25 February 2018
visit www.ebaday.com

Visa negotiates smart card deals for member banks

05 November 2002  |  3314 views  |  0 Visa negotiates smart card deals for member banks

Visa International is offering member banks discounts from financial technology vendors as part of a global programme to reduce the cost of migrating to chip technology.

Members banks can receive discounts from 20 of Visa's Global Smart Partners for EMV hardware and transaction software, smart cards, POS terminals, loyalty software, test tools and migration training and consulting.

Visa International says the success of previous offers has encouraged it to negotiate more discounts - although most offers are for limited time periods and a limited number of early adopter banks.

James Lee, senior vice president, Emerging Technologies at Visa International, adds: "Through programmes such as the Visa Global Smart Partner Program we are making products affordable so that more banks can participate, which, ultimately, benefits our vendor partners."

Visa has also announced that UbiQ Incorporated and Welcome Real-time have joined the programme, bringing the total number of participants to 30.

In a seperate announcement, Visa Asia is reporting the first cross-border EMV payment transaction in Taiwan using a smart card issued in another country. The upgrading of National Credit Card Centre’s (NCCC) payment infrastructure now enables Visa smart cards that meet the EMV standard issued anywhere in the world to be used to make payments in Taiwan.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

SchlumbergerSema's MagIC POS wins Visa PED certification

SchlumbergerSema's MagIC POS wins Visa PED certification

05 November 2002  |  4146 views  |  0 comments
European retailers adopt Verfied by Visa payment service

European retailers adopt Verfied by Visa payment service

31 October 2002  |  3861 views  |  0 comments
Visa to explore voice authentication for secure payments

Visa to explore voice authentication for secure payments

24 October 2002  |  9002 views  |  0 comments
Visa EU creates consumer data warehouse

Visa EU creates consumer data warehouse

21 October 2002  |  5171 views  |  0 comments
Visa Canada expects online Christmas sales to exceed C$1bn

Visa Canada expects online Christmas sales to exceed C$1bn

16 October 2002  |  3724 views  |  0 comments
Visa sees 17 per cent growth in global sales volume

Visa sees 17 per cent growth in global sales volume

08 October 2002  |  4525 views  |  0 comments
Diebold joins Visa EU Smart Partner programme

Diebold joins Visa EU Smart Partner programme

04 October 2002  |  3194 views  |  0 comments
Visa challenges RBA credit card reforms

Visa challenges RBA credit card reforms

23 September 2002  |  3837 views  |  0 comments
Visa develops payment spec for contactless smart cards

Visa develops payment spec for contactless smart cards

19 September 2002  |  5006 views  |  0 comments
Debit takes over from credit says Visa

Debit takes over from credit says Visa

17 September 2002  |  3301 views  |  0 comments
Retailers pile pressure on Visa/MasterCard in class action debit case

Retailers pile pressure on Visa/MasterCard in class action debit case

12 September 2002  |  4782 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comvisit www.swift.com/your-needs/instant-paymentsVisit http://info.nice.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12171 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10530 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8895 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8338 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7953 views comments | 10 tweets | 14 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job