Consumers And Card Brands Moving At The Speed Of Money, So Merchants Will Follow

First, Visa and PayPal scratched each other's backs, and industry observers expect it won't be long until Mastercard and maybe American Express align similarly with PayPal. Then Mastercard announced the purchase of most of U.K. ACH king VocaLink. August 2, Early Warning Services announced that both Visa and MasterCard joined its clearXchange peer-to-peer network.

What will happen next in the maneuvering of card brands gaining major footholds in the world of banking, peer-to-peer payments and ACH?