(30 April 2025 – Singapore) Geoswift has announced the integration of Visa Direct with Geoswift’s cross-border payments platform to facilitate payouts to more than 140 countries and 13 currencies.
Geoswift is a leading provider of cross-border payment services and solutions globally. Visa is confident the partnership will open new opportunities for Geoswift in Asia Pacific. Visa Direct’s mission is to make money movement simpler, faster, more secure and cost effective through a single point of access that connects everyone, everywhere.”
“Our partnership with Visa enhances our global reach, empowering our customers to achieve their business goals more effectively on a global scale” commented Geoswift Group CEO, Raymond Qu.
Visa is also set to launch stablecoin-linked Visa cards in partnership with Stripe-owned Bridge as the company asserts the Trump trade war has not thrust the US economy into recession.
“We saw strong, broad-based consumer spending. We definitely saw some deceleration in certain parts of the economy, but also strong spending growth in other parts of the economy” commented Visa CEO Ryan McInerney.
“What we can add is a view in a broad-based way across a significant portion of Americans and almost all the categories in which they spend. And, you know, for the last three months or so, including the first three or four weeks of April, we’ve seen strong spending growth.”