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Payments
Visa's Bold Move into BNPL
2024-07-17T17:47:23.141+02:00
Visa Installment Credential program expands Visa's global BNPL reach.
Visa’s approach counters competition, embedding BNPL into financial systems.
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FinTech
Visa Expands Partnership with Wirex to Boost Web 3 Payments in Europe
2024-07-15T15:05:12.227+02:00
Central to the partnership is the introduction of Wirex Pay, a Zero Knowledge payment chain.
This product enhances payments by enabling transactions between blockchain technology and traditional finance.
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FinTech
Visa and HSBC Partner for Multi-Currency Transaction Platform
2024-07-09T16:25:19.718+02:00
The new platform supports holding funds in over ten currencies, sending money in over 30 currencies, and transacting in more than 200 countries.
Launched in the UK this year, the Zing app plans to expand to additional markets.
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Payments
What the Rejection of the Visa and Mastercard Settlement Signals for the Payments Industry
2024-07-03T17:16:24.833+02:00
5 key takeaways from Judge's denial of $30B Visa and Mastercard deal.
Swipe fee settlement rejected: A new era of scrutiny in the payments industry.
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FinTech
US Judge Delays Visa, Mastercard $30 Billion Settlement on Swipe Fee Lawsuit: Report
2024-06-26T19:03:14.923+02:00
The federal judge halted the settlement that sought to cap merchant fees, signaling a possible rejection.
The settlement, aimed at reducing and capping transaction fees, has encountered resistance from major retail groups.
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Payments
China Pushes Visa and Mastercard to Lower Foreign Card Fees
2024-06-21T10:22:58.789+02:00
The Payment & Clearing Association of China is pushing to reduce foreign card transaction fees to 1.5%.
China aims to ease payments for visitors by cutting fees for foreign bank cards.
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Visa and Dash Solutions Expand Partnership for Instant Payments across Sectors
2024-06-11T19:07:09.455+02:00
This collaboration aims to digitize payouts in near real-time across the healthcare and insurance sectors.
The offering seeks to enhance efficiency in cards, bank accounts, and digital wallet transactions.
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FinTech
Visa and Mastercard Face Fresh Trouble in the UK as Tribunal Approves Merchant Lawsuits
2024-06-07T20:14:48.457+02:00
The Competition Appeal Tribunal in London ruled that collective lawsuits against Visa and MasterCard over fees can continue.
This ruling enables more merchants to join forces in seeking damages.
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Visa Marks Tokenization Milestone: Generates $40B in E-commerce Revenue Globally
2024-06-04T16:04:59.065+02:00
Since its launch ten years ago, Visa has issued more than 10 billion tokens.
Currently, 29% of all transactions processed by the payment firm use tokenization.
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FinTech
Visa Direct Integration Bolsters Nuvei's Payment Offerings in Colombia
2024-06-03T18:54:00.806+02:00
The collaboration allows real-time fund delivery to accounts via card credentials.
Access to Global Visa Direct extends to over 30 countries through this partnership.
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Payments
AI Enters the Fight Against A2A Scams
2024-05-31T18:00:00.000+02:00
A look into VISA's pilot program with Pay.UK.
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Visa Enlists 22 African Fintech Startups in Accelerator Program
2024-05-30T16:27:31.282+02:00
The program offers mentorship, training, networking, and access to funding.
It has a 65% representation of female-led startups from 28 African nations.
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FinTech
Visa and Mastercard Reached $197 Million Settlement for Inflated ATM Fees
2024-05-30T07:36:21.815+02:00
The settled class action lawsuit is only for the consumers who withdrew cash from bank-operated ATMs.
The payment giants are facing two other similar class actions, one from consumers using non-bank ATMs and another from businesses that own independent ATMs.
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FinTech
London OOH Showcases Visa's Partnership to Promote MyGuava Card
2024-05-24T15:19:40.131+02:00
Guavapay and Visa team up to promote the multicurrency Card, targeting digital-savvy Gen Z.
MyGuava Business provides multicurrency accounts, POS terminals, and payment gateway options.
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Payments
Behind the Mastercard and Visa Crackdown: How the PSR Scrutinizes Card Scheme Fees
2024-05-22T16:08:00.958+02:00
The Payment Systems Regulator answers key questions on proposed reforms.
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FinTech
UK Payment Regulator Faults Visa and Mastercard for Fee Hikes
2024-05-21T23:06:46.817+02:00
Over the past five years, Visa and Mastercard have increased transaction processing fees by more than 30%.
According to the regulator, the rising cost has not resulted in better services.
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Payments
Visa Unveils a Futuristic Wallet
2024-05-17T17:00:00.000+02:00
Frictionless payments and data you control.
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Visa Partners with Worldline on Virtual Card Solution for Travel Agencies
2024-05-14T18:38:52.402+02:00
By 2028, Travel and Tourism are forecasted to dominate online sales, constituting 76% of the total.
The entire travel industry is anticipated to achieve a volume of USD 1.74 trillion by 2026.
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Payments
Wall Street's Dusty Ledger Gets a Digital Makeover
2024-05-08T18:00:00.000+02:00
Mastercard and banking titans test tokenized settlements.
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Payments
The Sneaky Art of Stealing Credit Card Numbers
2024-05-08T18:00:00.000+02:00
How Visa's new AI fights back.
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Visa and JPMorgan Chase Spark a Payments Revolution
2024-05-06T18:00:00.000+02:00
Peer into the Instantaneous Age.
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Payments
Visa and JPMorgan Partner to Facilitate Businesses with Faster Payments
2024-05-06T16:14:55.670+02:00
This collaboration enables businesses, and fintech firms to integrate swift and secure payment solutions.
JPMorgan Payments, operating in over 160 countries and supporting 120 currencies.
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Payments
Quicklly and Visa Beam Us into a Future of Frictionless Money Movement
2024-05-02T06:00:00.000+02:00
Remittances reimagined.
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Payments
Why Retailer Fury Over Swipe Fee Settlement Could Spark a Credit Card Revolution
2024-04-30T18:00:00.000+02:00
A look into the fight for the future of credit cards.
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FinTech
Visa and Mastercard "Swipe Fee" Settlement Objected by National Retail Federation
2024-04-29T20:25:29.293+02:00
The federation criticized the settlement as offering insufficient relief for merchants.
In the settlement, Visa and Mastercard pledged fee reductions and caps over five years.
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