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Visa

News stories featuring Visa:

Stripe gets access to Visa Token Service through strategic partnership

July 29th, 2015

Mobile and online payment provider Stripe has entered into a strategic partnership with Visa that will make it one of the first beta partners to connect to Visa’s network capabilities, giving its developer community access… More

Visa signs up 2,300 financial institutions for Visa Token Service

July 24th, 2015

More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call. The… More

Cab:app taxis to accept NFC mobile payments

July 2nd, 2015

More than 7,600 taxi drivers in 90 cities across the UK and Ireland can accept NFC mobile payments from passengers using the taxi-hailing app Cab:app through an mPOS gateway provided by Payworks.  “Drivers are now able to accept physical Visa, MasterCard and American Express card payments directly from the Cab:app application using NFC-enabled chip & PIN card readers,” the company says, adding that frequent passengers can pay directly from the app.

Barclaycard launches second generation bPay wearable payment devices

June 29th, 2015

Barclaycard has unveiled a second generation of its bPay wristbands and is to add contactless-enabled keyfobs and stickers to the range of bPay devices that will be made available for purchase on 1 July. More

CUA credit union reports rising interest in redi2PAY HCE mobile payments service

June 24th, 2015

The number of customers using CUA’s redi2PAY HCE mobile payments service more than 35 times per month was about three times higher in March 2015 than it was six months earlier, and the number of… More

Barclays and Starbucks promote contactless in UK

June 18th, 2015

Barclays customers can upgrade the size of their Starbucks coffee for free at participating locations in the UK when using their contactless card to pay until the end of June. “When you pay for any handcrafted espresso based beverage with your Barclays Visa contactless debit card, you must say ‘Barclays Cupgrade’ when you order and pay to redeem the offer,” the bank explains.

Almost one in six US consumers are using mobile wallets

June 17th, 2015

Almost one in six US consumers (15%) have used a mobile wallet in the past six months, up from 9% in the same period in 2013, and an additional 22% are likely to adopt mobile… More

The Bancorp to offer HCE prepaid cards to European issuers

June 10th, 2015

Financial products and services provider The Bancorp will offer open loop mobile prepaid cards that make use of host card emulation (HCE) to its European issuers in the fourth quarter of this year, through a… More

Williams-Sonoma adds shoppable videos

June 9th, 2015

US houseware and home furnishing retailer Williams-Sonoma has launched a four-part video series that uses YouTube’s new “shoppable” technology to allow its online shoppers to buy the showcased products with a click through Visa Checkout. The first video is now live online while the following three will follow later this summer.

Visa Europe to participate in Apple Pay UK launch

June 8th, 2015

Visa Europe has confirmed that it will play a part in the the UK launch of Apple Pay and will give debit, credit and reloadable prepaid cardholders access to the payment system. “Visa Europe would like to confirm that it is part of the Apple Pay launch in the UK coming at the beginning of July,” the payment network says. “Further details and information will be shared shortly.” MasterCard revealed last week that it was ready to switch on Apple Pay in Europe.

Google misses out on transaction fee revenues

June 8th, 2015

Google won’t earn any transaction fees from credit card issuers for Android Pay, unlike Apple which receives 0.15% of the value of each credit card transaction made with Apple Pay,  sources have told The Wall Street Journal.“That is because Visa and MasterCard recently standardised their tokenization card-security service and made it free, preventing payments services from charging fees to issuers,” the newspaper reports.

One in five Europeans expect to make daily mobile payments by 2020

June 4th, 2015

One in five Europeans expects to use their mobile phone to make payments on a daily basis by 2020, growing from the one in ten who do so already today, research from Visa Europe has… More

Visa launches VDEP service to make it easier and cheaper for banks to offer mobile payments

May 29th, 2015

Visa has launched the Visa Digital Enablement Program (VDEP), a new service that builds on the company’s token technology and adds a “turn-key, toll-free commercial framework accessible to more than 14,500 Visa financial institution clients and… More

First West Credit Union unveils contactless wristband

May 29th, 2015

First West Credit Union has introduced the Dashband, a wearable payment wristband that comes equipped with Visa PayWave technology to allow wearers to make contactless payments. More

Google unveils Android Pay

May 28th, 2015

Google is to introduce a new NFC mobile payments platform called Android Pay with the release of Android M later this year, vice president of engineering Dave Burke has revealed during the Google I/O 2015 keynote. More

Clear2Pay gets Visa confirmation as CVES provider

May 22nd, 2015

PARTNER NEWS: Conformance testing specialist Clear2Pay has been approved by Visa for its Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV-enabled contact and contactless payment devices in the US…. More

Postbank begins HCE pilot in Germany with Worldline

May 21st, 2015

Employees of Germany’s Postbank have begun piloting a mobile payment service based on host card emulation (HCE) that makes use of tokenization to allow NFC payments to be made at any Visa payWave terminal. PostBank… More

Visa Checkout reports 4m customers and 125,000 merchants

May 20th, 2015

More than four million customers have now signed up for Visa Checkout since its launch in July last year, and more than 125,000 merchants are now accepting the online checkout service along with 260 financial… More

Orange Cash adds in-store mobile payments in Spain

May 13th, 2015

Orange Spain is to launch a new version of its Orange Cash service allowing users to pay with their smartphone at Visa contactless point-of-sale terminals and make online payments using one-time generated virtual cards. A previous version… More

Visa in talks over $20bn Visa Europe acquisition

May 12th, 2015

Visa is in preliminary talks to buy former subsidiary Visa Europe in a deal that may be valued at as much as US$20bn. “The talks, which began when Visa approached Visa Europe, are at an early stage and could fall apart if the two sides can’t agree on a price,” Bloomberg reports. “Visa Europe is owned by more than 3,000 European banks and has a put option that would force its former parent to buy it within about nine months if at least 80% of its board agrees.”

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