Visa to Launch P2P Payments Service - GoFuckYourself.com

selena · 03-21-2011, 07:22 AM

I got this in today's mail from a service I use to keep me up-to-date on Ebay/Amazon seller stuff. I thought it might be of interest and use to some here.

****************

Visa announced a new person-to-person payments service that will allow U.S. consumers to receive and send funds to any eligible Visa credit, debit or prepaid account, anywhere in the world. Visa personal payments are already offered by financial institutions outside the U.S. with more than 70 programs around the world enabling consumers to send funds to Visa accounts.

The new service was made possible through technical enhancements to VisaNet, Visa's global payments processing network, and through the introduction of a new Visa transaction type that allows financial institutions to accept incoming funds.

Visa is working with CashEdge and Fiserv, providers of electronic person-to-person payment, account transfer and bill payment services to U.S. financial institutions. Through the agreements, CashEdge and Fiserv will have access to VisaNet, enabling them to integrate the Visa personal payment service into their respective person-to-person platforms - Popmoney and ZashPay. This will allow a participating bank's customers to send money directly to a Visa account.

How it Works
Bank customers of participating financial institutions will have the option to select a Visa account as the destination for funds when making a personal payment. By simply entering the recipient's 16-digit Visa account, email address or mobile phone number, consumers can send funds directly from their bank account to a recipient's Visa account.

The first U.S. financial institutions are expected to make Visa personal payments available to their customers through CashEdge and Fiserv by the second half of 2011.

http://www.auctionbytes.com/cab/abn/y11/m03/i21/s02

mafia_man · 03-21-2011, 07:23 AM

Had this in Singapore for ages.

Dappz · 03-21-2011, 07:42 AM

um is this is true

Puremeds-J · 03-21-2011, 07:46 AM

kinda like square up

2intense · 03-21-2011, 07:48 AM

COOL

tammix · 03-21-2011, 08:50 AM

micropayments and easy p2p cc online and kiosk methods are the killer app for this second decade in adult

Chosen · 03-21-2011, 11:27 AM

Nice

pornguy · 03-21-2011, 12:20 PM

Now will they allow adult in that

Chris · 03-21-2011, 12:34 PM

Quote:

Originally Posted by pornguy

Now will they allow adult in that

With the companies mentioned in it already its safe to say - no.

Chris · 03-21-2011, 12:36 PM

Quote:

Originally Posted by Puremeds-J

kinda like square up

Do you use square up? I got it - and my wife wants to use it for her business but i cant find much on the payout info and they have awful support.

The payout is kinda confusing - its like you get your first $1000 in 30 days and then they hold onto another $1000 for another 30 days??

for a small business - as they pushed it to - a 30 day hold on your payment once you reach the min $1000 payout is nto good at all.

TopbucksMatt · 03-21-2011, 12:41 PM

www.squareup.com -- service is called square, i've used it a few times - generally 2-3 biz days before they release your funds. They recently updated and simplified their transaction prices & info on their page.

Ross · 03-21-2011, 01:45 PM

I wouldn't be giving anyone my 16 digit VISA Card number, that's for sure. Phone number or email address will have to do I guess.

03-21-2011, 07:22 AM	#1
selena Confirmed User Join Date: Aug 2004 Location: On The Edge Posts: 7,994	Visa to Launch P2P Payments Service I got this in today's mail from a service I use to keep me up-to-date on Ebay/Amazon seller stuff. I thought it might be of interest and use to some here. ************** Visa announced a new person-to-person payments service that will allow U.S. consumers to receive and send funds to any eligible Visa credit, debit or prepaid account, anywhere in the world. Visa personal payments are already offered by financial institutions outside the U.S. with more than 70 programs around the world enabling consumers to send funds to Visa accounts. The new service was made possible through technical enhancements to VisaNet, Visa's global payments processing network, and through the introduction of a new Visa transaction type that allows financial institutions to accept incoming funds. Visa is working with CashEdge and Fiserv, providers of electronic person-to-person payment, account transfer and bill payment services to U.S. financial institutions. Through the agreements, CashEdge and Fiserv will have access to VisaNet, enabling them to integrate the Visa personal payment service into their respective person-to-person platforms - Popmoney and ZashPay. This will allow a participating bank's customers to send money directly to a Visa account. How it Works Bank customers of participating financial institutions will have the option to select a Visa account as the destination for funds when making a personal payment. By simply entering the recipient's 16-digit Visa account, email address or mobile phone number, consumers can send funds directly from their bank account to a recipient's Visa account. The first U.S. financial institutions are expected to make Visa personal payments available to their customers through CashEdge and Fiserv by the second half of 2011. http://www.auctionbytes.com/cab/abn/y11/m03/i21/s02 __________________ ~ Doer of Things at MetArtMoney Where Flawless Beauty Meets Art ~The MetArt Network** ~ selena.delgado9

03-21-2011, 07:23 AM	#2
mafia_man Confirmed User Industry Role: Join Date: Jul 2005 Location: icq#: 639544261 Posts: 1,965	Had this in Singapore for ages. __________________ I'm out.

03-21-2011, 07:42 AM	#3
Dappz Confirmed User Join Date: Dec 2009 Posts: 997	um is this is true __________________ Hentai Artist * Draw My Anime * HentaiLovers * hentaiG4H * ICQ : 657458

03-21-2011, 07:46 AM	#4
Puremeds-J Confirmed User Join Date: Sep 2008 Location: The Mountains of Washington State Posts: 939	kinda like square up __________________ BiWeekly Payouts with no delay! - Now on NATS - $30 Per Trial - Check, Wire, Paxum! WE GOT AFRICAN MANGO! - Check out our New Reality Tour for CXPILL!

03-21-2011, 07:48 AM	#5
2intense Too lazy to set a custom title Industry Role: Join Date: Dec 2009 Location: Google Posts: 12,465	COOL __________________ Most Affordable Firewall & Malware Protection for Linux Servers

03-21-2011, 08:50 AM	#6
tammix Confirmed User Join Date: Apr 2006 Location: El-Kaliman Oasis, West Sahara Posts: 2,164	micropayments and easy p2p cc online and kiosk methods are the killer app for this second decade in adult

03-21-2011, 11:27 AM	#7
Chosen VIPPay.com \| AdultWebSponsors.com Industry Role: Join Date: Aug 2001 Posts: 63,151	Nice

03-21-2011, 12:20 PM	#8
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	Now will they allow adult in that __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

03-21-2011, 12:41 PM	#11
TopbucksMatt Confirmed User Join Date: Jul 2009 Posts: 111	www.squareup.com -- service is called square, i've used it a few times - generally 2-3 biz days before they release your funds. They recently updated and simplified their transaction prices & info on their page. __________________ Matt Mobile Marketing / Community Manager www.Topbucksmobile.com email: [email protected] Twitter: @pinkvisual

03-21-2011, 01:45 PM	#12
Ross Ik ben een aap Industry Role: Join Date: Sep 2002 Location: Traffic Force Towers, Canada! Posts: 18,874	I wouldn't be giving anyone my 16 digit VISA Card number, that's for sure. Phone number or email address will have to do I guess.