Thailand FinTech giant and Ripple partner DeeMoney has entered a partnership with Visa to integrate Visa Direct with its international payments platform, per a report from Bangkok Post yesterday.
The partnership will allow users to carry out near-instant peer-to-peer cross-border payments to over 170 countries in 160 currencies using only the recipient’s Visa card details. Per the report, Visa says recipients will receive funds within 30 minutes of the transaction, unlike traditional cross-border payment methods that take days to reach the recipients.
(By Ammara)
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