Visa announced this week it will be working with fintechs PayPal and Venmo to test a new solution Visa+, an innovative tool that seeks to make it easier for people to transfer money swiftly and securely between various P2P digital payment apps. The goal of the new partnership is interoperability between P2P applications that rely on real-time-payments. Users of Venmo and PayPal in the US will soon be able to transfer money between the two services without any hassles.
Visa and Partners Bring Interoperability to Digital Person-to-Person Payments