Visa takes on PayPal and other rivals with launch of developer platform
- 8 years ago
Visa is looking to take on Silicon Valley payments companies like PayPal and is turning to developers to jumpstart its efforts.
Right now, Visa Developer consists of more than 150 application program interfaces that enable everything from fraud prevention, mobile checkouts and person-to-person payments.
Visa CEO Charlie Scharf said the initiative would help the credit card company bridge the gap between physical payments and digital payments. "
Even though Visa is entering into the space much later than its other Silicon Valley-based rivals, the company says it has an advantage over other companies because of its extensive network of partners, including thousands of banks and other financial institutions.
Right now, Visa Developer consists of more than 150 application program interfaces that enable everything from fraud prevention, mobile checkouts and person-to-person payments.
Visa CEO Charlie Scharf said the initiative would help the credit card company bridge the gap between physical payments and digital payments. "
Even though Visa is entering into the space much later than its other Silicon Valley-based rivals, the company says it has an advantage over other companies because of its extensive network of partners, including thousands of banks and other financial institutions.