Webull partners with Visa for instant money transfers
Webull, the online brokerage known for its commission-free trading, has announced a strategic partnership with Visa to implement real-time fund transfers via Visa Direct on the Webull U.S. platform.
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
This integration marks a significant improvement for U.S.-based users, enabling them to instantly deposit or withdraw funds from their brokerage accounts using debit cards, bank accounts, or digital wallets. Unlike traditional ACH (Automated Clearing House) transfers, which can take several days to process, Visa Direct allows transfers in under a minute, offering the speed and flexibility modern investors demand, according to a report on PR Newswire.
New functionality and benefits for active traders
The newly introduced “Deposit” feature, powered by Visa Direct, provides users with immediate access to trading capital and allows them to respond quickly to market developments. This is especially valuable for active traders and retail investors who require rapid access to funds in volatile market conditions.
Anthony Denier, Group President and U.S. CEO of Webull, stated:
“Webull has always strived to improve access to financial tools and services. We are proud to collaborate with Visa and its extensive network to expand opportunities in financial markets.”
Strengthening market position
This move aligns with a global trend in the financial industry toward real-time money movement, where users expect the same speed and simplicity in transferring funds as they do in online shopping or instant messaging.
Yanilsa Gonzalez-Ore, Senior Vice President and Head of Visa Direct for North America, emphasized:
“With Visa Direct, Webull can offer its customers the speed, flexibility, and protection they want through real-time payments.”
As Webull continues to grow its user base—particularly among tech-savvy investors—this partnership with Visa sets a new standard for speed and efficiency in online brokerage services. The integration highlights Webull’s ongoing mission to democratize finance through innovation and accessibility.
It’s worth noting that Webull Singapore, the broker’s Asia-based division, and GTN, a global fintech firm, previously announced a strategic partnership aimed at offering fractional fixed-income investments to users across the Asia-Pacific region.
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