TrialPay is announcing that Visa has decided to invest $40 million in the alternative payments business. The round of funding also includes Greylock Partners, T. Rowe Price, DAG Ventures, DFJ Growth and QuestMark Ventures. The company will be using the funding to expand into new markets and continue to innovate in new payment methods. The company is also announcing that they have helped over 150 million online shoppers on 10,000 sites.

[Source: VentureBeat]