Moves, the Gig Economy Banking App, Partners with Astra for Real-time Transfers Through Visa Direct
SAN FRANCISCO, (VSNewsNetwork.com) - July 26, 2023 - Moves, a banking application created specifically for gig workers, today announced a strategic partnership with Astra, a platform for accelerated payments. This partnership is set to employ Visa Direct, Visa's real-time push-to-card payment platform, to deliver instant transfers for members of Moves.
Given the growing significance of the gig economy in the U.S., there is a pressing need for financial tools designed to address the distinct needs of this workforce. This collaboration with Astra enables Moves to respond to this demand by providing their customers the ability to make and receive real-time payments, enhancing their financial autonomy. Moves' CEO, Matt Spoke, emphasizes the company's commitment, stating, "At Moves, we are committed to providing a financial experience tailored to the needs of gig workers. By offering our customers real-time payment settlements, we are filling a key gap in the gig economy."
Through the integration of Astra's payment technology with Visa Direct, Moves offers its customers the convenience of initiating real-time transfers to and from their Moves account. This not only alleviates the waiting time associated with conventional payment methods but also allows gig workers to consolidate income from multiple sources into a single account or transfer funds within the same user session.
Gil Akos, CEO of Astra, expressed his enthusiasm about the collaboration: "We are excited to partner with Moves to bring gig workers the benefits of more efficient time to money through Visa Direct. At Astra, we are committed to providing innovative payment solutions that help businesses and individuals achieve their financial goals."
This collaboration further strengthens Moves' position as a key player in the digital finance space catered to the gig economy. For more information on the services provided by Moves and Astra, visit: https://astrafi.com/for-banking/.
Source: Astra via Business Wire
