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Visa launch real-time payments platform Visa Direct in Europe
Visa has announced the European launch of Visa Direct – a real-time payments platform that allows companies to leverage Visa’s global reach and scale to transform domestic and cross-border payments for businesses and consumers. Visa Direct enables person-to-person (P2P), business-to-consumer (B2C), and business-to-business (B2B) payments. With Visa Direct, funds can be transferred into the recipient’s [...]
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Bank of America and PayPal partner to enable in-store payments
Bank of America and PayPal announced a strategic partnership that will enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards into PayPal. The agreement will take effect immediately, with availability to Bank of America customers in the first half of 2018. The two companies will [...]
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PayPal and Visa ink deal to offer debit cards in Europe
PayPal has signed a deal with Visa that allows it to issue Visa branded debit cards in Europe, as the company moves further into traditional retail banking territory. The two companies penned the agreement to collaborate in offering payments services across the continent, cancelling a longstanding competitive tension. Card companies have come under pressure from [...]
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PayPal partners with Android Pay for mobile payments
In news from the Google I/O the tech giant announced that they will partner Android Pay and PayPal for a mobile payments platform, the companies announced this morning. The partnership will see PayPal becoming available as a payment method in the Android Pay service, which will allow US users to pay for things like Uber [...]
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When the alternative goes mainstream…
When bank-account funded payments, real-time payments, mobile and other digital payments are actually the default way to pay in many countries, the term ‘alternative’ seems a misnomer. We examine current and future trends in how the world chooses to pay and be paid, and the implications for customer value propositions and legacy infrastructure. Payment habits [...]
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