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‘Visa Direct’—By RBL Bank and Visa

Published on November 02, 2020
Current Context: The Ratnakar Bank i.e. RBL Bank in partnership with Visa launched ‘Visa Direct.
‘Visa Direct’—By RBL Bank and Visa
  • The ‘Visa Direct’ is a processing capability of Visa which allows safe and secure funds delivery in real-time to financial accounts using credit and debit cards.
  • The ‘Visa Direct’ follows RBL Bank’s philosophy of ‘Partners Ka Bank.
  • This ‘Visa Direct’ will enable RBL Bank to increase its offerings to fintech firms. 
  • It will also help RBL bank to advance tech-based banking solutions which will address the needs of its partners which will thus create a standardized digital payment solution experience to their customers. 
  • The fintech will get access to domestic transactions and benefits programme like refunds, card bill payments, cashback and disbursements through Visa Direct. 
  • Static Part: 
    • HQ of RBL Bank: Mumbai
    • Tagline of RBL Bank: Apno Ka Bank
    • MD and CEO of RBL Bank: Vishwavir Ahuja


Q.1 Visa in partnership with which bank launched Visa Direct’, which is an instant payout for fintechs firms?
a. Yes Bank
b. RBL Bank
c. Karnataka Bank
d. IndusInd Bank
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