Going Live Visa Direct

[fordiego44]

Hi Visa Developers 

I integrated the Api Visa Direct with my system using sandbox, and then I send Information of my bussiness and information of the project , so Visa Developer verificate these 2 steps ?  And I read Visa Direct about it need a sponsor (a banck with visa direct), the sponsor is obligatory ? I don't know how work it,  Visa developer send certification after check my information, and apart I have to do a contract with a bank associated with visa direct ? and for the price , This bank also charge me a comission apart of the api or is a one comission in general? 

[API_Products · Accepted solution]

Hey @fordiego44,

Those are great questions and I'm happy to help you answer them. Please kindly see my inline answers below and let us know if I can help you with anything else.

[Question] I integrated the Api Visa Direct with my system using sandbox, and then I send Information of my bussiness and information of the project , so Visa Developer verificate these 2 steps ?
[Diana] Can you please confirm where you sent the information of your business and the information of your project to? Did you submit this information using email, if so, please provide the email address that you submitted this information to. Also, it's important for you to know that if you meet the requirements of having a sponsor bank, then, if you haven't done so already, please proceed with filling out the Visa Direct Program Implementation Questionnaire and email this questionnaire to the email address listed on the form. Someone from the Visa Developer team will verify your business information and project information. Here's the link to the questionnaire - https://developer.visa.com/images2/products/visa_direct/VisaDirect_Program_Implementation_Questionna...

[Question] And I read Visa Direct about it need a sponsor (a banck with visa direct), the sponsor is obligatory ?
[Diana] As stated above, it's required that you have a sponsor bank to integrate Visa Direct into your project so that you can go into production. 

[Question] I don't know how work it, Visa developer send certification after check my information, and apart I have to do a contract with a bank associated with visa direct ?
[Diana] Yes, you will need a sponsor (Acquirer bank), who can do settlement for you. Acquirer means banks who can accept payments. You will have to develop a relationship with visa acquirer banks, which will help you create an account to do settlement on behalf of your clients which has different bank’s issued cards.

We do not have any preference on the bank of the financial institution that you use. Therefore, you need to contact a local financial institution of payment processing companies.

When contacting a Visa licensed acquirer, make sure to tell them you're looking for a Visa Direct acquirer. That's because not all Visa licensed acquirers are enabled to sponsor Visa Direct programs.
 
If you are not able to find an acquirer, please refer to this page - https://usa.visa.com/run-your-business/visa-direct/find-a-partner.html 

[Question] and for the price , This bank also charge me a comission apart of the api or is a one comission in general?

[Diana] Visa Direct is a bit more complicated.  Before Visa can talk about pricing, it depends on who your partner acquirer is because it varies by Acquirer/Visa negotiations. Plus, an NDA for Visa Direct is required before discussing rates as the information. Once you fill out and submit the Visa Direct Program Implementation Questionnaire to us, a Visa Direct representative will reply back to your email to assist you.

Please let us know if you have other questions and someone will be happy to help.