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Airbnb’s use of Visa’s real-time push payments platform — Visa Direct — enables hosts to easily move money from Airbnb to a bank account associated with a Visa debit card. Visa Direct on Airbnb is the latest initiative by Visa to extend assistance to its financial institution customers by providing solutions that can help buyers and sellers tap resources, move money, and solidify operations.
Ruben Salazar, SVP and global head of Visa Direct, said in a statement that giving hosts more control over their funds is a “powerful driver” to bolster recovery in local communities as the global economy rebounds from the COVID-19 pandemic. “Visa Direct capabilities on the Airbnb platform can help improve cash flow for hosts, allowing them to focus on welcoming travelers eager to explore the world again,” Salazar added.
https://www.pymnts.com/visa/2021/visa-teams-with-airbnb-to-facilitate-faster-host-payments/
