Paysafe announced the extension of its collaboration with Visa to integrate Visa Direct, Visa's real-time2 push payments platform. Especially suited to industries where speed of settlement is key, such as cryptocurrency or FX trading and iGaming among many others, Paysafe will offer Visa Direct to merchants, exchanges, operators and other online businesses in the UK and Europe. Using Visa Direct for fast push payments, merchants can gain tighter control of their cash flow.

Paysafe customers who use Visa Direct can opt to receive their payments within minutes, giving them quicker, easier access to funds, so they can make spending decisions faster and with more flexibility. The new integration allows merchants to access the Visa Direct service through Paysafe's single point of connection, to enable push payments to eligible Visa cards for domestic payouts, and to eligible Visa cards and accounts for cross-border payments.