Post Tagged with: "Visa"

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

by September 6, 2016 at 1:48 pm 1 comment

Last month it was announced that Visa had made a deal with PayPal, which gave PayPal access to payments via Visa cards at the point of sale, and today it’s finally clear why MasterCard CEO Ajay Banga was confused about the supposed “exclusivity” of the deal—because there isn’t any (unless itRead More

Visa Europe, BTL Group Partner To Test Blockchain Settlement

Visa Europe, BTL Group Partner To Test Blockchain Settlement

by September 1, 2016 at 12:11 pm 3 comments

It was announced today that Visa Europe Collab, part of Visa Inc, will be partnering with the world’s first publicly listed blockchain company, the BTL Group, in order to test out a proof of concept on running interbank settlements through blockchain. Backed by Visa, which has been exploring the potential applicationsRead More

Visa’s Head of Global Strategic Partnerships To Speak at Israel Event

Visa’s Head of Global Strategic Partnerships To Speak at Israel Event

by August 25, 2016 at 11:50 am 1 comment

Bill Gadja, Visa’s senior vice president of innovation and strategic partnerships, has confirmed that he will attend Bank Innovation Israel to speak about payments. Bank Innovation Israel is the leading fintech event in Startup Nation, as Israel is called.

Amex Shoots Down OptBlue Rumor

Amex Shoots Down OptBlue Rumor

by August 11, 2016 at 4:33 pm 2 comments

American Express today dispelled market rumors that it would expand its OptBlue program. The program, launched in May 2014, allows merchants who charge less than $1 million a year through American Express, to use one of 18 merchant processors to secure a lower discount rate. Market participants tell Bank InnovationRead More

ClearXchange Partnership Reinvigorates Popmoney

ClearXchange Partnership Reinvigorates Popmoney

by August 8, 2016 at 5:09 pm 2 comments

The two leading providers of realtime bank-based peer-to-peer payments solutions have joined forces. Last week, Fiserv, which operates the P2P solution Popmoney, and Early Wanring, the owner of clearXchange, announced a strategic alliance that connects thousands of banks and millions of bank customers in a realtime money transfer system. Together, FiservRead More

Fiserv, PayPal and Square Join Visa Direct Realtime Network

Fiserv, PayPal and Square Join Visa Direct Realtime Network

by August 5, 2016 at 11:50 am 2 comments

The ubiquity of realtime money transfers in the U.S. took a step forward with yesterday’s news that Visa Direct was partnering with such major players as PayPal, Fiserv, and Square. Fiserv became one of the many companies choosing to partner with Visa for faster and more secure payment services, it wasRead More

MasterCard and Visa Join ClearXchange Realtime Payments Network

MasterCard and Visa Join ClearXchange Realtime Payments Network

by August 2, 2016 at 4:41 pm 7 comments

Realtime has gone prime time with the addition of Visa and MasterCard to the clearXchange payments network. Today, Early Warning, which owns clearXchange, expanded its realtime payments network by adding both the Mastercard Send and Visa Direct platforms, a move that will allow nearly every U.S. debit card holder to send andRead More

MasterCard CEO Doesn’t Understand ‘Exclusivity’ of PayPal-Visa Deal

MasterCard CEO Doesn’t Understand ‘Exclusivity’ of PayPal-Visa Deal

by July 29, 2016 at 12:02 pm 1 comment

PayPal and Visa jointly announced a deal last week giving PayPal access to Visa payment rails at the point of sale, and giving Visa cards preferential treatment within the PayPal environment. The deal is exclusive for 12 months, Visa CEO Charlie Scharf noted. The world found out yesterday what that exclusivity means for MasterCard:Read More

PayPal’s Future Will Be Built on Partnerships

PayPal’s Future Will Be Built on Partnerships

by July 22, 2016 at 10:58 am 2 comments

PayPal‘s partnership with Visa is only the beginning, according to CEO Dan Schulman. The payments industry was awash in rumors of a PayPal-Visa partnership this week, and yesterday, when both companies reporting their Q2 earnings, the rumor was shown to be true. Exact terms of the deal were not disclosed.Read More

PayPal Signs Exclusive 12-Month Deal with Visa

PayPal Signs Exclusive 12-Month Deal with Visa

by July 21, 2016 at 6:36 pm 5 comments

When Visa CEO Charlie Scharf said his company would “go after PayPal in ways that people have never seen before,” he apparently meant he was pursuing a partnership. That deal was announced today, and means Visa will get access to PayPal payment processing and Venmo, and essentially become the preferred payment typeRead More