Visa Inc. and J.P. Morgan Payments announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments? customers, with the introduction of faster domestic payments in the US, through the Visa Direct network. With Visa Direct?s extensive reach in the US, J.P. Morgan Payments will empower merchants, businesses and fintech to embed faster domestic payments into their solutions, including its Push to Card payment rail, enabling fast and secure movement of funds directly to recipients?

bank accounts and digital accounts simply by leveraging the debit card credential. Combining Visa Direct?s real-time reach to bank accounts across the US, proven security, trust and value added services developed over decades will further enhance J.P. Morgan Payments? money movement solutions offered across client segments and business units.

Visa and J.P. Morgan Payments share a common vision: to create a world where money movement is seamless, secure, and accessible to all. This collaboration represents a significant step toward achieving that vision, and both organizations are committed to driving positive change in the financial ecosystem. J.P. Morgan Payments combines treasury services, trade, card and merchant services capabilities to help clients pay customers or employees, around the world.

They are a global leader, processing more than $10 trillion in payments daily, operating in over 160 countries and over 120 currencies.