We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Can Visa Deepen Its Remittance Business Through ACE Partnership?
Read MoreHide Full Article
Key Takeaways
Visa partnered with ACE Money Transfer to support faster, more secure account funding for remittances.
V is expanding its reach across global remittance corridors through ACE's international network.
Visa reported 12% year-over-year cross-border volume growth in Q2 FY26.
Visa Inc. (V - Free Report) is strengthening its cross-border payments business through a strategic collaboration with ACE Money Transfer. The partnership will support V's Account Funding Transactions (AFTs), enabling customers to fund international money transfers using eligible payment cards more efficiently. By simplifying the funding process, the collaboration aims to deliver faster, more secure and reliable remittance services while enhancing the overall customer experience.
The agreement expands Visa's footprint in the growing digital remittance market, where consumers increasingly prefer quick and seamless international money transfers. ACE Money Transfer operates across multiple sending countries and more than 100 receiving destinations, giving Visa greater exposure to key remittance corridors. As digital payment adoption accelerates worldwide, the partnership could help drive higher transaction volumes across V's global network.
The collaboration also aligns with Visa's long-term strategy of expanding Visa Direct and strengthening its money movement capabilities. The company continues to invest in real-time payments, cross-border infrastructure and digital payment innovation to support consumers, businesses and financial institutions. Adding AFT capabilities to ACE's platform reinforces V's role in facilitating efficient account-to-account and person-to-person payments beyond traditional card transactions.
The latest collaboration reflects V's continued focus on expanding its payments ecosystem through partnerships that improve speed, security and convenience. In the second quarter of fiscal 2026, the company’s total cross-border volume rose 12% year over year. As demand for digital remittances continues to rise globally, strengthening payment infrastructure and broadening access to trusted money movement solutions could support Visa’s long-term growth across the cross-border payments market.
How Are Competitors Faring?
Some of V’s competitors in the payments space include Mastercard Incorporated (MA - Free Report) and PayPal Holdings, Inc. (PYPL - Free Report) .
Mastercard continues to expand its cross-border payments capabilities through Mastercard Move, enabling faster and more transparent domestic and international money transfers. MA is also strengthening its remittance ecosystem by partnering with financial institutions, fintechs and digital wallet providers to simplify global money movement.
PayPal is broadening its cross-border payments business by enhancing Xoom and its global wallet ecosystem, making international transfers faster and more accessible. PYPL is also integrating blockchain and stablecoin capabilities to improve settlement efficiency and support the evolving digital payments landscape.
Visa’s Price Performance, Valuation & Estimates
Over the past year, shares of Visa have risen 3% against the industry’s 15.9% fall.
Image Source: Zacks Investment Research
From a valuation standpoint, V trades at a forward price-to-earnings ratio of 24.74, well above the industry average of 17.09. V carries a Value Score of C.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Visa’s fiscal 2026 earnings implies a 14.2% jump from the year-ago period.
View the Zacks #1 Rank List
Image: Bigstock
Can Visa Deepen Its Remittance Business Through ACE Partnership?
Key Takeaways
Visa Inc. (V - Free Report) is strengthening its cross-border payments business through a strategic collaboration with ACE Money Transfer. The partnership will support V's Account Funding Transactions (AFTs), enabling customers to fund international money transfers using eligible payment cards more efficiently. By simplifying the funding process, the collaboration aims to deliver faster, more secure and reliable remittance services while enhancing the overall customer experience.
The agreement expands Visa's footprint in the growing digital remittance market, where consumers increasingly prefer quick and seamless international money transfers. ACE Money Transfer operates across multiple sending countries and more than 100 receiving destinations, giving Visa greater exposure to key remittance corridors. As digital payment adoption accelerates worldwide, the partnership could help drive higher transaction volumes across V's global network.
The collaboration also aligns with Visa's long-term strategy of expanding Visa Direct and strengthening its money movement capabilities. The company continues to invest in real-time payments, cross-border infrastructure and digital payment innovation to support consumers, businesses and financial institutions. Adding AFT capabilities to ACE's platform reinforces V's role in facilitating efficient account-to-account and person-to-person payments beyond traditional card transactions.
The latest collaboration reflects V's continued focus on expanding its payments ecosystem through partnerships that improve speed, security and convenience. In the second quarter of fiscal 2026, the company’s total cross-border volume rose 12% year over year. As demand for digital remittances continues to rise globally, strengthening payment infrastructure and broadening access to trusted money movement solutions could support Visa’s long-term growth across the cross-border payments market.
How Are Competitors Faring?
Some of V’s competitors in the payments space include Mastercard Incorporated (MA - Free Report) and PayPal Holdings, Inc. (PYPL - Free Report) .
Mastercard continues to expand its cross-border payments capabilities through Mastercard Move, enabling faster and more transparent domestic and international money transfers. MA is also strengthening its remittance ecosystem by partnering with financial institutions, fintechs and digital wallet providers to simplify global money movement.
PayPal is broadening its cross-border payments business by enhancing Xoom and its global wallet ecosystem, making international transfers faster and more accessible. PYPL is also integrating blockchain and stablecoin capabilities to improve settlement efficiency and support the evolving digital payments landscape.
Visa’s Price Performance, Valuation & Estimates
Over the past year, shares of Visa have risen 3% against the industry’s 15.9% fall.
Image Source: Zacks Investment Research
From a valuation standpoint, V trades at a forward price-to-earnings ratio of 24.74, well above the industry average of 17.09. V carries a Value Score of C.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Visa’s fiscal 2026 earnings implies a 14.2% jump from the year-ago period.
Image Source: Zacks Investment Research
Visa stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.