New transfer option allows CadRemit users to send USD directly to U.S debit cards. No bank account or routing number required.
CadRemit, the international remittance platform for sending and receiving Euro, CAD and Naira has rolled out a new transfer option, Push-To-Card, which lets to send USD directly to the recipient’s Visa or Mastercard debit cards linked to a U.S. bank account. Transfers with Push To Card happen within minutes, making it perfect if you’re looking for instant transfers.
Unlike traditional ACH transfers that require routing and account numbers, for Push-To-Card transfers, you’ll need just the recipient’s 16-digit debit card number and expiry date. This update reduces friction in transfers to the United States and makes cross-border payments more accessible.
A spokesperson for CadRemit said, “This feature reflects our goal of improving user experience through speed, simplicity, and expanded accessibility. With Push-To-Card, we have removed unnecessary delays and reliance on full bank details.”
How the new Push-To-Card feature works
This transfer option is accessible on the CadRemit app when you want to send USD. To initiate a transfer, you have to choose Push-To-Card as your transfer option; you’ll only need to add the recipient’s debit card number and expiry date. With this new update, CVV and routing numbers are not required.
Transfers are processed instantly, with no delay across weekends or public holidays. The feature supports transactions from $5 up to $10,000, with a daily cap of $10,000 per user. It is available exclusively for US-issued Visa Direct and Mastercard Send debit cards.
Push-To-Card does not support credit cards or debit cards issued outside the United States. It supports USD, and only works for USA-issued debit Master & Visa cardholders. But you can also send Euro, CAD, and Naira to the USD Card.
There are no additional charges for using Push-To-Card, and the card details are never stored. Security protocols are in place to ensure that only card numbers and expiry dates are used, protecting both sender and recipient. And can’t debit the recipient’s card as the CVV is not required.
The key requirements for using the Push-To-Card transfer option include:
- The recipient must have a US-issued Visa or a Mastercard debit card.
- The sender must add the 16-digit card number and expiry date; however, the CVV is not required.
- Minimum transfer amount is $5; maximum per transaction is $10,000.
- Transfers are only available in USD.
- No fees are charged for using the service.
- Funds are routed directly to the recipient’s bank account via their card.
Why you’ll love it:
Speed: The recipient will receive the money immediately.
Always on: With Push To Card, you can make transfers on weekdays, weekends, and even on holidays.
Convenience: There’s no need to use the recipient’s bank account or routing numbers. Just their card number and expiry date.
By removing the need for full banking information, CadRemit has created a less error-prone transfer method..The service runs 24/7 and does not depend on bank processing time. It is suitable for both personal remittances and small business payments.
About CadRemit
CadRemit is a cross-border remittance platform built to help users send money between Canada, the USA, Europe, and Nigeria. The platform supports instant payments, virtual USD and Euro accounts, and tuition payments to over 50 Canadian schools. CadRemit offers various transfer options, including SEPA, ACH, Interac®, and now Push To Card.
For more information, visit https://cadremit.com/ or download the CadRemit app on the Google Play Store or App Store.
Media Contact: contact@cadremit.com.
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