I'm trying to develop an application from Visa Direct to make cross border payments from card to card / bank account. I would like to know does Visa Direct act as a payment gateway to make payments from card or should I integrate a third party payment gateway to initiate payment from card.
I'm happy to help you get started with Visa Direct. For Visa Direct, please look for an acquirer bank first who is willing to work with you before you even start Visa Direct integration and testing.
You'll 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.
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.
Happy to help answer your question. When you contact a Visa licensed acquirer, please tell them you need them to be a Visa Direct acquirer because not all Visa licensed acquirers are enabled to sponsor Visa Direct programs.