Search Results for: Visa cards
Visa CEO Predicts 100 Million Contactless Cards in a Year
November 6th, 2018
Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule market in terms of card numbers and transaction volume. But ...
UnionPay takes top spot from Visa in $22 trillion global cards market
July 25th, 2016
Having been the largest scheme worldwide for card numbers since 2010, UnionPay overtook Visa to also become the largest by value of card payments in 2015 Payment cards worldwide increase by 8% to reach 13 billion in 2015 New ...
Russian central bank issues new payment cards to take on Visa and MasterCard
December 21st, 2015
Thirty-five Russian banks have agreed to participate in the launch of a new national payments card intended to challenge the dominance of Visa and MasterCard. So far, seven of the banks have tested the basic functions of the new’ ...
Mastercard and Visa lose legal round in Europe over swipe fees
June 18th, 2020
Wednesday, the highest court in the U.K. upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange ...
iSignthis concluded Visa Principal Licensing
August 9th, 2019
iSignthis has issued an announcement to inform that has concluded Principal Membership Agreement with Visa Regional Head Office Singapore, for the Australian market. The license is granted under the Reserve Bank of Australia (RBA) regulatory regime, and provides the ...
Massive VISA outage shows the fragility of global payments
June 6th, 2018
On Friday, VISA’s payment network suffered outages across Europe, limiting transactions for both businesses and individuals. Banks and commerce groups began advising customers to use cash or other payment cards if possible, and reports indicated that online and contactless ...
Visa, MasterCard and AmEx propose a new deal for online payments
April 23rd, 2018
The way you pay for things with credit cards or debit cards at bricks-and-mortar retailers is a familiar, standardized process. There have been minor tweaks, like the recent adoption of chip cards or getting rid of signatures, but the ...
Visa Enables On the Go Payments With the New Fitbit Ionic
August 30th, 2017
Visa (NYSE:V) announced it is enabling Visa payments on Fitbit’s first smartwatch – Fitbit Ionic™. Eligible cardholders of participating banks will be able to make payments with Fitbit Pay™, Fitbit’s new payment function, when available. With Fitbit Pay, Visa ...
IBM and Visa turn automobiles, appliances and all other connected devices into potential Points of Sale
February 17th, 2017
IBM Watson IoT to Provide Access to as Many as 20 Billion Devices for Visa in the Next Five Years Companies Share Vision for Commerce Based IoT at First Ever IBM “Genius of Things” Summit IBM (NYSE: IBM) and Visa ...
Visa Europe Partners for Bitcoin Micropayments Trial
July 27th, 2016
Bitcoin micropayments startup SatoshiPay is developing a new proof-of-concept with Visa Europe’s innovation unit. Work on the project was first disclosed earlier this year, when Visa Europe Collab said that it was exploring bitcoin micropayments for connected devices. At the ...
