MassPay Holdings LLC announced its integration of Visa Direct, a move designed to enable faster payouts to cards, bank accounts, and digital wallets through MassPay’s proprietary orchestration platform. This collaboration addresses the complexities of global fund disbursement for businesses.
For companies managing cross-border payments to gig workers, marketplace sellers, or independent contractors, traditional methods involve intricate relationships with multiple banks, payment processors, and compliance providers across various countries. These processes are often slow, with payments taking days to clear, and require significant resources to navigate diverse regulatory landscapes.
MassPay’s platform simplifies these challenges using a proprietary orchestration layer supported by an extensive network of banks and financial institutions worldwide. Its AI-driven routing engine analyzes each transaction in real time, automatically selecting the most efficient payment path based on criteria such as speed, cost, and compliance requirements. The platform currently processes billions of dollars annually.
The integration with Visa Direct provides MassPay with direct access to Visa’s global network. This allows businesses to use a single connection for payouts across more than 200 markets, with funds arriving quickly and in a compliant manner. Vira Platonova, Global Head of Visa Direct, stated, “Visa Direct enables fast, secure, and transparent movement of funds, and our collaboration with MassPay extends those benefits to even more businesses and consumers. By integrating Visa Direct, MassPay can offer real-time payout experiences across a wide range of domestic and cross-border flows, helping organizations operate more efficiently and deliver the speed their customers increasingly expect.”
Ran Grushkowsky, Chief Executive Officer at MassPay, commented on the collaboration, “By joining forces with Visa Direct, we’re able to improve how businesses can access global payout infrastructure. We’ve built enterprise-grade technology that handles the operational complexity, regulatory requirements, scale and speed that global businesses demand. We’re the bridge between Visa’s trusted network and any business that needs to move money internationally.”
This partnership aims to solve operational challenges by allowing businesses to access Visa Direct’s network through MassPay’s platform, which includes built-in compliance, currency conversion, and identity verification. Companies maintain control of their data and relationships while gaining access to infrastructure that would typically require substantial investment and development time.
MassPay’s platform supports direct payouts to debit cards, real-time bank transfers via Visa Direct, and digital wallet funding, all through a single integration. The platform manages multi-currency transactions with transparent foreign exchange rates and incorporates enterprise-grade compliance capabilities. Actual fund availability for all Visa Direct transactions may vary depending on factors such as the receiving financial institution, account type, region, and compliance processes.
