Quicklly And Visa Unite To Enhance Cross-Border Payments To India

In a significant move to enhance the efficiency of cross-border payments, Quicklly, recognized as the leading South Asian Marketplace, has partnered with Visa, a global giant in digital payment solutions. This collaboration aims to introduce a real-time remittance service to India, setting a new standard for international transactions. With the integration of Visa Direct, Visa's advanced payment solution, this initiative promises to streamline the process of cross-border payments, making them as seamless as domestic transfers.

Quicklly's extensive reach within the South Asian community, combined with Visa's international presence, creates a formidable alliance that is poised to offer swift, effective, and user-friendly payment solutions to the Indian diaspora worldwide. This partnership is not just about facilitating transactions; it's about connecting families and friends across the globe through financial support. Scheduled to be launched in the third quarter of 2024, this innovative service is designed to cater to the growing demand for hassle-free international money transfers.

Hanish Pahwa, Co-Founder & Co-CEO at Quicklly, emphasized the company's commitment to bringing the Indian community closer through convenient and meaningful services. "Enabling an easy-to-use, real-time remittance solution has increasingly become one of our top priorities," Pahwa stated. Yanilsa Gonzalez-Ore, North America Head of Visa Direct, also highlighted the importance of secure and convenient remittances for millions who support their loved ones abroad. "We are dedicated to making a significant impact on the lives of individuals and families across borders," Gonzalez-Ore added.

The collaboration between Quicklly and Visa is not just about financial transactions; it's about understanding and addressing the diverse needs of their customers. By combining cutting-edge technology with a customer-centric approach, this partnership aims to simplify and transform how money is sent and received by individuals in India and across the South Asian subcontinent. However, it's important to note that the actual availability of funds from Visa Direct transactions may vary depending on several factors including the receiving financial institution, account type, region, and compliance processes.

This initiative represents a significant step forward in the evolution of cross-border payments, offering a glimpse into a future where sending money internationally is as simple and straightforward as a local bank transfer. As Quicklly and Visa prepare to roll out this service in 2024, they are setting a new benchmark for innovation and convenience in the financial services sector.