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.
Sara Khairi | April 22, 2024
close

Email a Friend

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:

subscription wall for TS Pro

0 comments on “Visa+ expands its availability for PayPal and Venmo users across the US”

Payments

From Checks to Digital: J.P. Morgan and Codat discuss the changing landscape of B2B payments

  • J.P. Morgan and Codat have joined forces to revolutionize B2B payments, aiming to transition businesses from checks to digital payment methods.
  • Their partnership introduces Codat's new Supplier Enablement data product, designed to boost virtual card usage, with J.P. Morgan as an early adopter for its B2B virtual card offering.
Zachary Miller | October 02, 2024
4 charts, Embedded Finance, Partner Content, Payments

How to build an embedded finance program from the ground up

  • Embedded finance programs can strengthen the bottom line and help brands capture more customers and business, and for most payments are the most common point of entry.
  • But brands can go further and stack multiple embedded finance offerings to build a suite of products that is closely tied to how their target audience interacts with their products and services.
Rabab Ahsan | September 30, 2024
Partner Content, Payments, Podcasts

The post-purchase space is a land opportunity, where partnerships push FIs and merchants further into profitability, feat. Gaurav Mittal, EVP of Ethoca

  • Gaurav Mittal, Executive Vice President of Ethoca, a Mastercard company, shares that customers want to more tools when it comes to post-purchase tasks like cancellation and budgeting, but the industry has so far struggled to meet this need.
  • Mittal's experience shows that merchants and banks build deeper relationships with their customers and save on operating costs, when they strategically leverage the banking app to help customers stay on top of their money through tools like digital receipts and subscription management.
Rabab Ahsan | September 19, 2024
Partner, Payments

Why virtual credit card acceptance is critical to customer retention

  • As virtual credit cards rapidly gain traction in the B2B payment industry, businesses must adapt to meet buyer preferences while managing the challenges these cards present.
  • With North America’s virtual card market projected to grow significantly, sellers need to find ways to streamline virtual card acceptance or risk losing valuable customers to competitors.
Barrett Smith, Versapay | August 28, 2024
Payments

Case Study: J.P. Morgan integrates Slope’s AI-powered platform to offer instant B2B financing at point of sale

  • J.P. Morgan has partnered with AI-driven B2B payment startup Slope to enhance short-term financing options for corporate clients.
  • The collaboration combines J.P. Morgan's financial strength with Slope's innovative credit risk assessment technology.
Zachary Miller | August 07, 2024
More Articles