Visa launches rival online payment service PayPal




Visa launches rival online payment service PayPal
The service allows the user to store credit card information in one place

Visa company specialized in issuing credit cards announced the launch of a new service that allows them to engage in the electronic payment market to compete with services offered by other companies such as “PayPal” that facilitate the user purchase of automated site perimeter.

The service named , which launched in Europe, allows users to enter their personal details and credit card details only once, and then use the user name and password of the service for online purchases quickly and easily without the need to enter the rest of the details of each purchase, and without the user’s card details to the merchant.

You can access the electronic portfolio through your computer or Tablet PC and smart phone, users will be able to include all types of standard credit cards, even those made by companies other than visa.

The company said the service will contribute to increased consumer confidence in online shopping and reduced purchases unfinished and the consumer not to pursue payment when you reach the last stage because of what the company said that the confusion caused by the complex payment processes used in many websites.

The service has been launched today in both the United Kingdom and France, Spain and Poland.

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