Solution: Real-time⁴ funds when users need them
As Commerce Bank discussed its needs with Visa, a push-to-debit system enabled by Visa Direct really started to make sense. By creating a standalone, push-to-card payout option, Commerce Bank could enable merchant clients and non-clients alike to deposit funds to a customer’s bank account using their existing debit card in real time⁴.
"As the insurance industry moves to a more customer-centric model, our platform — coupled with Visa Direct — enables our insurance customers the ability to provide faster, more secure payments,” says Jeff Schultz of Commerce Bank. “By providing straight-through process in claims, we improve the overall customer experience.”