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PayPal, Visa team on faster cross-border payments

January 13, 2023

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.

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