Visa and Paypal have announced a strategic partnership that will allow consumers to easily move funds between the two providers, facilitate Paypal contactless payments, and give Paypal greater "fee certainty." Both companies are focused on accelerating the adoption of safe, reliable, and convenient digital payments for consumers and merchants.
“We’re excited to begin a new chapter with PayPal,” Charlie Scharf, CEO of Visa, said in a press release. “PayPal has built industry leading capabilities which complement those of Visa and our clients and working together we will be able to deliver better solutions for consumers and merchants.”
http://www.pymnts.com/news/payment-methods/2016/visa-paypal-digital-payments-partnership/