Thursday 20 October 2016 | RSS



    News stories featuring Visa:

    Android Pay launches in Hong Kong

    October 20th, 2016

    Google is rolling out its Android Pay mobile payment service in Hong Kong with support for Mastercard and Visa cards from The Bank of East Asia, DBS, Dah Sing Bank, Hang Seng Bank, HSBC and Standard… More

    Visa CEO Charlie Scharf steps down

    October 18th, 2016

    Visa CEO Charlie Scharf will resign on December 1, 2016 to be replaced by current Visa board member, and former president of American Express, Alfred F Kelly Jr. “Mr Scharf informed the board of directors that he decided to resign his position as CEO and board member because he could no longer spend the time in San Francisco necessary to do the job effectively,” the payment network says. “Mr Kelly will join the company on October 31, 2016 as CEO designate.”

    USAA Bank adds Samsung Pay

    October 13th, 2016

    USAA Bank has introduced support for Samsung Pay for its Visa credit and debit cardholders. “We already have Apple Pay and Android Pay — Samsung Pay is the next step forward,” says the US bank’s mobile payments lead Kiyanna Garland.

    Apple Pay launches in New Zealand

    October 13th, 2016

    Apple Pay has arrived in New Zealand with support for Visa credit and debit cards issued by ANZ Bank New Zealand. The mobile payment service will be accepted by some of the country’s major retailers… More

    Study shows growing European appetite for mobile payments

    October 12th, 2016

    Some 54% of European consumers are using a mobile device to make payments for a range of activities in-store, in-app and online, compared to 18% at this time last year, Visa’s 2016 Digital Payments Study… More

    UK Vodafone customers get NFC payments through PayPal

    October 10th, 2016

    Vodafone customers in the UK can now make NFC mobile payments through PayPal using Vodafone Wallet at any contactless terminal as well as across the Transport for London (TfL) network and on National Rail services… More

    US now Visa’s biggest EMV market

    October 3rd, 2016

    There are now more than 1.46 million chip-enabled businesses and 363 million chip-enabled Visa cards in the US, making it the largest Visa chip card market in the world, the company has revealed. “The number of Visa chip transactions surpassed half a billion in the month of August, representing a 1,000+ percent annual increase,” the payment network says.

    mVisa launches in Kenya

    September 21st, 2016

    Visa has launched its mVisa QR code-based mobile payment service in Kenya with Co-Operative Bank, Family Bank, KCB and NIC Bank. “With mVisa, consumers can directly access all of the funds in their bank accounts to pay merchants or individuals,” Visa says. mVisa was unveiled in August 2015 through a pilot with Indian banks. ICICI Bank became the first to offer the service to consumers in October, followed by State Bank of India, which announced its support for mVisa in May 2016. It is due to arrive in Nigeria by the end of this year.

    Walmart to stop accepting Visa in Manitoba

    September 19th, 2016

    Retail giant Walmart is to stop accepting Visa credit cards at its 16 stores in the Canadian province of Manitoba, beginning 24 October 2016. Walmart Canada ceased to welcome Visa credit cards in Thunder Bay, Ontario in July. The decision follows the supermarket chain’s filing of a lawsuit against Visa in May for “allegedly forcing the retailer to let customers use signatures when paying with chip cards”.

    Visa reveals growing Euro interest in biometric authentication

    September 19th, 2016

    More than three in five European consumers (62%) believe using biometric forms of payment authentication will be faster and easier than passwords and PINs, research by Visa reveals, with 42% believing that the procedure could completely… More

    Smartphone cases get bPay to enable NFC mobile payments

    September 15th, 2016

    Smartphone case manufacturer Case Station has integrated Barclaycard’s bPay contactless payment technology into its new range to allow consumers to make NFC mobile purchases with a tap of their handset at any contactless terminal. “All… More

    UOB to launch NFC ATMs and instant credit card issuance

    September 14th, 2016

    Customers of Singapore’s United Overseas Bank (UOB) will soon be able to withdraw cash from ATMs with a tap of their NFC mobile phone and get instant digital credit card issuance straight to their smartphones… More

    NAB PayTag NFC stickers introduced

    September 13th, 2016

    National Australia Bank is making its new NFC payments method available to customers this week. NAB PayTag is a sticker “which can be attached to mobile devices to enable contactless payments linked to a customer’s Visa debit card,” NAB says. The bank is also releasing an updated mobile banking app later this year that will allow customers to use newly approved personal Visa credit cards directly through NAB Pay without having to wait for the physical card to arrive in the mail.

    NAB to allow instant use of approved cards through NAB Pay

    September 13th, 2016

    Customers of National Australia Bank (NAB) will soon be able to use the bank’s NAB Pay host card emulation (HCE) based mobile payment app to make purchases via newly approved personal Visa credit cards without… More

    Facebook updates Messenger bots to enable payment

    September 13th, 2016

    Businesses across the US will now be able to sell products and services through Facebook’s Messenger app. An update to the social network’s recently launched Messenger chatbot platform will enable bots to accept payments without having… More

    Toronto Film Fest gets VR and NFC payments with Visa

    September 13th, 2016

    Visitors to the Toronto International Film Festival (TIFF) are being given the opportunity to embark on a virtual shopping experience that enables them to enter a wardrobe studio to try on iconic costumes from famous… More

    Venmo to get NFC mobile payments

    September 9th, 2016

    The PayPal-owned Venmo mobile payments app may soon allow users to make in-store purchases using NFC. PayPal is also adding NFC mobile payments to its PayPal Wallet through an agreement reached with Visa in July 2016 and the Mastercard deal announced this week. “Venmo and its parent company, PayPal, are adding in-store payments to their mobile apps in the first half of 2017,” Quartz reports. “Jim Magats, PayPal’s head of global core payments, tells Quartz that PayPal is in discussions with Apple to see how they can work together in the future.”

    Apple Pay heads to New Zealand and Russia

    September 8th, 2016

    Apple Pay is preparing to launch in New Zealand with support from ANZ Bank New Zealand. “The payment system will work with Visa credit and debit cards issued by ANZ,” Stuff reports. “A release date has not been announced, but it is expected to arrive before the end of the year.” The service is also expected to launch in Russia, according to AppleInsider. A start date has not yet been announced. Apple Pay will arrive in Japan with Sony FeliCa technology next month.

    Visa Checkout coming to Braintree merchants

    September 7th, 2016

    Visa Checkout will soon be offered as a service for US retailers using the PayPal-owned Braintree payments platform. “Visa Checkout will be available to US merchants through Braintree’s SDK in early 2017,” PayPal says. “Visa Checkout now has more than 14m consumer accounts. Hundreds of thousands of merchants and more than 900 financial institution partners now offer Visa Checkout in 16 countries around the world; expansion into five additional European countries and India will take place by the end of 2016.”

    PayPal extends NFC acceptance in US via Mastercard

    September 6th, 2016

    US consumers will soon be able to make NFC mobile payments using PayPal at the point of sale wherever Mastercard is accepted. The strategic partnership between the two companies will also enable Masterpass as an… More

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