Thursday, March 17, 2011

Visa to let people pay each other using credit/debit cards

From ABC news:

I've been waiting for this service to become available. I may never need to carry cash again.....

"Visa Inc. on Wednesday said it is creating a service to allow individuals to use their own Visa or a bank account to send money to a personal Visa debit, credit or prepaid card. Users also may bring cash to a participating bank to make a transfer.

Users also will be able to send money using a recipient's mobile phone number or e-mail address. In those cases, recipients will receive a message that someone is sending them money and then enter their own Visa account number to receive it."


http://abcnews.go.com/Business/wireStory?id=13150739

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