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
MasterCard is considering an application to become a licenced payment services provider in China, according to Reuters.
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.
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.
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.
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.
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.
Visa is using the upcoming Olympic Games in Rio to push wearable payments into the mainstream, unveiling contactless watches, bracelets and rings.
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.
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.
© Finextra Research 2016