25 Apr 19 @ 08:00
Visa has introduced a new API platform called Visa Next. The platform with beta application programming interfaces (APIs) and development tools for issuers and processors was launched to help build... read more
06 Mar 19 @ 10:38
The European Commission (EC) has been reported to be considering implementing new regulations to support and accelerate the adoption of TARGET Instant Payments Settlement System (TIPS) in an effort to... read more
11 Feb 19 @ 09:18
Visa announced an increased bid for Earthport to £247 million as it fights with Mastercard to claim the companies assets. Last month, Mastercard offered around £233 million for the assets... read more
14 Jan 19 @ 09:36
After a decade of lobbying to gain local access to the $124 trillion Chinese payments market, Visa and Mastercard have been snubbed by China’s central bank which has refused to... read more
27 Dec 18 @ 09:29
Visa Inc is to pay £198 million pounds to buy Earthport Plc, a British firm that facilitates international transactions for banks and businesses. Visa International Service Association, a unit of... read more
24 Sep 18 @ 12:48
Visa and Mastercard will have to continue rolling with the punches as it becomes clear that even the record $6.2 billion settlement made last week won’t be enough to end... read more
19 Sep 18 @ 09:56
Visa and Mastercard along with a group of their top US acquirer banks have proposed a $6.2 billion settlement of the long-running antitrust lawsuit over the interchange fees they charge... read more
28 Aug 18 @ 12:42
Kroger has made good on its threat to stop accepting Visa credit cards, the culmination of a dispute over the interchange fee retailers pay to card networks for each transaction... read more
07 Aug 18 @ 12:53
US mega merchant Kroger Co. is considering expanding a ban on Visa credit cards imposed by one of its subsidiaries, in the latest signal that retailers are preparing a fresh battle over... read more
13 Jul 18 @ 10:41
In a damaging set back, a British appeals court ruled in favour of retailers including some of the UK’s biggest retailers, in massive a blow to the card networks which could now... read more
02 Jul 18 @ 15:40
The two big card networks Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees charged when merchants accept card payments, according to people familiar with... read more
04 May 18 @ 09:13
An independent payments consultancy, CMSPI, has initiated a complaint with the European Commission over changes Visa is making to its fees, claiming the card scheme’s actions could cost small businesses... read more
26 Mar 18 @ 12:37
On April 15, 2018, Visa’s new rules on chargebacks, called Visa Claims Resolution or VCR will come into effect. This new program has already gone live in Hong Kong and... read more
15 Feb 18 @ 13:26
It has been reported that both Visa and Mastercard were planning to change the policies they have in place when it comes to purchasing of cryptocurrency. The reports add that... read more
07 Feb 18 @ 17:55
Following on from Visa CEO’s statement on cryptocurrencies in January , it turns out that Visa and Mastercard have reclassified the way Bitcoin and other cryptocurrency purchases are processed on... read more
30 Jan 18 @ 13:00
Visa says that Visa Checkout has surpassed 1 million enrolled accounts in the UK. Visa’s online payment method, which was launched in May 2017, enables consumers to pay securely in... read more
25 Jan 18 @ 14:48
Bitcoin, the world’s largest cryptocurrency, is not really money and Visa will not get involved in processing Bitcoin related transactions won’t touch it, the CEO has said in an interview with... read more
09 Jan 18 @ 10:19
Visa and Dynamics today unveiled the Dynamics Wallet Card, an Internet of Things (IoT) device that holds multiple payment cards and includes a digital display allowing for greater security, instant... read more
11 Dec 17 @ 15:51
Visa has announced a suite of sensory branding that will support the Visa brand in an expanded universe of connected, payment-enabled devices. These new sound, animation and haptic (vibration) cues will help signify completed transactions... read more
01 Dec 17 @ 15:25
As Sainsbury’s prepares to appeal after it lost a High Court case with Visa over a long-running row over interchange fees, Visa has welcomed the decision which confirms that its interchange fees, are lawful. The supermarket... read more
14 Apr 26 @ 20:03
Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more
16 Apr 26 @ 11:46
American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more
21 Apr 26 @ 14:35
Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more