Visa Invests in Stripe at $5 Billion Valuation and Strikes Commercial Deal, Too →

The companies will also work together to make new digital payments experiences possible, though neither side had many details to discuss. Lastly, Visa plans to help Stripe expand quicker in emerging markets where the credit card company has strong relationships with other financial institutions.

Credit card processors could you more competition in emerging markets. In Colombia you need to pay close to $1k to enable recurring payments – ridiculous.

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