Visa and RemitBee Strike Deal to Enable Real-Time Transfers for C$26.7B Canadian Remittances
RemitBee and Visa Canada are collaborating to integrate Visa Direct into RemitBee’s platform, enabling real-time cross-border payments for over 350,000 users across 190+ countries and 150+ currencies. The partnership leverages Visa’s risk, compliance and security controls to accelerate remittance flows in Canada, where migrants sent C$26.7 billion abroad in 2025.
1. Integration Overview
RemitBee will integrate Visa Direct into its fintech platform, allowing Canadian senders to execute instant cross-border payments directly to recipients’ eligible bank accounts, digital wallets and Visa cards worldwide. This integration aims to reduce transfer times and enhance the user experience for personal and business customers.
2. Platform Reach and Scale
RemitBee serves over 350,000 users across more than 190 countries, offering transactions in 150+ currencies and connecting to 200 payment systems. The expanded network through Visa Direct adds global reach and deepens RemitBee’s existing infrastructure.
3. Canadian Remittance Market Context
In 2025, Canada’s immigrant community sent C$26.7 billion in remittances abroad, highlighting strong demand for faster and more secure payment solutions. The partnership addresses these needs by enabling real-time money movement and greater transparency.
4. Strategic Impact for Visa
This alliance strengthens Visa Direct adoption in Canada, tapping into a large remittance corridor and potentially increasing transaction volumes. It also reinforces Visa’s market position by leveraging its risk management, compliance and security controls to support a homegrown payment ecosystem.