RevoluPAY completed live testing trials of ACH – „Automated Clearing House” in Canada and USA, FPS – „Faster Payments Service” in the UK, and SEPA Instant – Single Euro Payments Area 27 countries. The Company also announced that it has begun the integration of Visa Direct technology.

The Company confirmed that these fundamental financial conduits are now live and operational. As central components of the Company’s future, „these transactional conduits are vital to the interoperability sought by worldwide RevoluPAY wallet holders who seek to embrace open banking as a cost-effective Hhghstreet bank replacement” – according to the press release.

Furthermore, these integrations are the key to the much-awaited launching and unleashing of some of our pending large-volume revenue platforms of RevoluREALTY, RevoluFIN, RevoluBET, and others yet unreleased publicity.

RevoluGROUP CEO, Steve Marshall, commented on this significant corporate milestone „RevoluPAY users worldwide sought a venerable replacement for their costly checking accounts of old. One key requirement for this adoption to occur was the ability of RevoluPAY to deliver primary electronic transactions until recently the sole purview of Highstreet banks. Incorporating ACH payments and domiciled ACH billing for Canada and the US has long been the backbone of North American banking. For the UK, FPS, the Faster Payments Service directive, and the entire SEPA instant EU block 27 countries. RevoluPAY now runs head-to-head with regular banks. Our preemptive deployment of Open Banking is a testament to our future focus as governments around the globe gradually embrace decentralizing our financial future by bringing our banking onto our handheld devices.”

Visa Direct – Planned launch May 2023

Visa Direct is, without a doubt, the next frontier for electronic payments. The ability to remit funds directly to any cardholder anywhere in the world would have seemed unthinkable just a few short years ago. On August 4^th, 2022, RevoluPAY became an affiliate member of Visa, permitting the gradual inclusion of Visa Financial Technology into all facets of RevoluPAY.

The Company also announced that it has begun the integration of Visa Direct^® Technology and expects to begin live trials with select users on April 3^rd, 2023. The Company expects the Visa Direct^® Technology to be live for all RevoluPAY users by May 2023. „Visa Direct will revolutionize how our users transact.” – the company says.

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The Company’s flagship Neobanking technology is RevoluPAY®, the Apple and Android multinational payment app. Conceived entirely in-house, RevoluPAY features proprietary, sector-specific technology of which the resulting source code is the Company’s intellectual property. RevoluPAY’s built-in features include Remittance Payments, Forex, Crypto-to-fiat exchange, Retail and Hospitality payments, Real Estate Payments, pay-as-you-go phone top-ups, Gift Cards & Online Credits, Utility Bill payments, Gaming Credits, Leisure payments, Travel Payments, etc. 

RevoluGROUP Canada Inc. is a multi-asset, multidivisional, publicly traded Canadian Company deploying advanced technologies in; Banking, Mobile Apps, Money Remittance, Cross-Border Forex Payments, Mobile Phone Top-Ups, EGaming, Healthcare Payments, Esports, Invoice factoring, Online Travel, Vacation Resort, Blockchain Systems, and Fintech app sectors.