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Visa Direct to Make Funds Available in U.S. Cardholders’ Bank Accounts in One Minute or Less

Fintech Finance

Visa , a global leader in digital payments, today announced that with Visa Direct, funds transferred to U.S. bank accounts will be available within 1 minute or less starting in April 2025. Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1.

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Coinbase to Integrate Visa Direct to Deliver Real-Time Account Funding for Customers

Fintech Finance

By integrating with the Visa Direct network, Coinbase customers will be able to deposit funds into their Coinbase account in real-time1 using eligible Visa debit cards. “The integration with Visa Direct gives our eligible customers real-time1 access to their funds for trading. .”

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How Refunds Affect Your Merchant Account

Cardfellow

If you exceed that, you run the risk of having your merchant account frozen or closed without warning. They may be concerned about your funding availability to issue the refunds. It can take a few days for the funds to be pulled from your account and deposited to the customer’s account.

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Monzo migrates investment accounts to Seccl

Finextra

Home News Wealth Monzo migrates investment accounts to Seccl Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. BlackRock will continue to manage the funds available to Monzo Investments and Pensions customers.

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BNY Sends Largest Instant Payment in U.S. History, $10 Million Following Transaction Limit Increase

Fintech Finance

The $10 million inter-company liquidity management payment, from a leading, global transfer agent, Computershare, to an account at another financial institution, marks a significant milestone in the evolution of instant payments, unlocking new opportunities for businesses to move money faster, optimize cash flow, and streamline financial operations.

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%. These processes are facilitated by a network of financial institutions and technologies that work together to ensure the seamless and secure transfer of data and funds.

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Open Banking is the Key to Facilitating Better Payments: Eviden, Ordo and ByzGen Launch New Offering

The Fintech Times

With the pilot open banking solution, customers will be able to authorise payments directly from their bank accounts to businesses on a recurring basis using the Ordo variable recurring payments (VRP) offering.