer solution, to RYVYL’s customers. This collaboration is set to revolutionize the way funds are transferred between accounts, offering fast, convenient, and secure transactions.
When the new Visa Direct capability is integrated into RYVYL (EU) service offerings the customers will have the opportunity to send money to authorized accounts in over 80 countries across multiple currencies through Visa’s extensive network of local banking partners.
By utilizing Visa Direct, RYVYL (EU) clients will experience the benefits of faster access to funds, with money becoming available within minutes instead of days. This improved speed is achieved by enabling Visa Direct to transfer money directly and efficiently.