Dhaka, June 1 -- Visa, a global leader in digital payments, has announced entering a partnership with Meghna Bank PLC to launch Visa Direct for Account in Bangladesh.

This first-of-its-kind partnership in the country introduces an innovative outward remittance channel to facilitate faster and cost-effective payments to eligible bank accounts globally, according to a press release.

Visa Direct for Account offers an API-based solution designed to enable secure, efficient, and seamless payment processing, which aligns with Visa's commitment to enhancing customer experience and expanding cross-border payment capabilities.

With speed, convenience, trust and safety, this will address significant challenges such as missed tuition fee deadline...