Payments giant Visa and global neobank Revolut have announced a global partnership aimed at simplifying international payments for businesses.
This collaboration introduces instant card transfers for Revolut Business customers through Visa Direct, a real-time payment network.
By eliminating the usual complexities of cross-border payments, such as delays and high fees, this service allows businesses to send money globally using just a card number, with funds reaching the recipient within 30 minutes.
Available in over 78 countries and supporting more than 50 currencies, this new offering enhances Revolut’s existing range of financial services.
The partnership builds on previous collaborations, including Visa Direct-powered peer-to-peer payments in nearly 90 countries and the launch of Visa virtual cards for Revolut’s B2B travel sector.
Mark Jamison, Senior Vice President, Global Clients at Visa said,
“We’re delighted that Visa Direct’s global reach, security, and reliability will enable Revolut’s business customers to move money worldwide with speed and confidence.
This step deepens our collaboration with Revolut to continue their impressive track record of growth and product differentiation.”
James Gibson, General Manager at Revolut Business added,
“We’re excited to launch Instant Card Transfers in the UK & EEA, providing businesses with a simple, instant, and secure way to pay employees, contractors, and customers globally by supporting major card schemes.”
