LONDON, UK -
Media OutReach Newswire
- 13 July 2026 - ACE Money Transfer, a leading global remittance
provider, today announced a strategic collaboration with Visa, a world
leader in digital payments.
The collaboration marks an important milestone in ACE Money Transfer's
continued investment in strengthening its global payments infrastructure
and expanding its collaboration with one of the world's most trusted
payment technology companies.
As part of the collaboration, ACE Money Transfer will work with Visa to
promote Account Funding Transactions (AFTs), supporting a faster and
more seamless money transfer experience. The initiative reflects both
organisations' shared commitment to enhancing the efficiency, security,
and reliability of international payments.
By combining
ACE Money Transfer's
expertise in global remittances with Visa's extensive payments network,
the collaboration aims to support secure digital payment experiences
while creating greater convenience for customers sending money to family
and friends around the world.
"Visa's AFT capability strengthens the infrastructure underpinning every
card-funded transfer on our platform. This is about building a payments
stack that performs for our customers, and for the corridors we serve."
said
Rehan Ashraf, Head of Payments and Banking Infrastructure at ACE Money Transfer. "Our
collaboration with Visa represents an important step in strengthening
our payment capabilities. By working closely with Visa to support
Account Funding Transactions, we are enhancing the way customers fund
their transfers while continuing to invest in secure, reliable and
efficient payment experiences".
Olga Ovchinnikova, VP Head of Visa Direct Europe, said, "As
demand for digital cross-border payments grows, collaboration across
the payments ecosystem is more important than ever. By expanding our
work with ACE Money Transfer across Visa Direct capabilities, we're
helping enable secure, seamless and reliable money movement for
customers around the world. Together, we're making it easier for ACE
customers to fund and send transfers efficiently, helping meet the needs
of individuals and families who rely on fast, convenient cross-border
payments."
The collaboration also reflects both organisations' commitment to
driving greater adoption of digital payment solutions and supporting the
continued evolution of international money movement through trusted
technology, strong collaboration, and shared innovation.