PayPal’s Xoom has offered money transfer services domestically since 2020 and expanded its cross-border capabilities last year. Now, it’s speeding up the delivery of the payments with an assist from Visa’s real-time system called Visa Direct.
Xoom’s debit card deposit “will enhance cross-border money movement with the real-time payment capabilities offered through Visa Direct,” Yanilsa Gonzalez-Ore, Visa’s head of Visa Direct in North America, said in the release.