Consumers and businesses want instant gratification and the ability to move money in just minutes. From payroll to P2P to insurance benefits, demand is rising for instant disbursement. However, there are pain points in the current money movement ecosystem, and to address them, financial institutions need a payments strategy that addresses the dramatic rise in faster payments. Visa Direct is an option that extends the reach of the availability of faster payments—both geographically and in volume—filling in the gaps for those who need it most.
In this Banking Exchange hosted webinar, Jaspreet Singh, Head of A2A/P2P Commercialization, Visa Direct at Visa Direct, and Al Griffin, Product Manager at Alacriti, discussed:
- Market insights and trends around money movement
- Consumer preferences and expectations
- Visa Direct platform and its adoption in marketplace
- Domestic and cross-border use cases
- What’s coming next