09 Jul 14 @ 15:36

Visa Europe is predicting an end to plastic payment cards as changing consumer preferences and new technologies take hold. The network is looking at how to overhaul security standards and... read more

07 Jul 14 @ 19:29

Visa and MasterCard have reached a compromise agreement with Russian officials that would allow the global card payment companies to continue operating in the country. “MasterCard and Visa will continue business in Russia,”... read more

30 Jun 14 @ 14:53

BBVA is the first global banking group to commercially launch mobile HCE mobile payments based on new cloud-based payment specifications from Visa. The new cloud-based system will allow BBVA customers... read more

24 Jun 14 @ 13:09

In a sensible move, Russia has moved to prevent MasterCard and Visa quitting Russia by pledging to reduce the size of the deposit required for them to operate in the... read more

03 Jun 14 @ 14:24

Visa and MasterCard plan to continue to operate in Russia, following compromise agreements with the Russian government in the wake of the sanctions imposed on the country due to the... read more

23 May 14 @ 13:07

Visa and MasterCard both presented at the JP Morgan Chase Technology Conference earlier in the week and addressed several of the big issues that each face. With Russia’s demand to collect... read more

08 May 14 @ 10:11

As Russia begins to ramp up its own counter sanctions to the West, it has been revealed that Visa and MasterCard will have to pay nearly $4 billion in deposits... read more

17 Apr 14 @ 12:06

Visa expects a safer Chip&PIN card will soon make its US debut, said Visa executive Bill Sheedy in his keynote address at ETA’s Transact 14 conference. He says the added... read more

27 Mar 14 @ 10:42

Embattled Wal-Mart Stores has filed suit against Visa this week in U.S. District Court (Fayetteville) claiming the defendant conspired with large banks to fix interchange fees charged to merchants between Jan... read more

21 Mar 14 @ 11:12

As the Russian stock market collapses in the wake of US sanctions, closely followed by the EU,  Visa Inc and MasterCard Inc have stopped, without notification, providing services for payment... read more

12 Mar 14 @ 15:22

Visa and MasterCard have been in court to fight the EMV patent litigation they face from SmartMetric, Inc. SmartMetric is the owner of an issued United States Patent & Trademark Office patent... read more

10 Mar 14 @ 12:52

Visa and MasterCard have launched a cross-industry EMV acceptance group to improve security for card transactions and press US retailers and banks to meet a 2015 deadline to adopt technology that would make it safer... read more

03 Mar 14 @ 10:28

Visa Europe will cap the transaction fees it charges, the European Commission said on Wednesday, curbing an important money earner for banks behind the payment scheme. Europe’s antitrust regulator accepted on... read more

20 Feb 14 @ 10:03

In an interesting turn of events, Visa and MasterCard have announced their support for Host Card Emulation, a cloud-based mechanism for hosting NFC applications outside the Secure Element that effectively... read more

23 Jan 14 @ 12:36

UK consumers’ preference for electronic payments and contactless transactions continued to increase in 2013 as Visa Europe announces that spending with UK Visa credit, debit, commercial and prepaid cards increased... read more

10 Dec 13 @ 09:18

Visa Europe, Garanti Bank and Turkcell have announced a partnership that will enable Garanti Bank’s Visa credit cardholders in Turkey to make mobile contactless payments via a Turkcell Wallet. Garanti... read more

08 Nov 13 @ 16:32

Visa Europe and Orange have created a strategic partnership that reflects the companies’ shared ambition to accelerate awareness and everyday usage of mobile contactless payment in France. The initial step... read more

03 Oct 13 @ 16:00

According to a recent report from the US Census Bureau, 6% of all retail sales are conducted digitally, up nearly 200% since Q1 2004. Rising to this challenge, Visa, MasterCard and... read more

01 Oct 13 @ 13:25

The founders of the Occupy Money Cooperative, an off shoot of the  Occupy Wall Street group say they intend to launch a prepaid Visa card that will carry a small monthly fee. The... read more

24 Sep 13 @ 14:19

Visa and MasterCard have agreed to cut the fees to process credit card transactions in France by almost half. The French Competition Authority announced the agreement with Visa and MasterCard in the wake of... read more