Geoswift, a Canada-based cross-border payment services provider, has announced the integration of Visa Direct into its international payments platform.
Visa Direct enables fund transfers to over 140 countries and territories.
Through this integration, Geoswift will initially support payouts in 32 countries and territories across 13 currencies, covering key markets in the Asia Pacific, North America, Europe, and the Middle East, with plans to expand further.
Raymond Qu, Group CEO of Geoswift, said:
“At Geoswift, our vision has always been to deliver borderless payment solutions to our customers. Our partnership with Visa enhances our global reach, empowering our customers to achieve their business goals more effectively on a global scale.”
Swapnil Mhasde, Head of Visa Direct Commercialisation and Solutions, Asia Pacific, commented:
“We are confident that this partnership will open new opportunities for Geoswift in Asia Pacific. Visa Direct’s mission is to make money movement simpler, faster, more secure and cost effective through a single point of access that connects everyone, everywhere.”
Geoswift has operated in the cross-border payments space for over two decades, supporting a range of use cases including business-to-business payments, education fees, eCommerce, remittances, and travel payments.
Featured image: Bryan Ma, SVP, Head of Geoswift Global Payments, and Swapnil Mhasde, Head of Visa Direct Commercialization and Solutions, Asia Pacific
