Finastra X-Border Connect enabled by Visa

Visa Direct enables payments directly to billions of financial accounts around the world

Solution Category
Individual Solution Integrations
Implementation
Cloud Hosted

Product Images

About this app

  • Reach to more destinations and allow your clients to pay anywhere in the world
  • Speed: pay as fast as possible to accounts, wallets and cards
  • Secured: ensure secured and transparent payment processing flow

Cross border payments to bank accounts, wallets and cards. Reaching billions of people and businesses.

Cross Border

Preferred foreign exchange rates, improved straight through processing rates by validations up front. Provide more payment options: bank accounts, wallets and cards to reach billions of individuals and businesses.

Pre-integrated

Integrated with Finastra's payment engines. Allow not only connectivity to Visa rail but also taking care of the necessary funding options to Visa's accounts. Provide the bank the flexibility to choose the best option to run effectively

Reduced operational costs

With the ability to centralize the work with Visa banks do not need to keep so much liquidity with too many correspondent banks. Banks can manage effective liquidity management with Visa

Building blocks

Retrieve the business date (previous or future) based on a given date and an offset

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Determine whether a specific day is a business day or a public holiday

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Initiate a new Customer Payment based on ISO20022 and perform pre-initiation calculations such as currency conversion rates

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Validate, deconstruct and retrieve the bank details for an IBAN account number

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Initiates payment routing request to the 3rd party provider in High Value and Immediate Payment rails and processes the first level technical acknowledgement response

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