DeeMoney Partners With Visa Direct For 24/7 Global Payments

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1. Ripple partner DeeMoney has entered a partnership with Visa to fully integrate Visa Direct into its global payment platform.
2. This partnership allows users to send funds directly to their friends‘ or family’s debit card accounts in real-time to more than 170 countries in over 160 transaction currencies.
3. This partnership rides on the back of its earlier partnership with Ripple and is intended to enable real-time payments 24/7, including weekends and holidays.

Ripple partner DeeMoney has recently partnered with Visa to offer its users with a faster and more secure way to send money globally. The FinTech giant out of Thailand and a 3-year-old partner with Ripple, has fully integrated Visa Direct into its global payment platform. This partnership enables users to send funds directly to their friends‘ or family’s debit card accounts in real-time to more than 170 countries in over 160 transaction currencies.

The chief executive officer of DeeMoney, Aswin Phlaphongphanich, explains the value that Visa offers. He mentioned that Visa’s speed and security make it ideal for real-time payments. This partnership allows our customers to send funds directly to their friends‘ or family’s debit card accounts in real-time to more than 170 countries in over 160 transaction currencies. It also enables real-time payments 24/7, including weekends and holidays, which are not feasible with traditional bank payments. Furthermore, Visa claims that 30 minutes is more than enough for recipients to receive funds after the transaction.

The partnership with Visa comes on the back of the earlier partnership with Ripple. The partnership was intended to increase the efficiency and speed of payments. It is expected that this new partnership with Visa will build upon the earlier one and expand the company’s services to more countries and currencies. The integration of Visa Direct will enhance the user experience and make it easier for customers to send money globally.

The Visa Direct integration will also give DeeMoney access to Visa’s global network of merchants and customers. This will enable the company to expand its customer base and offer more payment options to its users in Thailand and other countries. Additionally, this partnership will enable DeeMoney to offer its customers low transaction fees and quick processing times.

With this partnership, DeeMoney is taking a step towards becoming a major player in the payments market. The company is looking to expand into new markets and increase its customer base. This partnership with Visa will enable DeeMoney to make real-time payments 24/7, including weekends and holidays, which is a significant advantage for its customers. Additionally, the integration of Visa Direct into its global payment platform will provide customers with a secure and fast way to send money to their friends and family. This partnership is expected to be a game-changer for the payments industry and will enable DeeMoney to conquer billion-dollar markets in Thailand and Australia.