Fiserv Inc. and Visa Inc. have reached a deal that adds potentially billions of new users of the ZashPay person-to-person payment service.
The pact will allow users of the Fiserv P2P service to send and receive money from eligible Visa account holders through their primary financial institutions. ZashPay already is live at 500 banks and credit unions while Visa has more than a billion account holders.
A similar arrangement has been reached with CashEdge Inc., provider of the Popmoney P2P service to about 170 financial institutions.
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