Brightwell will be the first Visa-enablement platform provider in North America to offer all cross-border payment modalities through Visa Direct, Visa’s digital payment network that provides reach to more than 8.5 billion endpoints
Brightwell partners with Visa. (Credit: Aleksandrs Karevs on Unsplash)
US-based payments technology company Brightwell has teamed up with digital payments company Visa to enable payouts to eligible bank accounts and wallets.
Under the partnership, Brightwell will leverage Visa Direct to allow payouts to bank accounts and wallets around the world.
Brightwell will be the first Visa-enablement platform provider in North America to offer all cross-border payment modalities through Visa Direct.
Visa Direct is a digital payment network that provides reach to more than 8.5 billion endpoints, including three billion cards, three billion accounts and 2.5 billion digital wallets.
Visa Direct North America head Yanilsa Gonzalez-Ore said: “As the global payments industry continues to reach new markets, Visa remains focused on helping to foster innovation and support new payment experiences across the ecosystem.
“Through this collaboration with Brightwell, we’re excited to extend Visa Direct’s vast reach to more consumers around the world, helping them quickly access via accounts and wallets as endpoints.”
Brightwell said that, together with Visa Direct, it will provide its clients with rapid and easy global payments.
Based in Atlanta, US, Brightwell is a financial technology company that aims to create products to help people and businesses send money securely across the world.
The company has a suite of cross-border payment products, which are simple to use, easy to integrate with and help customers achieve measurable results.
Brightwell CEO Larry Hipp said: “The implementation of Visa Direct’s account and wallet payment capabilities expands our network to more than 8.5 billion endpoints capability in 160 currencies.
“This gives Brightwell the ability to send money across borders to eligible cards, bank accounts and wallets around the world. Through our collaboration with Visa, we bring more payment options and reach to our banking, program manager and corporate clients.”