Seventeen years after disrupting the payments industry, upstart PayPal has struck a deal with Visa, founded in the 1950s. The arrangement is designed to carry significant benefits for issuing financial institutions, acquirers, and merchants, according to the announcement. PayPal will Read more
In the quest to make online payments easier on mobile devices, companies like Amazon and Google are working on facial recognition and other technologies. Why fumble for change at the drive-through restaurant or type your password into your smartphone? Also Read more
Visa on Thursday unveiled a major new initiative to open its products and services to application developers, promising that merchants and other customers and partners will be able to build customized apps tailored for their businesses running on the firm’s Read more
Visa has made a strategic investment in Stripe, a service that has been adopted by many popular ecommerce hosting services as a payment method for merchants. Stripe, founded by brothers from rural Ireland, has raised much funding since its founding Read more
