Authvia to Integrate Visa Inc's (V) Visa Direct into its TXT2PAY Solution

Visa Inc. (NYSE:V) is one of the Best Financial Stocks to Buy Right Now. On August 25, Authvia, a leader in text-based payments, announced integrating Visa Inc.’s (NYSE:V) Visa Direct into its TXT2PAY solution.

The new integration allows businesses to send funds instantly to eligible Visa debit cards through a simple text message. This feature is useful for industries including healthcare, automotive services, insurance, and gig economy platforms, where users can make fast payments such as refunds, insurance settlements, reimbursements, and incentives.

As a result of this integration, customers receive funds directly to their Visa cards without needing physical checks, apps, or logging into portals. Moreover, they can also verify their identity, confirm payout details, and get paid, all within a familiar messaging thread.

Visa Inc. (NYSE:V) is a global payments technology company that enables money movement and commerce across more than 200 countries.

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Disclosure: None. This article is originally published at Insider Monkey.