Visa has partnered with PayPal and Venmo to launch Visa+, a service that allows individuals to move money quickly and securely between different person-to-person (P2P) digital payment apps. Venmo and PayPal users in the US will be able to transfer money seamlessly between the two platforms by setting up a personalized payment address linked to their account. Visa+ will also be integrated into the platforms of DailyPay, i2c, TabaPay, and Western Union to expand its reach and enable more use cases, including gig, creator, and marketplace payouts. Visa+ is expected to launch for US consumers with select partners in late 2023, with general availability planned for mid-2024.
12 April 2023