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66 Results from "Visa", 2016

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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.

/retail

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.

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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.

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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.

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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.

/retail

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.

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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.

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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.

/retail

Microsoft brings contactless payments to Windows 10 phones

Following the lead of Apple, Google and Samsung, Microsoft is bringing contactless payments to Windows 10 mobile phones.

/retail

Visa Inc seals buy out of European business

Visa Inc has completed its acquisition of Visa Europe, creating a combined global company serving 17,100 financial institutions and partners, more than 40 million merchant outlets, and 3 billion card accounts worldwide.

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Home Depot suit accuses card schemes of putting profits ahead of security in EMV roll out

Home Depot, the US retail chain that saw 56 million accounts hacked in 2014, is suing Visa and MasterCard over their failure to mandate more secure Chip and PIN technology at the checkout during the country's migration to EMV-based payments.

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Walmart Canada to refuse Visa credit cards as interchange row heats up

The turbulent relationship between North America's largest retail supermarket chain and the card schemes has reached a new nadir, with a decision by Walmart to refuse to accept Visa credit cards in its 370 stores across Canada.