Deluxe announced its collaboration with Visa to implement Visa Direct. This collaboration introduces dlxFastFundsSM, a funding solution that leverages Visa's trusted payment network to help businesses take control of their cash flow byskipping the typical one- to two-day settlement delay. The combined technology of Deluxe and Visa Direct, which can help facilitate the delivery of funds to eligible cards and bank accounts in near real-time, allows businesses to choose settlement options in eligible markets.
This integrated solution is designed to reinforce operations with quicker access to capital, ideal for covering inventory, payroll, or reinvestment opportunities. With this new collaboration, dlxFastFunds is seamlessly integrated within the Deluxe Payments Platform, helping ensure a simple enrollment process without extra systems or complications. By providing faster funding via Visa's payment network, Deluxe helps businesses respond to needs in near real-time and stay ahead of customer expectations.
