Visa and PayPal extend partnership to Europe

Visa and PayPal extend partnership to Europe — Visa — “The European partnership agreement makes it easier for financial institutions to offer their Visa account holders the ability to checkout anywhere PayPal is accepted online… It will also expand the acceptance of PayPal by European businesses that accept Visa in physical locations, providing growth opportunities for Visa, PayPal and their customers.”

  • Willam Hugh Murray, CISSP

    This partnership offers the merchants and customers powerful options to improve the convenience and security of both online and point-of-sale transactions. It includes:

    Visa cards will be presented as a clear and equal payment option during enrollment and subsequent payments, with an easy ability for consumers to set as their preferred payment method

    Visa digital card images will be incorporated into payment flows

    PayPal will not encourage Visa cardholders to link to a bank account via ACH (Automated Clearing House)

    PayPal will also support and work with issuers to identify consumers who choose to migrate existing ACH payment flows to their Visa cards