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    Visa

    News stories featuring Visa:

    BitPay launches BitPay Visa card

    May 6th, 2016

    Bitcoin payment gateway BitPay has launched the BitPay Visa Card, a debit card that will let US consumers make payments with the virtual currency wherever Visa is accepted and make ATM withdrawals. “The BitPay Card can be loaded in seconds from any Bitcoin wallet,” the company says. “There are zero fees on Bitcoin top-ups and you can load up to $10,000 per day in spendable funds.” BitPay announced plans to launch an NFC mobile payment app in November 2014.

    State Bank of India goes live with mVisa

    May 6th, 2016

    Customers of State Bank of India (SBI) can now make QR code-based mobile payments using mVisa, the mobile payment platform unveiled by Visa and piloted by SBI in August 2015. “Bank customers can simply download the latest version of SBI Anywhere application and register for mVisa payments by simply clicking the mVisa icon on the home screen,” SBI says. “In the first phase, SBI’s mVisa service has been introduced in Bangalore city — this facility will be gradually expanded to other cities.”

    Apple Pay to get Visa and MasterCard support in Canada?

    May 3rd, 2016

    Apple Pay will be expanding to Visa and MasterCard in Canada by May 10, “barring any unforeseen circumstances,” iPhone in Canada reports. “As for Canadian bank support, we’re told at least two of the Big 5 banks will support Apple Pay,” the publication adds. Apple Pay went live in Canada for American Express cardholders in November 2015.

    MasterCard to reduce EMV checkout time

    April 28th, 2016

    MasterCard has unveiled M/Chip Fast, a technology advancement designed to help speed up EMV transactions at the checkout. “A shopper inserts his or her card into an M/Chip Fast-enabled terminal,” the company explains. “M/Chip Fast provides counterfeit fraud protection by creating a unique code for each transaction. Once the code is generated, the card can be removed from the reader.” The announcement follows the unveiling of Visa’s Quick Chip for EMV service.

    Australia’s ANZ adds support for Apple Pay

    April 28th, 2016

    Customers of Australia’s ANZ bank can now make payments using Apple Pay with either an ANZ Visa debit or credit card or an ANZ American Express credit card. The bank is the first of the… More

    Tutuka to roll out cloud-based payments with Proxama

    April 26th, 2016

    PARTNER NEWS: Prepaid card processor Tutuka has begun the implementation of digital payment solutions provider Proxama’s Digital Enablement Platform (DEP) for a fully independent cloud-based payment (CBP) solution in the Middle East, Asia and Africa. “Proxama will… More

    Visa amends financial details of Visa Europe acquisition

    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.

    Fibank launches HCE in Bulgaria

    April 21st, 2016

    Customers of First Investment Bank (Fibank) of Bulgaria can now make host card emulation (HCE) based payments through its mobile banking app using a digital card supplied by MasterCard. The service makes use of technology supplied… More

    Micromax to launch NFC mobile payments with TranServ and Visa

    April 21st, 2016

    Handset maker Micromax will soon begin offering its customers in India an NFC mobile payment service through a collaboration with Visa and payment solutions provider TranServ. More

    G&D integrates Convego CloudPay with Visa Token Service

    April 21st, 2016

    PARTNER NEWS: Giesecke & Devrient (G&D) has integrated its Convego CloudPay solution with Visa Token Service (VTS). The integration will allow G&D to request and provide payment tokens from VTS to Visa issuers’ host card… More

    Visa tech speeds up EMV checkout time

    April 20th, 2016

    Visa has launched Quick Chip for EMV, a technology enhancement that speeds up the checkout time when paying with an EMV card. “The Quick Chip specification is available free-of-charge to payment processors, acquiring banks and other payment networks to offer to merchants,” Visa says. “The upgrade streamlines the processing of chip card transactions to enable customers to dip and remove their EMV chip card from the terminal, typically in two seconds or less — several merchant processors, terminal providers and vendors plan to implement and offer Quick Chip in the coming months.”

    Samsung Pay to launch in Singapore in Q2 this year

    April 20th, 2016

    Samsung Pay will launch in Singapore in the second quarter of this year, the company has announced, adding it to South Korea, the US and China on the list of Samsung’s “priority markets”. The service will launch… More

    Apple Pay launches in Singapore

    April 19th, 2016

    Apple Pay has begun rolling out across Singapore, letting consumers pay in store with compatible Apple devices and make purchases within participating mobile apps using their American Express cards, with support from Visa expected “soon”…. More

    Priorbank launches HCE payments in Belarus

    April 11th, 2016

    Customers of Priorbank in Belarus can now make mobile payments using a new HCE service that supports MasterCard and will be extended to include Visa cards later this year. “The bank plans to implement the mobile issuing service for both debit and credit cards,” says technology provider OpenWay. “Each transaction over 200,000 Belarusian rubles (about US$10) is confirmed by PIN.”

    Visa Europe reports “significant growth” in higher value contactless transactions

    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… More

    Barclays will not support Android Pay in the UK

    March 23rd, 2016

    “At this stage, we are not planning on participating in Android Pay in the UK,” British ‘big four’ bank Barclays has told NFC World. The bank was a notable absentee from Google’s list of banks… More

    Google to launch Android Pay in the UK in the “next few months”

    March 23rd, 2016

    Google has announced that it is to launch its Android Pay mobile payment service in the UK within the “next few months.” The service will launch with support from MasterCard, Visa and eight UK financial institutions. Barclays, one of the UK’s “big four” banks and an NFC mobile payments pioneer, is a notable absence from the list. More

    Austria gets nationwide SIM-based NFC mobile payment service

    March 16th, 2016

    Austrians can now make SIM-based NFC mobile payments using a new nationwide mobile payment service launched by Payment Services Austria (PSA) and supported by Austria Card. The launch of the Bankomatkarte Mobil system follows a… More

    Carta Worldwide renews partnership with NFC World

    March 14th, 2016

    NFC World is pleased to welcome transaction technology provider Carta Worldwide as a partner for a second year. Carta is an award-winning leader in next-generation transaction processing and mobile payment technologies including host card emulation (HCE), cloud-based secure elements and tokenization. More

    Visa Checkout lets users slide to pay

    March 14th, 2016

    Shoppers can now complete online purchases through Visa Checkout by sliding a virtual image of their credit, debit or prepaid card across the screen of their smartphone. “Now, instead of a lightbox, a consumer sees a picture of her card on the Visa Checkout button, swipes it to the right and simply enters her password inside the button itself to authenticate,” Visa says. “The interactive button is now available globally to merchants selling digital goods and services, or items that customers purchase online and pick up in a physical store.”

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