Remitly Expands Collaboration with Visa
Remitly, the leading digital remittance service, is excited to announce its expanded collaboration with Visa, a global payments technology company. This strategic partnership aims to enhance Remitly’s services and improve cross-border payment experiences for millions of customers worldwide.
As part of this collaboration, Remitly will leverage Visa’s robust network and innovative payment solutions to streamline its remittance processes. This means that customers will experience faster, more convenient, and secure money transfers to their loved ones across countries.
Benefits of the Collaboration
- Enhanced Speed: With Visa’s advanced payment infrastructure, Remitly customers can expect faster remittance transfers, ensuring that funds reach their intended recipients promptly.
- Global Reach: By leveraging Visa’s vast network, Remitly can extend its services to more countries and regions worldwide, expanding financial inclusion and accessibility for individuals and businesses in underserved areas.
- Added Security: Visa’s cutting-edge security measures will reinforce Remitly’s commitment to protecting customers’ financial information and guarding against fraud.
- Innovation: The collaboration will fuel Remitly’s innovation efforts, enabling the development of new technology-driven features and services to cater to the evolving needs of its customers.
“We are thrilled about our extended partnership with Visa,” said Matt Oppenheimer, CEO of Remitly. “This collaboration will empower us to deliver even greater value to our customers and make international money transfers simpler, faster, and more secure. Together, we aim to revolutionize the remittance industry.”
Visa, known for its commitment to driving digital payments and financial inclusion, shares Remitly’s vision of improving global money transfers. By joining forces, these two industry leaders hope to create a higher standard of service for their customers.
About Remitly
Remitly is a Seattle-based digital remittance service founded in 2011 with a mission to transform the lives of immigrants and their families by providing them with a secure and convenient way to send money internationally. Serving more than 3 million customers, Remitly enables people to send funds from over 17 countries to their loved ones in various regions worldwide. The company’s user-friendly mobile app and website offer competitive exchange rates, low fees, and a range of delivery options to meet its customers’ needs.
About Visa
Visa is a renowned global payments technology company that connects consumers, businesses, banks, and governments across more than 200 countries and territories. With its secure digital infrastructure, Visa enables secure and convenient transactions in-store, online, and through mobile devices, making it a trusted name in the payments industry.
With this expanded collaboration, Remitly and Visa aim to bring about positive changes in the remittance landscape, benefiting millions of customers worldwide and contributing to the global economy’s growth.