As a Visa Ready fintech partner, NovoPayment can now leverage the payment technology company’s capabilities and APIs to improve use case time-to-market for issuers, acquirers and merchants
NovoPayment, a Visa Ready fintech partner and leading banking as a service (BaaS) enabler of digital financial and transactional services, today announced that they can now scale the deployment of Visa Direct for instant payments, P2P and P2M payments, account-to-account payments, fast funds and mass payouts, as well as the use of Visa Token Services. The measure currently provides issuers, acquirers and merchants improved time-to-market in the adoption of key Visa solutions via APIs.
“The new API delivery models enabled by NovoPayment provide Visa’s clients and partners another means of adopting key solutions and embedding them into new use cases,” said Ruben Salazar, Senior Vice President of Products and Solutions at Visa Latin America and the Caribbean. “This is particularly important for the growth of Visa Direct in the region, which has the potential of truly transforming the way funds are transferred amongst consumers, businesses, and governments in Latin America,” he added.
As a Visa Ready fintech partner and certified Visa Direct and Visa Token Service provider, NovoPayment extends Visa’s capabilities into emerging payments use cases such as digital account origination, super wallets, and instant and proximity payments via easily consumable APIs.