[MUSIC PLAYING]
Retail banks can now 
use Visa Direct to help
deliver fast, convenient, peer-to-peer 
payments that seamlessly integrate
with consumer accounts and debit cards,
 providing banks with new opportunities
to engage customers through domestic 
and cross-border P2P transactions.
Here's how it can work.
Rosetta paid the bill at dinner tonight, 
and her friend Alex wants to chip in.
Both of their banks use Visa
 Direct for P2P payments,
so Alex can send funds directly 
to Rossetta's debit card account.
Alex just finds Rosetta
 in her banking app which
happens to be synced with her contacts, 
making it easy to find the right P2P
recipient, and there's no need to ask 
her friend for sensitive information,
like bank account or routing numbers.
Banks can choose to allow payments 
in dollars, pounds, euros, or any
of the 160 transaction currencies 
supported with Visa Direct integration.
Alex enters the amount, and it's
 on its way to Rossetta's account.
While traditional methods 
can take days to process,
Visa Direct enables real 
time payments 24/7, even
on nights, weekends, and holidays.
Visa Direct isn't just 
for local transactions.
It also lets banks offer customers faster, 
more convenient ways to send and receive
money digitally to 200 countries 
and territories around the world.
In this example, Alex
 needs to quickly transfer
funds to help her parents with an
 unexpected expense back home in Russia.
Visa Direct provides a single access 
point to Visa's global system of card
and accounts rails including many that are
 connected to real time payment systems.
So her bank can give Alex better options for routing money to her parents.
Alex is sending from Europe to Russia, 
but whether it's the UK to South Africa,
the UAE to India, or 
US to Mexico, banks can
take advantage of Visa Direct's support
 for 160 transaction and 60 settlement
currencies, making it easier to 
get money where it needs to go.
Visa Direct is also backed by the 
proven security and reliability of Visa.
When she hits send, the banking app
 tells Alex that the money is on its way
to her family.
Visa Direct, enabling P2P transfers to 
and from billions of end points globally.
[MUSIC PLAYING]
