What is Visa cross-border payment?

05 Nov 2022

Visa cross-border payment is the method that helps businesses transfer money globally with the power of a Visa. These cross-border payment services can reach 88 international countries, accept transactions in more than 160 currencies as well as support real-time money receiving in 75 countries.

The benefits of cross-border digital payments include:

• Reach out to payees worldwide

Allow clients to transfer and receive money to cards and accounts in any of 160 currencies in 200 countries and territories.

• Provide better experiences

Provide clients with payment experiences that are faster, easier, and more connected, free of the inefficiencies of international wire transfers.

• Operations should be simplified

Reduce the requirement to integrate with correspondent banking networks and domestic payment systems by gaining global scalability through a single access point.

• Visa's security and dependability

Use a trusted network with strong controls to assist ensure that funds and information are handled safely and appropriately.