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