The podcast episode discusses the Payouts to Cards solution, offered by Verestro Fintech as a Service, which allows money to be transferred quickly and easily to Mastercard or VISA cards.
The service works similarly to traditional bank transfers, but using the card number instead of the bank account number. The main advantages of Payouts to Cards are the speed of the transfer (usually within 30 minutes) and the ability to send money worldwide. It can be an attractive alternative to traditional transfer methods.
If you’re interested in launching such a fintech product in your app, read more in the Verestro Developer Zone: https://developer.verestro.com/books/knowledge-center/page/payout-to-cards