Immediate, a Birmingham-based financial wellness startup, has launched a new integration with Visa.
The new offering will allow users to receive requested funds directly onto an eligible debit card in real-time through Visa Direct, their push payment platform. Any eligible existing Visa debit card can be linked in Immediate’s app, enabling users to transfer and use money on the card in real-time.
Financial terms of the deal were not disclosed.
“Workers who request early access to their earned wages often need the money quickly, especially if it’s for a health emergency, car repair or other unforeseen expense,” said Matt Pierce, co-founder and CEO of Immediate. “We’re very excited to launch this new integration with Visa because it gives users more convenient access to their earned pay whenever they need it, without having to worry about banking hours or holidays.”