Visa Direct is a global real-time¹ money movement platform that enables businesses, financial institutions, and individuals to send and receive funds securely and efficiently across borders. Leveraging Visa's extensive network, Visa Direct facilitates transactions to billions of endpoints worldwide, including cards, accounts, and digital wallets. This service is designed to enhance payment experiences by providing fast, convenient, and reliable fund transfers, thereby supporting a wide range of use cases such as peer-to-peer payments, business disbursements, and cross-border remittances. Key Features and Functionality: - Global Reach: Connects to over 11 billion endpoints across more than 195 countries and territories, supporting transactions in 160 currencies. - Real-Time Payments: Enables funds to be sent and received in real-time¹, providing immediate access to money for recipients. - Versatile Endpoints: Supports payments to various endpoints, including debit and credit cards, bank accounts, and digital wallets. - Secure Transactions: Utilizes Visa's robust security infrastructure to ensure safe and compliant money transfers. - Single Access Point: Offers a unified connection to multiple payment networks, simplifying the process of integrating and managing global payments. Primary Value and Solutions Provided: Visa Direct addresses the need for fast, secure, and efficient money movement in today's interconnected world. By enabling real-time¹ payments to a vast array of endpoints globally, it helps businesses improve cash flow, enhance customer satisfaction, and expand their reach without the need to build their own payment networks. For individuals, Visa Direct offers the convenience of instant access to funds, whether for personal transfers, receiving wages, or accessing government disbursements. Overall, Visa Direct simplifies the complexities of global money movement, providing a reliable solution for diverse payment needs. ¹Actual fund availability depends on receiving financial institution and region.