https://www.scmp.com/rss/524809/feed Visa Direct provides fast payment services that can turn cross-border transactions into a seamless, secure and efficient process to help small and medium-sized enterprises (SMEs) expand abroad. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Morning Studio editors Morning Studio editors A healthy cash flow is crucial for the success of businesses around the world, particularly small and medium-sized enterprises (SMEs). In addition to problems such as late payments by customers, rising costs and supply shortages, other issues such as expensive bank fees and delays in global remittance payments can cut into the profit margins of SMEs. However, Visa Direct, one of the world’s largest digital payment networks, which provides international money transfer services across Visa’s... https://www.scmp.com/native/business/topics/seamless-global-payments/article/3346292/how-smes-can-grow-without-global-cash-flow-problems?utm_source=rss_feed https://www.scmp.com/native/business/topics/seamless-global-payments/article/3346292/how-smes-can-grow-without-global-cash-flow-problems?utm_source=rss_feed Tue, 17 Mar 2026 04:00:09 +0000 Morning Studio editors Morning Studio editors Cross-border payments, whether by individuals or large corporations, play a crucial role in today’s global economy, with many studies, including one by the World Economic Forum, the Switzerland-based non-profit foundation, estimating that their value will reach US$250 trillion by 2027 – an increase of 60 per cent in a decade. For Visa Direct, one of the world’s leading digital payment networks, which provides international money transfer services across Visa’s global network,... https://www.scmp.com/native/business/banking-finance/topics/seamless-global-payments/article/3341227/how-fintechs-facilitate-cross-border-payments-smes?utm_source=rss_feed https://www.scmp.com/native/business/banking-finance/topics/seamless-global-payments/article/3341227/how-fintechs-facilitate-cross-border-payments-smes?utm_source=rss_feed Tue, 03 Feb 2026 04:00:39 +0000 Morning Studio editors Morning Studio editors Small and medium-sized enterprises (SMEs) are the world’s quiet but dependable engines that are driving growth – making up about 90 per cent of the business landscape in most economies, according to the World Bank. “Across Asia-Pacific, small and medium-sized enterprises are the backbone of local economies,” Rhidoi Krishnakumar, head of Visa Direct in Asia-Pacific, says. As these SMEs start to expand and look beyond their established domestic markets, they often seek payment providers that can... https://www.scmp.com/native/business/banking-finance/topics/seamless-global-payments/article/3334974/why-faster-friction-free-cross-border-payment-systems-help-smes-expand-their-horizons?utm_source=rss_feed https://www.scmp.com/native/business/banking-finance/topics/seamless-global-payments/article/3334974/why-faster-friction-free-cross-border-payment-systems-help-smes-expand-their-horizons?utm_source=rss_feed Wed, 10 Dec 2025 07:06:02 +0000