RYVYL (RVYL) announced a strategic partnership between its wholly-owned subsidiary in Europe, RYVYL EU, and Visa (V). With RYVYL EU being a fully licensed electronic money institute, this partnership will enable RYVYL EU’s customers to use Visa Direct, a state-of-the-art account-to-account transfer solution. This collaboration aims to revolutionize the way funds are transferred between accounts, providing fast, convenient, and secure transactions. Through the partnership, RYVYL EU valued customers will soon have access to highly advanced and convenient payment services via Visa Direct. This service allows for secure international transactions to authorized accounts in over 80 countries. This is particularly advantageous for customers in regions with low card usage but high bank account access, such as Asia Pacific and Latin America
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