RYVYL EU And Visa Partner To Enable Visa Direct For Fast And Secure Account-To-Account Transfers
Portfolio Pulse from Happy Mohamed
RYVYL Inc. announced a strategic partnership between its subsidiary RYVYL EU and Visa to enable Visa Direct for fast and secure account-to-account transfers. This collaboration aims to revolutionize fund transfers, providing fast, convenient, and secure transactions.
June 27, 2023 | 12:07 pm
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POSITIVE IMPACT
RYVYL EU's partnership with Visa to enable Visa Direct may give RYVYL a competitive advantage, potential revenue growth, and industry leadership in the money movement sector.
The partnership with Visa Direct allows RYVYL EU to offer advanced payment services, which can lead to potential revenue growth, industry leadership, and expansion into new markets. This aligns with RYVYL's strategic objectives and can positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Visa's partnership with RYVYL EU to enable Visa Direct may expand its offerings and strengthen its presence in regions with low card usage but high bank account access.
The partnership with RYVYL EU allows Visa to expand its Visa Direct service to more customers, particularly in regions with low card usage but high bank account access. This can lead to increased usage of Visa Direct and potentially boost Visa's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100