Increase has expanded its instant‑payment suite to include push‑to‑card transfers, allowing platforms to send payouts, disbursements and refunds directly to eligible Mastercard or Visa cards. The move broadens the company’s real‑time payment rails and coincides with the appointment of Warren Brown as General Manager of its card‑issuing solutions.
Increase launches Push‑to‑Card transfers
The new Push‑to‑Card product enables companies to move funds to eligible Mastercard and Visa cards in seconds, 24/7, with no returns or reversals once sent. The service builds on Increase’s existing Real‑Time Payments and FedNow rails, offering a unified account that can also initiate ACH, wire, check, and other transfers. Access to the card networks is provided via redundant private leased lines for low latency and high reliability.
Expansion of instant‑payment capabilities
By adding push‑to‑card, Increase now reaches “billions of eligible cards domestically and internationally,” according to the company. The solution is positioned for platforms that need to serve diverse recipient bases, such as insurance claims, legal settlements, and refunds. The announcement also introduced Warren Brown as General Manager of Cards, highlighting his role in overseeing the expanded card‑issuing portfolio.
Availability and ecosystem
Push‑to‑Card transfers are available immediately through Increase’s API‑first banking core. The company processes “hundreds of billions of dollars in payments each year” for clients including Gusto, Ramp and Stripe, and operates under the banking licenses of Grasshopper Bank, First Internet Bank of Indiana and Core Bank. Interested platforms can start using the service via the product page on Increase’s website.
Key Takeaways
- Increase now offers push‑to‑card transfers to eligible Mastercard and Visa cards, delivering funds in seconds, 24/7.
- The solution extends the company’s instant‑payment rails—Real‑Time Payments, FedNow and now push‑to‑card—under a single unified account.
- Warren Brown has joined Increase as General Manager of its card‑issuing solutions, overseeing the new product line.
FinanceInsyte's Take
The addition of push‑to‑card gives fintech platforms a direct, real‑time payout option that bypasses traditional ACH reversals, which could simplify disbursement workflows. Buyers should monitor adoption rates and any operational guidance from the card networks, as performance will depend on network latency and eligibility criteria.
Source: Businesswire
