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Visa Invests in Startup Stripe

Visa’s determination to double up on its mobile payment strategy is evident in the company’s decision to invest in Stripe, a start-up that accepts debit and credit cards for merchants who have previously not accepted them. Visa will also be working side-by-side with Stripe to develop more ways to improve digital transactions, a move which may place the credit card marketer on a higher level with merchants and retailers as well as customers. Its recent introduction of the Visa Checkout mobile payment option also suggests the brand is ready to compete with the likes of Apple Pay and PayPal.

Read the whole story at Mobile Commerce Daily »

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