Fintech News· Horacio·· 3 hours agoAI score31
Payouts Network helps Visa quickly disburse employee relocation reimbursements through Visa Direct
Payouts Network enables Visa to deliver relocation reimbursements to employees quickly
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AI-assisted source summary · not independently verified. Content standards
Payouts Network announced that Visa employees can use its platform and Visa Direct to receive approved U.S. relocation reimbursements on eligible debit cards, without waiting for checks or traditional bank transfers. Employees enter card details instead of the bank routing and account numbers required for ACH transfers; the card details can be securely stored as a token for future reimbursements. The time it takes for funds to arrive depends on the card, the recipient’s financial institution, and other factors.
Source:Fintech News · fintechnews.org