Visa Direct | Receive funds globally using your Zip USD Visa card ?

Created by AYODAPO FAKUNMOJU, Modified on Thu, 22 Feb at 1:06 PM by AYODAPO FAKUNMOJU

      

Introducing Visa Direct: A fresh approach to receiving USD through your Virtual USD Card


Continuing our commitment to unlock global opportunities and foster connections across Africa, we're excited to unveil Visa Direct. This innovative solution offers you a streamlined method to receive USD globally using your virtual Zip USD Visa card.




What is Visa Direct, and how can I receive funds into my USD Virtual Card through this service?


Visa Direct is a cutting-edge payment solution revolutionizing the way you receive money. Powered by Visa, the foremost authority in digital payments worldwide, Visa Direct facilitates electronic fund transfers from a sender's payment card or platform directly to your Visa card account, including your virtual Zip USD card. 



How do I receive funds via Visa Direct into my Zip USD Visa Card?


Visa Direct is an advanced system designed to facilitate direct money transfers to a Visa card, including your virtual USD Visa card.

Your online service or financial institution might refer to it as "Withdraw to your Bank card" or "Withdraw to a VISA card," among other terms. 


Various banks worldwide, along with platforms like Airbnb, Exness, etc., as well as other financial entities, freelance platforms, international services, and businesses, may provide the option to "withdraw to a card" based on their service policies.



Getting started with Visa Direct: How can I initiate receiving funds?


To commence receiving USD via Visa Direct:


1. Validate Sending Entity Eligibility: Ensure that the sending bank or merchant service is capable of initiating transfers to a VISA card. Additionally, verify that your country can accept transfers from said bank or merchant.


2. Share Your Card Details: Furnish the sender, entity, or individual transferring funds with your 16-digit virtual Visa card number.


3. Receive Funds: The sender will utilize their bank's service to transfer USD to your Visa card. Following the completion of the transfer, the funds should be promptly credited to your card.



Starting with Visa Direct: What steps are involved in initiating money reception?


To commence receiving USD through Visa Direct:


1. Validate Sender Eligibility: Ensure that the sending bank or merchant service possesses the capability to dispatch transfers to a VISA card. Also, verify that your country can accept transfers from said bank or merchant.


2. Share Your Card Information: Furnish the entity, service, or individual transferring funds with your 16-digit virtual Visa card number.


3. Receive Funds: The sender will employ their bank's service to transfer USD to your Visa card. Upon completion of the transfer, the funds should promptly reflect in your card balance.



Is there a fee/charge associated with receiving funds through the Visa Direct service?


Yes, our banking partner currently imposes a fee of 1% on the received amount, for instance, a $1 fee for receiving $100.



Varieties of transactions supported by Visa Direct:


1. Personal Transfers: Facilitate gifts from family members residing abroad or divide expenses among friends efficiently with Visa Direct, offering a seamless solution for managing personal finances.


2. Business Transactions: Freelancers and businesses can expedite the receipt of payments from international clients through Visa Direct, ensuring swift access to earnings.


3. Emergency Funds: In critical situations demanding immediate financial assistance, Visa Direct serves as a reliable avenue for prompt fund transfers. The received funds are swiftly accessible and can be utilized directly from your card or withdrawn to your bank as needed.


Why Visa Direct is Essential for You:


1. Global Reach: Leveraging the extensive Visa network, Visa Direct facilitates money transfers from virtually any location worldwide. This empowers you to receive USD payments from diverse sources and seamlessly withdraw them to your bank via the Zip Cash App.


2. Speed of Transfer: Transactions are swiftly processed, often completed within minutes, ensuring prompt access to your funds.


3. Year-Round Availability: Visa Direct operates around the clock, 24/7, allowing you to receive funds at any hour of the day, any day of the week.


4. Enhanced Security: Benefiting from Visa's top-tier security measures integrated into Visa Direct, you're shielded from fraud and unauthorized transactions, ensuring peace of mind.


5. Ease of Use: Receiving money is effortless; simply provide your 16-digit virtual Visa card number. There's no need for intricate bank account details or routing numbers, simplifying the process significantly. ?



Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article