30 Jan 15 @ 14:16
Nine Polish banks have confirmed plans to commercially launch Visa cloud-based mobile contactless payment services from early next year, cementing Poland’s reputation as a hotbed for innovation in digital payment... read more
30 Jan 15 @ 13:03
Google is suing Visa and MasterCard, accusing the payment processors of breaching US federal antitrust law by charging ‘supra-competitive’ interchange fees. Google was one of those merchants that had earlier... read more
03 Dec 14 @ 12:03
Visa and MasterCard have bowed to pressure from Canadian regulators by agreeing to set a 1.5% cap on interchange rates in Canada for the next five years, a reduction of... read more
02 Oct 14 @ 15:38
Visa has initiated the roll-out of its tokenisation service to US clients. Visa Token Service replaces sensitive payment account information found on plastic cards with a digital account number or... read more
02 Oct 14 @ 15:18
Vodafone, in partnership with Visa, is developing a new mobile payments system that will allow users to complete contactless payment via NFC-enabled SIM cards. Vodafone and Visa have previously partnered... read more
29 Jul 14 @ 22:20
Spain’s CaixaBank has launched a contactless Visa-branded wristband, making it the largest programme in Europe to use wearable devices to make Visa payments at more than 300,000 locations across Spain.... read more
29 Jul 14 @ 22:18
Spain’s BBVA banking group has become the first global banking group to commercially launch mobile NFC payments based on the new cloud-based payment specifications from Visa. The new system will... read more
29 Jul 14 @ 21:41
Visa and MasterCard have reached a compromise agreement with Russian officials that would allow the global payment networks to continue operating in the country. Russia’s finance minister, Anton Siluanov, said... read more
29 Jul 14 @ 21:31
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
30 May 14 @ 11:25
One of the consequences of the ongoing Russia/Ukraine crisis has been the imposition of economic sanctions against Russia, something which has provoked a stringent response from the country’s president Vladimir... read more
27 Mar 14 @ 23:52
UK consumers’ preference for electronic payments continued to increase in 2013 as Visa Europe’s annual results showed that spending with UK Visa credit, debit, commercial and prepaid cards increased by... read more
27 Mar 14 @ 20:21
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... read more
27 Mar 14 @ 20:14
The European Union’s antitrust regulator has accepted Visa Europe’s offer to cap its credit card multilateral interchange fees (MIFs) for cross-border credit card payments at 0.3% for retailers, two people... read more
26 Sep 13 @ 13:20
Visa Europe has highlighted Slovakia as a showcase market for the adoption of contactless technology, with 1.43 million cards in circulation recording one million contactless transactions per month. Almost 7%... read more
26 Sep 13 @ 13:20
mPOS payment provider Swiff has received approval for its chip and PIN mPOS solution for use with Visa payments through the Visa Ready programme. The Visa Ready programme is aimed... read more
26 Sep 13 @ 13:20
IBM, Monitise and Visa Europe have teamed up to enable Visa Europe to provide its member banks with new mobile banking, payment and commerce services in the cloud for its... read more
26 Sep 13 @ 10:13
The number of payment cards worldwide increased by 12% in 2012 to reach a landmark 10 billion, according to a new report from research and consulting firm Retail Banking Research... read more
01 Aug 13 @ 18:06
Starbucks, Barclaycard Global Payment Acceptance and Visa Europe have announced that over 550 Starbucks stores in the UK are now accepting contactless payments. Ian Cranna, vice-president of marketing for Starbucks... read more
28 Jul 13 @ 05:40
The latest twist in the ongoing battle over interchange between US merchants and Visa and MasterCard has seen a group of around 30 merchants, including giants such as Amazon and... read more
13 Oct 25 @ 13:22
The payments industry may be on the cusp of one of its most dramatic shifts in decades. Reports suggest that large retailers, notably Walmart and Amazon, are exploring the issuance... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more
20 Oct 26 @ 09:06
Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more