Insurance Leaders and Visa Digitize Claims Payouts for Individuals and Businesses When They Need It Most
Visa Collaborates with
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Visa Direct powers real-time insurance payouts, providing people access to their funds when they need it most. (Graphic: Business Wire)
“Visa believes that money shouldn’t be a stressor in moments of crisis and waiting on average six to 10 days to access the money from insurance checks, is outdated, frustrating and costly to those in need,” said
Globally, payment services partners like
In the event of an auto accident, people may not be able to wait to receive checks from their insurance company as it could take days, even weeks, before funds become available. With Visa Direct,
Partner Quotes:
“With consumers having a myriad of digital options to pay their friends, relatives or businesses, it only makes sense for PNC to work with our clients to deploy business-to-consumer payment solutions,” said
“Saving time, saving costs, saving efforts: today’s consumers are constantly looking for the best way to streamline operations and boost efficiency,” said
“Delivering automated, instant compensation to today's consumers – especially at critical moments in their customer journey – is a must,” said
Visit Visa Direct to learn more about how
About
1 Actual fund availability varies by financial institution and region.
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