Visa debuts a new product designed to protect consumers making bank transfers
Visa(V) CNBC·2024-09-05 16:38
In this articleVNurphoto | Nurphoto | Getty ImagesVisa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.Visa, which alongside Mastercard is one of the world's largest card networks, said Thursday it plans to launch a dedicated service for account-to-account (A2A) payments in Europe next year.Users will be able set up direct debits — transactions that take funds directly from your bank account — on merchants' e-commerce stores with ...