Orum Teams Up with Visa Direct to Launch Faster Payments

Orum is enhancing the capabilities of our Deliver API solution to include real-time fund transfers to and from bank accounts via debit card, powered by Visa Direct. 

Deliver is the simplest API for fast, reliable payments. The best-in-class money movement solution allows businesses and financial institutions to integrate quickly to a single API that optimizes and orchestrates payments across FedNow, RTP, Same Day ACH, ACH, Wires – and now Visa Direct.

U.S. customers are now able to use Deliver to reach over 99% of bank accounts in the US via a linked debit card. 

These card payments are often referred to as Original Credit Transaction (OCT), or push to card, and Account Funding Transaction (AFT), or pull from card. With Orum’s Deliver API businesses can support a variety of use cases such as making immediate payments for cash advances or enabling quick settlement of transactions for insurance or refunds. In today’s world of real-time expectations, users expect fast, seamless payment experiences. And with today’s announcement, you can deliver just that.

At Orum, our mission is to make money move — we are thrilled to add Visa Direct to Orum’s Deliver API. We’ve heard our customers loud and clear, and built this game-changing solution to empower businesses to move money across millions of additional accounts. At Orum, we are obsessed with customer feedback, and the demand for card rails to be added into a unified solution was evident. We’re proud to partner with Visa, continue innovating on our Deliver API, and expand our innovative offerings.

— Stephany Kirkpatrick, Founder and CEO, Orum

We share a joint vision with Orum of making money movement simple, fast and secure for everyone, everywhere. Real-time¹ payments can be used for a variety of purposes, including payouts to businesses, consumers, and gig economy workers. By integrating Visa Direct into Deliver API, we’re enabling Orum customers to move money with speed, convenience and peace of mind

— .Yanilsa Gonzalez-Ore, North America Head, Visa Direct

Orum's Deliver API

• Provides businesses with the simplest API for fast, reliable payments – a modern solution that allows enterprises to move money seamlessly at scale to millions of customers via Visa Direct.
• Enhances Orum’s ‘Direct to Fed’ money movement solution that is built on a direct connection to the Federal Reserve’s payment rails as a service provider.
• Allows businesses to push and pull payments directly to and from users' cards or bank accounts, streamlining outdated processes, and optimizing for time and cost in real-time¹. 
• Enables businesses to access bank-rate pricing, expanded processing windows, all major bank rails, and push-and-pull-to-card capabilities with a single integration that takes two weeks or less to set up.
• Connects with Orum’s Verify solution, giving businesses an innovative solution that instantly validates bank account ownership and verifies the account is open, valid, and ready to send and receive payments. 

Want to get set-up quickly?

Schedule a demo with one of our payment experts today. We can get you set up in two weeks or less without costly bank integrations or prolonged compliance reviews.

¹Actual fund availability depends on receiving financial institution and region.