I think if anyone has a chance at competiing it would be them but at the same token, not sure if they really will try to become and on-line bank.
The official site: http://www.V.Me
there is also a site for business sign up ! Scroll to bottom of page
or use my link - https://business.v.me/developer/v.business/login
I plan to try this out eventually.
I can't imagine Paypal being more trusted globally than Visa. Definitely welcome this. It may not be new to all but it's definitely hot news right now.-