Global fintech platform Afriex has announced a partnership with Visa, a global leader in digital payments, to deliver real-time cross-border payment services across more than 160 markets worldwide.

Through the integration of Visa Direct via Afriex’s financial institution partner, users can now send and receive money instantly across borders, connecting directly to billions of eligible Visa accounts. The collaboration aims to make international transactions faster, more transparent, and more affordable for individuals and businesses.

Read Also: Seven Asian countries Nigerians can visit without visa

Commenting on the partnership, Tope Alabi, CEO of Afriex, said:

“For the millions of families and businesses who depend on remittances, speed and transparency matter most. Working with Visa allows us to combine Afriex’s innovation with Visa Direct’s global network, so money moves in real time, not days.”

According to the World Bank, remittances to low- and middle-income countries reached $669 billion in 2023, highlighting the growing demand for efficient and secure global payment solutions. The partnership between Afriex and Visa seeks to address this need by enhancing financial access and inclusion through technology.

The new service is already live on the Afriex mobile app, enabling users to experience seamless and instant international transfers.