News about Visa Checkout.
February 7th, 2017
Apple Pay has the largest percentage of supporting US merchants with 36% accepting the mobile payment service today, up from 16% last year, research released by Boston Retail Partners (BRP) reveals. Some 22% of retailers…
January 6th, 2017
Honda is conducting the first proof-of-concept demonstration of its in-vehicle payments platform at the Consumer Electronics Show 2017 in Las Vegas. The service allows drivers to pay for parking and fuel with a touch of…
December 16th, 2016
The tokenization agreement signed yesterday by Visa and Mastercard will help to address the “lack of comprehensive tokenization across brands”, a key merchant barrier to adopting the technology, Visa’s VP of digital products Vish Shastry…
December 15th, 2016
Mastercard and Visa have signed a tokenization agreement that will allow Mastercard to request tokenized Visa credentials from Visa for provisioning into Masterpass and Visa to request tokenized Mastercard payment credentials from Mastercard for provisioning into Visa Checkout. The agreement will “accelerate the adoption of tokens” across both digital payment platforms, says Mastercard’s James Anderson.
October 25th, 2016
Visa is allowing third-party partners to offer its Visa Token Service (VTS) platform, allowing device manufacturers, issuers, internet of things developers, wallet providers, merchants and others to offer its digital payment service on any device….
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…
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.”
June 3rd, 2016
Athletes at this year’s Rio 2016 Olympic and Paralympic Games will be given an NFC payments ring linked to a Visa account that will let them make purchases by tapping their hand against contactless terminals.
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.”
February 29th, 2016
Visa Checkout users will soon be able to scan an image of their credit or debit card with their mobile device to sign up to the service, rather than having to enter their information manually. The new update, expected to be made available in April, will be automatically applied to the platform so merchants “don’t have to make any adjustments to their existing online checkout processes or payment systems,” says Visa.
February 25th, 2016
Visa is expanding its online payment service to France, India, Ireland, Poland, Spain and the UK this year, taking the total footprint to 22 markets. Visa Checkout has been launched in 16 countries since its introduction in July 2014, including the US, Argentina, Brazil and Canada, with usage growing to more than 11m consumer accounts and acceptance by more than 250,000 merchants.
February 23rd, 2016
Visa is extending its Visa Token Service platform to auto manufacturers to enable in-vehicle payment experiences through Visa Checkout. The company has partnered with Honda and car parking solutions provider ParkWhiz to demonstrate fuel and parking proof-of-concept solutions at Mobile World Congress in Barcelona this week.
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…
February 11th, 2016
Commuters on Dublin Bus and Iarnród Éireann rail services may soon be able to pay for transport with a tap of an NFC device under plans put forward by public transport operator CIÉ. “Plans published by CIÉ show that it wants to upgrade its IT systems to accommodate new forms of payments, including Apple Pay, Samsung Pay and Stripe,” Independent.ie reports. “The semi-state transport company is also eyeing alternative payment systems such as Android Pay, MasterPass and Visa Checkout.”
September 29th, 2015
Visa has shown off a proof of concept NFC wristband in San Francisco, demonstrating how it could be used for making payments at the Rio 2016 Olympics next year. “Olympic hopefuls attending the Team Visa Summit learned to use new payment technologies that are expected to be implemented at the Rio 2016 Olympic Games including Visa Checkout and Samsung Pay,” Visa says. “We can’t yet confirm what kind of wearable payment devices we may have in Rio,” the company told NFC World.
August 25th, 2015
More than six million customers have signed up for Visa Checkout since its launch last year, Visa reports. The platform has nearly 250,000 merchants while financial institution partners have grown to over 330. “In recent months, no less than 33 new merchants, ranging from Best Buy and Under Armour to Barnes & Noble and Taco Bell, have signed on,” the payment network says.
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…
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.
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…
March 4th, 2015
Pizza Hut is testing a proof-of-concept “connected car” system that would let its customers order and pay for pizza from their vehicle before identifying themselves when arriving at the restaurant through Bluetooth beacons placed in…