Payout Innovation with Hyperwallet’s Visa Direct Integration
Cross-border payout capabilities are paramount when you’re a fast-growth marketplace. Whether you’re paying drivers in Dubai, or freelancers in France, having a fast and reliable global payout mechanism isn’t just important—it’s critical.
But that’s just the beginning. The best digital marketplaces understand that the payout experience of their users—or payees—can have a huge impact on their operations. Enabling fast, frictionless funds distribution for payees is something we strive to do every day at Hyperwallet. And thanks to Visa, it’s becoming increasingly easier to accomplish.
As the foundation of Hyperwallet’s Transfer to Debit Card payout method, Visa Direct makes it easy for our corporate clients to offer real-time, direct-to-card payout functionality to payee’s registered on their platforms.* Curious as to how the integration works on our platform? Here’s a little behind-the-scenes insight into our work with Visa, featuring thoughts from myself and Hyperwallet’s CPO, Bill Crowley.
If you’re a developer and curious to learn more about Hyperwallet’s Visa Direct integration, I encourage you to check out our recent webhooks webinar recording. In it, I trigger a payment in a sample application, demonstrating just how quickly* the Visa Direct technology enables recipients to receive their funds using our Direct to Debit Card payout method.
*Actual fund availability varies by financial institution. Visa requires U.S. issuers to make funds available to its cardholders within a maximum of 30 minutes of approving the transaction.