News stories featuring Visa Europe:
June 21st, 2016
Visa has completed its acquisition of Visa Europe. “The combined, global company provides digital payment products, services and processing to about 17,100 financial institution clients and partners, more than 40m merchant outlets and 3bn Visa accounts worldwide,” the payment network says. “Visa-branded cards and payment products enable approximately US$6.8trn in global payments volume annually.”
June 13th, 2016
Apple Pay is expanding to Switzerland, France and Hong Kong in the “next few months” and will be made available for online payments via an Apple Pay button that uses Touch ID for authentication, the company has announced during a keynote at its Apple Worldwide Developers Conference (WWDC).
June 3rd, 2016
The European Commission has approved the proposed acquisition of Visa Europe by Visa. “Visa has now received all regulatory approvals required for the acquisition,” Visa says. “The transaction has already been cleared by both the Jersey and the Turkish competition authorities. The transaction is expected to close in Visa Inc’s fiscal third quarter of 2016. Visa will announce the closing once it has occurred.”
May 30th, 2016
Some 3bn contactless transactions were made across Europe on Visa cards and payment-enabled devices in the year to 30 April 2016, growing from 143m transactions a month in April 2015 to 360m in April 2016. The…
May 18th, 2016
Visa Europe has launched its Visa Europe Digital Enablement Programme (VEDEP) in the UK in an effort to simplify the implementation process for banks looking to support third-party mobile wallets. Google is using the platform to launch…
May 11th, 2016
Cornèr Bank has signed an agreement with Swiss luxury watchmaker Swatch to make its Cornèrcard available for payments on the Swatch Bellamy NFC watch from mid-June. “Clients can sign up with the bank, pre-load the watch with funds and start shopping in Switzerland and around the world wherever Visa contactless is accepted,” Swatch says. Swatch confirmed its agreement with Visa and Visa Europe to roll out the NFC payments watch in the US, Switzerland and Brazil in November 2015.
May 11th, 2016
Some 3bn contactless transactions have been made across Europe using Visa cards in the past 12 months, nearly tripling the number made in the previous 12-month period, Visa Europe has revealed.
May 10th, 2016
PARTNER NEWS: Visitors to the 2016 Eurovision Song Contest (ESC) in Stockholm, Sweden, this month will be able to purchase contactless payment wristbands that will enable payments at any Visa contactless terminal in the world. The wristbands, which will be active until the end of October, will be rolled out by Visa and digital security giant Gemalto.
April 25th, 2016
Visa has reached a preliminary agreement to amend the transaction details of its Visa Europe acquisition in response to feedback from the European Commission. “Instead of an earn-out, the cash consideration payable in the transaction will be increased by €1.75 billion — €750m payable upon closing and €1bn, plus 4% compound annual interest, payable on the third anniversary of closing,” Visa says.
April 4th, 2016
The increase in the UK contactless card payment limit from £20 to £30 has had “a transformative effect” on consumer spending habits, according to Visa Europe, with contactless transactions over £20 seeing an average monthly…
March 21st, 2016
Visa Europe has enlisted the help of UK actors Brian Blessed and Joanna Lumley to promote contactless payments through a ‘Cashfree and Proud’ campaign that will run from March to May. “The campaign is focused on encouraging consumers who are light contactless users, or those who are yet to use contactless in their daily lives, reassuring them of the ease and simplicity of use,” Visa says. “The campaign includes ads across radio, digital, social and outdoor, at high impact sites.”
February 16th, 2016
Visa Europe has expanded its tokenization service to include support for services where payment credentials are stored in the cloud — such as banks’ own mobile payment apps, wearables and other connected devices — as…
January 26th, 2016
Contactless now accounts for one in seven Visa transactions across the UK, up from one in 25 a year ago, the payment network has revealed, with contactless payments growing 250% year-on-year and 60% of transactions occurring outside London. “Almost 460,000 terminals across all of the UK are now ready for face-to-face contactless and mobile payments,” says Visa Europe’s Kevin Jenkins.
January 14th, 2016
Visa cardholders made more than a million contactless journeys on London’s transport network on a single day in the lead up to Christmas, Visa Europe has revealed. “In December alone, Visa Europe saw a 166% annual…
November 30th, 2015
Swiss luxury watchmaker Swatch has confirmed that it has signed an agreement with Visa and Visa Europe to enable eligible cardholders in the US, Switzerland and Brazil to tap and pay with the Swatch Bellamy watch.
November 3rd, 2015
October 20th, 2015
People in Ireland are now making over two million contactless transactions with Visa debit cards every month, Visa Europe has revealed, representing a rate of one contactless payment per second. “Adoption and usage of contactless cards in Europe continues to grow, most recently marked by more than one billion transactions across Europe in the last 12 months,” the payment network says.
September 14th, 2015
Supermarket giant Carrefour Belgium has teamed up with Visa Europe and transaction services provider Worldline to roll out contactless payments in 747 stores across the country by the end of this year. “This is a unique momentum in the Belgian payment sector as it is the first time that a large retail store is proposing consumers to pay contactless,” Carrefour says.
September 9th, 2015
Vodafone Turkey has partnered with Visa Europe to let its users link a Visa card to its Vodafone Cep Cüzdan NFC mobile wallet. “Previously, customers have had to go into a Vodafone store or a post office to top-up,” Vodafone told NFC World. “Now, they will be able to link a Visa card to their Mobile Cash Card and send payments to it more easily.”
September 1st, 2015
The UK contactless limit increase from £20 to £30 could enable an extra three million Visa contactless transactions a day, worth more than £70m, Visa Europe says. “Supermarkets, clothes retailers, department stores and pharmacy chains will benefit the most from the increase,” the payment network says. Contactless now accounts for one in 11 in-store Visa transactions, it adds.
Feed for stories featuring Visa Europe.
• Find a list of all the companies and other organisations that have been featured in NFC World+ in our directory.