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FinTech

Visa and Mastercard Reached $197 Million Settlement for Inflated ATM Fees

  • 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.
Thursday, 30/05/2024 | 05:36 GMT by Arnab Shome
FinTech

London OOH Showcases Visa's Partnership to Promote MyGuava Card

  • 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.
Friday, 24/05/2024 | 13:19 GMT by Tareq Sikder
Payments

Behind the Mastercard and Visa Crackdown: How the PSR Scrutinizes Card Scheme Fees

  • The Payment Systems Regulator answers key questions on proposed reforms.
Wednesday, 22/05/2024 | 14:08 GMT by Pedro Ferreira
FinTech

UK Payment Regulator Faults Visa and Mastercard for Fee Hikes

  • 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.
Tuesday, 21/05/2024 | 21:06 GMT by Jared Kirui
Payments

Visa Unveils a Futuristic Wallet

  • Frictionless payments and data you control.
Friday, 17/05/2024 | 15:00 GMT by Pedro Ferreira
FinTech

Visa Partners with Worldline on Virtual Card Solution for Travel Agencies

  • 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.
Tuesday, 14/05/2024 | 16:38 GMT by Tareq Sikder
Payments

The Sneaky Art of Stealing Credit Card Numbers

  • How Visa's new AI fights back.
Wednesday, 08/05/2024 | 16:00 GMT by Pedro Ferreira
Payments

Wall Street's Dusty Ledger Gets a Digital Makeover

  • Mastercard and banking titans test tokenized settlements.
Wednesday, 08/05/2024 | 16:00 GMT by Pedro Ferreira
Payments

Visa and JPMorgan Chase Spark a Payments Revolution

  • Peer into the Instantaneous Age.
Monday, 06/05/2024 | 16:00 GMT by Pedro Ferreira
Payments

Visa and JPMorgan Partner to Facilitate Businesses with Faster Payments

  • 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.
Monday, 06/05/2024 | 14:14 GMT by Tareq Sikder
Payments

Quicklly and Visa Beam Us into a Future of Frictionless Money Movement

  • Remittances reimagined.
Thursday, 02/05/2024 | 04:00 GMT by Pedro Ferreira
Payments

Why Retailer Fury Over Swipe Fee Settlement Could Spark a Credit Card Revolution

  • A look into the fight for the future of credit cards.
Tuesday, 30/04/2024 | 16:00 GMT by Pedro Ferreira
FinTech

Visa and Mastercard "Swipe Fee" Settlement Objected by National Retail Federation

  • 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.
Monday, 29/04/2024 | 18:25 GMT by Jared Kirui
Payments

The Cloud Renegotiates Payments: Visa and the Fintech Flutter

  • The question is no longer "if" the cloud will take over, but rather "how."
Friday, 26/04/2024 | 16:00 GMT by Pedro Ferreira
Payments

10% Profit Uptick Drives Visa to Highest Level in 30 Days

  • Payments giant posts strong Q2 2024 results with double-digit growth in revenue.
  • The success was driven by growth in payments volume and cross-border transactions.
Wednesday, 24/04/2024 | 07:53 GMT by Damian Chmiel
Payments

Visa Facilitates Payment Integration with AI-Assisted Developer Tool

  • The new solutions will aid merchants in managing complex payment experiences.
  • Tap to Phone technology enables contactless payments via smartphones in 121 countries.
Wednesday, 17/04/2024 | 11:47 GMT by Tareq Sikder
Payments

Visa Teams Up with US Fintech Skipify for Secured Digital Transactions

  • The collaboration aims to blend Visa's digital payment expertise with Skipify's innovative wallet solutions.
  • Digital wallet integration on merchant platforms aims to ease checkout hurdles, boosting conversion rates.
Friday, 05/04/2024 | 11:44 GMT by Tareq Sikder
Payments

Can Prestige Survive in a World of Surcharges?

  • The future of plastic and lessons from a forgotten format.
Wednesday, 03/04/2024 | 16:00 GMT by Pedro Ferreira
Payments

A Truce in the Swipe War: How Visa and Mastercard Settlements Could Reshape Payments

  • Will these fee reductions translate into lower prices for consumers?
Wednesday, 27/03/2024 | 16:00 GMT by Pedro Ferreira
FinTech

Visa Strikes Deal with US Merchants to Cap Swipe Fees for Five Years

  • The court must approve the deal before it takes effect.
  • Visa has committed not to increase interchange fees for at least five years.
Tuesday, 26/03/2024 | 14:14 GMT by Jared Kirui
Payments

Visa and Thunes Expand Reach to Asia and Africa in Cross-Border Payment

  • Thunes' network facilitates Visa's payments across various digital wallets and banks.
  • Over 60% of the global population is expected to adopt digital wallets by 2026.
Thursday, 21/03/2024 | 16:59 GMT by Tareq Sikder
Payments

Payments, Tech Tumult, and Africa's Digital Crossroads

  • Opportunity knocks, but challenges loom.
Friday, 15/03/2024 | 16:00 GMT by Pedro Ferreira
FinTech

Visa and Western Union Forge Alliance to Boost Cross-Border Transactions

  • This collaboration introduces Visa Direct to enhance fund transfers globally.
  • The companies plan to issue Western Union and Visa Debit Cards internationally.
Tuesday, 05/03/2024 | 13:57 GMT by Jared Kirui
Payments

Visa Expands Digital Wallet Capabilities: Targets Institutions with Corporate Card Support

  • This collaboration aims to enhance global transaction management for businesses.
  • The new platform supports integration with Apple Pay and Google Pay.
Monday, 12/02/2024 | 12:35 GMT by Jared Kirui
CryptoCurrency

Visa Teams Up with Transak to Enhance Crypto-to-Fiat Conversions

  • Users can convert digital assets to local currency in real time, eliminating compliance uncertainty.
  • Visa Direct facilitates real-time card withdrawals for over 40 cryptocurrencies.
Tuesday, 30/01/2024 | 14:15 GMT by Jared Kirui
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