Geoswift Partners with Visa Direct to Expand Cross-Border Payment Services Across 32 Countries

Geoswift Launches Visa Direct to Expand Cross-Border Payment Options in Over 30 Countries VANCOUVER, British Columbia & SINGAPORE – Geoswift, a leading provider of cross-border payment services, today announced the integration of Visa Direct into its platform. This collaboration will significantly broaden Geoswift's payout capabilities, enabling transactions in 32 countries and territories across 13 currencies. The service covers major markets in Asia Pacific, North America, Europe, and the Middle East, with additional regions planned for the future. "Our partnership with Visa enhances our global reach, empowering our customers to achieve their business goals more effectively on a global scale," Raymond Qu, Group CEO of Geoswift, stated. "At Geoswift, we have always envisioned delivering borderless payment solutions, and this integration marks a significant step toward that goal." Visa Direct, a part of Visa's global payment network, facilitates payouts to over 140 countries and territories. Swapnil Mhasde, Head of Visa Direct Commercialisation and Solutions in Asia Pacific, expressed confidence in the potential of this partnership. "We believe this collaboration will create new opportunities for Geoswift in Asia Pacific," he said. "Visa Direct's mission is to simplify, expedite, secure, and reduce the cost of money movement through a single point of access that connects businesses everywhere." About Geoswift Founded in 2010, Geoswift is a pioneering global payment technology company with a focus on cross-border payments in the Asia Pacific (APAC) region. The company has built a reputation for innovative solutions, deep regulatory expertise, and robust banking relationships. Geoswift is licensed in the United States, United Kingdom, and China, and operates an extensive payment network that spans APAC, North America, and Europe, Middle East, and Africa (EMEA). Geoswift offers a wide range of services tailored to various industries, including education, e-commerce, travel, and financial services. Its comprehensive suite of products includes payment acceptance, business payouts, foreign exchange, multi-currency business accounts, card solutions, and more. Headquartered in Vancouver, Canada, Geoswift maintains regional offices in Beijing, Hong Kong, Shanghai, San Francisco, London, Singapore, and Shenzhen, providing localized and seamless payment solutions to clients worldwide. This integration with Visa Direct is a testament to Geoswift's commitment to innovation and expansion. By leveraging Visa's technology, Geoswift can offer enhanced payment options, further solidifying its position as a leader in the global cross-border payment space.