Why Visa is Acquiring Earthport for its ACH Payments Business

Photographer: Michael Nagle/Bloomberg

Visa announced yesterday that it is acquiring the cross-border payment company Earthport. The question is why? The short of it is that the acquisition will allow Visa customers to securely send money to businesses, individuals and banks around the globe in real time. Visa customers already can send money via card, but Earthport will allow ...Read More

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