Payments

Visa+ expands its availability for PayPal and Venmo users across the US

  • Expanding on last year’s announcement, the recent development marks the official consumer launch of the Visa+ service with inaugural partners PayPal, Venmo, and DailyPay.
  • In addition to improving consumer experiences in P2P transactions, Visa+ also offers cross-platform interoperability for B2C payment flows via its APIs.
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Visa+ expands its availability for PayPal and Venmo users across the US

Visa introduced the Visa+ service in April last year to bridge the gap among various apps in the peer-to-peer (P2P) payments space, allowing for real-time payouts to participating digital wallets.

At the time, Visa+ outlined plans to make the service widely available to Venmo and PayPal users in the US by mid-2024. Expanding on last year’s announcement, the recent development marks the official [consumer] launch of the service with inaugural partners PayPal, Venmo, and DailyPay.

“Visa+ will continue rolling out with participating platforms in the US throughout 2024, flexing our Visa+ capabilities to adapt to unique client needs,” Vikram Modi, head of Visa+ told Tearsheet.

A recap of how the service works:


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