Send Payout API
The Send Payout API allows the Originating Entities to send payouts to a card or a bank account. Visa will then route the payment request based on the payment method. If the payment method is to a Visa Card4, then it will be routed to an Issuer. If the Payment method is to a Bank Account then it will be routed to a Payment Service Provider. The PSP will send the payment instruction to a Network partner bank. The Network partner bank will send the credit directly to the Recipient Bank who will credit the recipient’s account.
Validation API
Designed to reduce payout errors, the Validation API allows Originating Entities to validate push-to-account transactions PRIOR to the payout being sent via the Send Payout API for clearing and settlement. The Validation API performs schema (format, mandatory fields, etc.) and route specific (based on Network Partner requirements) checks and exposes validation errors identifying where the Originating Entity should make corrections prior to payout.
Query API
The Query API allows Originating Entities to query in real-time the processing status of Visa Direct Payout transactions. Query API checks the latest state of a push-to-card or push-to-account transactions and returns the results; transaction successfully or erroneously received and processed by Visa and/or the financial institutions. Query API can also be invoked when there is no response returned from Visa for the Send Payout API
Cancel API
Originating Entity may request to cancel a transaction in scenarios where the Sender sent to an incorrect recipient or the wrong amount in the payout instruction or sent a duplicate payout in error to stop a payment submitted to Visa for processing. The PSP can accept the cancellation request if the payment has not been sent to Network Partner. If the PSP has accepted the cancel request, then it will initiate a Notification/Return transaction to the Originating Entity.Note: This API is allowed only for transactions sent to a bank account.
Status Notification API
The Originating Entity will be notified of the initial transaction status of a push-to-account payout transaction as well as of any status changes at each key step, along with the updated expected posting date.Note: This call back API will be sent to Originating Entity only for transactions sent to a bank account.
Return Notification API
Payouts sent to a bank account through a PSP may get returned back for multiple reasons, for example, if the bank account details provided are not accurate, or the account details are accurate but the account is not active or the Originating Entity has requested to cancel the payout if it is funded. In such cases, the PSP will inform Visa that the payout has been returned, and Visa will send the return notification request to the Originating Entity.Note: This call back API will be sent to Originating Entity only for transactions sent to a bank account.
Debit Credit Advice API
This API conveys details of the debits/credit entries posted to an Originating Entity’s settlement account with Visa for a given processing day. Please contact your Visa Representative to get access and learn more about this API.Note:This API is only applicable to Originating Entities availing Visa Direct’s “Accelerated Payment Delivery” service.
FAQs
All Visa Direct programs require the originator to be a licensed Visa acquirer or be sponsored by a licensed Visa acquirer who is ready and able to sponsor Visa Direct programs.
Is Visa Direct safe? ›
Secure. We make it possible for fast and secure payments to travel across the world.
How does Visa Direct work? ›
Visa Direct Payouts, push-to-account (P2A) service sends payouts to bank accounts via the Visa network using its ACH/RTP fulfilment method. The push-to-account service is available2 for cross border payouts.
Is Visa Direct instant? ›
Visa Direct offers an easy, smart and secure experience to move money globally across accounts instantly, facilitating a best-in-class experience.
How long does visa direct take? ›
Visa Direct Processing Schedule
Visa will process the transactions and send the payout within 30 minutes.
What are alternatives to visa Direct? ›
Best Paid & Free Alternatives to Visa Direct
- Payoneer.
- GoCardless.
- Paytm Business.
- Stripe Connect.
- Square Payments.
- Apple Pay for merchants.
- HighRadius.
- BlueSnap.
Visa Direct is Visa's version of Zelle or Venmo, it's the instant-sending tool created by the credit card giant that gives card-holders the ability to send payments immediately.
What are the benefits of Visa Direct? ›
Visa Direct service allows you to send and receive money in real time using the Visa platform, anywhere in the world. With this service, you can transfer money simply, quickly, and securely, without the need for a bank account.
What is the difference between Visa and Visa Direct? ›
The difference between Visa Checkout and Visa Direct is that Visa Checkout acts like a virtual wallet where Visa Direct does P2P payments and funds disbursem*nts. Below is some more information on what each API does.
Does Visa Direct have fees? ›
Visa Direct — Visa Direct transactions have an Interchange rate of 0.25%.
Fast, seamless experiences
Conveniently send money to cards and wallets in real-time,¹ and to accounts typically settling in one day for most routes.
What is Visa Direct daily pay? ›
What is the DailyPay Visa® Prepaid Card? The DailyPay Card is a Visa® prepaid card that offers no-fee, instant access* to your earnings. There are no fees to open the card, no monthly fees,† and no minimum balance requirements. The DailyPay Card is yours for life!
How to pay via Visa Direct? ›
How does Visa Direct work?
- Access the service through Netbanking, mobile or ATM.
- Enter the recipient's 16 digit Visa card number and the amount you want to send.
- The money will be received into the recipient Visa credit, debit or prepaid card.
- Recipient can use the received funds at any Visa merchant or ATM.
Visa Direct is helping create the infrastructure necessary for a secure, connected global economy. Built with Visa's risk management products, Visa Direct benefits from our relationships with select partners who are innovating at the forefront of identity management, fraud management, and artificial intelligence.
What is Visa direct withdrawal? ›
Visa Direct Payouts is a service that enables money to be pushed into bank, debit card4, or prepaid card4 accounts to complete business payouts, P2P transfers, app withdrawals, and more.
What is the difference between visa and visa Direct? ›
The difference between Visa Checkout and Visa Direct is that Visa Checkout acts like a virtual wallet where Visa Direct does P2P payments and funds disbursem*nts. Below is some more information on what each API does.
What are the benefits of visa Direct? ›
Visa Direct service allows you to send and receive money in real time using the Visa platform, anywhere in the world. With this service, you can transfer money simply, quickly, and securely, without the need for a bank account.
Who is eligible for visa sponsorship? ›
To be eligible for visa sponsorship, employers must show that they were unable to fill their vacancies with qualified American workers. The H-1B visa is the most common documentation for foreign workers with specialized skills, but there are also visas for seasonal workers in hospitality and agriculture.
Who is eligible for Visa card? ›
To qualify for a Credit Card, maintain a good credit score, provide proof of stable income, meet age requirements (usually 18+) and submit necessary documents like photo ID and address proof. Banks may have specific criteria, so check individual requirements.
