{
  "id": 6728449,
  "title": "Visa Direct Targets Cross-Border Trade’s SMB Payment Gap",
  "url": "https://urgent.news/2026/09/11/visa-direct-targets-cross-border-trades-smb-payment-gap",
  "topic": "world",
  "section": "World",
  "published": "2026-09-11T08:03:53.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/news/cross-border-payments/2026/visa-direct-targets-cross-border-trades-smb-payment-gap/"
  },
  "original_language": "en",
  "account": "Visa Direct is addressing the cross-border trade payment gap for small and mid-sized businesses (SMBs). These companies face difficulties in sending funds abroad due to lengthy settlement times, unclear fees, and limited visibility. The legacy infrastructure and lack of banking relationships hinder these businesses from scaling internationally. For instance, a $1,000 transaction from the US to Europe can take multiple days and the SMB may not know when the funds will arrive. Visa Direct offers connectivity to bank accounts, debit cards, prepaid cards, and 60+ card and wallet networks, while MassPay provides the integration layer with routing, orchestration, and compliance support. The challenge lies in licensing, compliance, risk management, and policies. SMBs can benefit from faster and more predictable delivery, allowing them to use their funds for additional business purposes.",
  "summary": "Watch more: PYMNTS On Air With Justin Zhao of Visa Direct and Ran Grushkowsky of MassPay A small business can find a customer, supplier or contractor halfway around the world in minutes, then may spend several days trying to determine where the payment went. For a small or mid-sized business (SMB), sending funds abroad can […] The post Visa Direct Targets Cross-Border Trade’s SMB Payment Gap…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}