8 Images Total
Many times, bitter rivals must set aside their differences for the common good. This has happened a lot in recent years as the payments industry adjusts to the fast pace of innovation.
Not long after Visa CEO Charles Scharf tore into PayPal for attempting to be "frenemies" instead of a true ally, the companies reached an agreement on data sharing and fees. However, peace came at a price for both; the news read more like a legal settlement than a marriage vow.