Business
release date: May 27, 2024by Michael Gutain Small Business News
Visa and JP Morgan Payments announced a strategic partnership aimed at improving the speed and convenience of sending money within the U.S. The partnership will provide both businesses and individuals with a fast and secure way to send and receive funds.
Leveraging Visa’s advanced technology, JP Morgan Payments will be able to offer faster payment solutions to its customers. The initiative will enable customers to transfer money directly to their bank accounts or digital wallets using only their debit card details, significantly streamlining the process and providing faster access to funds.
“This is an important collaboration for our clients and our business. Visa Direct’s capabilities are strategically aligned with our commitment to providing innovative solutions to our clients. By enhancing our ability to deliver faster payments, we streamline the payment process, enhance liquidity management and provide additional convenience to our clients,” said John Skinner, leader of JPMorgan Payments.
Yanilsa Gonzalez Ole, leader at Visa, added, “We are thrilled to be working with JPMorgan Payments. Their dedication to excellence and customer-centric approach reflects our values. The availability of faster payments across North America for JPMorgan Payments customers is another step in delivering on that promise, providing faster, more efficient money movements that benefit businesses, consumers and the economy at large.”
Image: Depositphotos
Michael Guta is an Associate Editor at Small Business Trends and has been with the team for 9 years. He currently manages the East Africa editorial team. Michael has years of content experience in the digital ecosystem covering a wide range of industries. He holds a Bachelor’s degree in Information and Communications Technology with a concentration in Technology Management.
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“Visa and JP Morgan have come together to simplify and speed up the process of sending and receiving money for both individuals and businesses…”
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Source link: https://smallbiztrends.com/visa-and-jp-morgan-make-sending-money-faster-and-easier-in-the-us/
