Timing when to exchange money from one currency to another is something we've probably all experienced. Domestic payments are getting faster and cheaper in many countries. The challenge now is to link those systems together and make cross-border payments as fast and as seamless as the best domestic systems to meet customer expectations for fast money movement no matter where it's being sent. So how does this infrastructure impact currency exchange? To get a better sense of all this, we talk to Piers Marais, who oversees product strategy for Visa Cross-Border Solutions and Currencycloud client base. He draws on his extensive background in payments to ensure that Visa Cross-border solutions and Currencycloud are continually at the forefront of the latest payment innovations. We also speak to Kathy Lien whose expertise is an on-the-ground FX trader will help us see the use cases and the benefits of the tools that have been revolutionizing currency trading.
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- Actual fund availability varies by receiving financial institution, receiving account type and whether transaction is domestic or cross-border.
- Use cases are for illustrative purposes only. Program providers are responsible for their programs and compliance with any applicable laws and regulations.
- Twelve months 1 October 2021 – 30 September 2022. Visa Inc, Quarterly Results, Q4 2022 Transcript.
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