Fiserv Inc. has added potentially billions of new users of its ZashPay person-to-person payment service through an agreement with Visa Inc.
The pact will allow users of the 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 1 billion account holders, the companies said.
A similar arrangement has been reached with CashEdge Inc., provider of the Popmoney P2P service to about 170 financial institutions.
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