LeapFinancial ?? Visa Direct We’re thrilled to announce our ative collaboration with Visa Direct, as we work together to transform the cross-border remittance ecosystem. This partnership helps users avoid the risks and costs of cash transactions while enabling financial and non-financial institutions to offer seamless international money transfers. ?? The global shift is undeniable: By 2025, cash usage will decline by 40%, driven by UPI and digital wallets—making secure, cost-effective digital domestic and cross-border solutions more essential than ever. ?? With Visa Direct, we’re reducing costs, accelerating transactions, and eliminating inefficiencies in the $64 billion US–Latin America remittance corridor. ?? Leap’s cutting-edge technology slashes cross-border transfer costs to under 1%, removing outdated processes and multiple intermediaries. ?? Our vision extends beyond borders—creating a truly borderless financial ecosystem. #VisaDirect #Visa #Innovation #Remittances #Fintech #FinancialInclusion #DigitalPayments #VentureCapital #LatamFinance #EmergingMarkets
LeapFinancial ?? Visa Direct Leap Financial, a leading digital remittance company, announced its collaboration with Visa, a global leader in digital payments, to integrate Visa Direct, a global money movement solution, into Leap's white label digital remittances platform. This partnership aims to streamline the direct delivery of funds to eligible cards, bank accounts, and digital wallets worldwide, enhancing the efficiency and security of cross-border remittances. Lionel Carrasco, CEO of Leap Financial, explained, "From our research, traditional money transmitters charge around 6% in remittance fees due to outdated processes and multiple intermediaries. With advanced technology, Leap reduces this cost to under 1%, streamlining remittance flows and eliminating inefficiencies. Our collaboration with Visa Direct will further enhance our ability to provide faster, more secure transactions, enabling our partners to offer competitive pricing and direct more funds to recipients." ?? Read the full press release here: https://vi.sa/41AjpO4 ?? #VisaDirect #MoneyMovement #MoveMoneyYourWay #DigitalPayments