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Visa's PayPal Alternative - Send $$ to Debit / Credit Cards by E-Mail or Phone #

submitted on March 17, 2011 by pablos17 in "Member's Lounge"
The world of electronic person-to-person payments is growing. With so many Visa cards being used around the world it should become a worthwhile and useful service.

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.


Read more:
http://abcnews.go.com/Business.....d=13150739
     

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  • 107622
    CouponNut
    deity
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    Posted by CouponNut on March 17, 2011 [reply] 0 0
    Not sure I like my "plastic" floating around in cyber space.
  • 107659
    anand
    professor
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    Posted by anand on March 17, 2011
    [reply] 2 0
    Good one
  • 107768
    CouponNut
    deity
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    Posted by CouponNut on March 18, 2011 [reply] 0 0
    Hopefully if you do mobile phone transfer you won't misdial the number!

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