Visa - News, Articles & Research

News

MasterCard to apply for China payments licence - Reuters

MasterCard is considering an application to become a licenced payment services provider in China, according to Reuters.

22 July 2016

Company announcement

Visa reports Q3 profit dip; preps $5bn share repurchase programme

Visa Inc. (NYSE:V) today announced financial results for the Company’s fiscal third quarter 2016, ended June 30, 2016. GAAP net income for the quarter, inclusive of special items related to the acquisition of Visa Europe, was $412 million, a decrease of 76% over the prior year’s results, or $0.17 per share, a decrease of 75% nominally over the prior year’s results, primarily due to the impact of the Visa Europe-related special items noted below.

21 July 2016

News

Rivals Visa and PayPal set out on 'new path'

PayPal has agreed to make it easier for customers to pay with their Visa cards in exchange for long-term "fee certainty" from the card scheme.

21 July 2016

Company announcement

Visa onboard for Apple Pay's Hong Kong debut

Visa, a leading global payments technology company, announced that starting from today eligible Visa cardholders in Hong Kong will be able to use Apple Pay and begin to make purchases at selected merchants.

20 July 2016

Company announcement

Apple Pay lands in France

Visa Inc. (NYSE: V) Today, Visa announced that Visa debit and credit cardholders from French banks Banque Populaire et Caisse d’Epargne (BPCE group) now have access to Apple Pay which launches today.

19 July 2016

News

Europeans keen to secure payments with biometrics

More than two thirds of Europeans want to use biometrics as a method of payment authentication, with convenience and security the main reason for its popularity, a Visa survey shows.

14 July 2016

News

Visa bids to make Rio the wearable Games

Visa is using the upcoming Olympic Games in Rio to push wearable payments into the mainstream, unveiling contactless watches, bracelets and rings.

12 July 2016

Company announcement

Apple Pay arrives in Switzerland

Visa Inc. (NYSE: V) announced today that around 1 million Visa cardholders in Switzerland now have access to the newly launched Apple Pay – giving users an easy, secure and private way to pay.

07 July 2016

News

Merchants score victory over Visa and MasterCard as court tosses $7.25bn interchange settlement

In a win for merchants, a US federal appeals court has killed off a $7.25 billion class action settlement over interchange fees between millions of retailers and Visa and MasterCard.

30 June 2016

News

Visa sues Walmart over Chip and PIN policy

The strained relationship between Visa and Walmart is reaching breaking point as the card scheme files a lawsuit against the supermarket chain for allegedly reneging on an agreement to allow the use of signature verification alongside Chip and PIN for transactions at the till.

30 June 2016

News

Brexit: Visa could move jobs to continent, LSE-Deutsche Bourse London HQ at risk

The Brexit fallout continues, with concerns rising that Visa might move hundreds of jobs out of the UK, the London Stock Exchange's merger with Deutsche Bourse could be hampered, and the City's role running euro clearing is under threat.

29 June 2016

News

US supermarket chain Kroger sues Visa over PIN transactions

US supermarket chain Kroger has filed a lawsuit against Visa over a disagreement about using PINs to verify EMV debit card transactions, according to the Wall Street Journal.

27 June 2016