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European Retailers Tell EU to Do Something About High Fees Charged by Credit Cards Like Mastercard, Visa

Large European retailers are asking the European Commission to address the fees charged by credit card issuers like Visa and Mastercard. According to a report, these retailers want these fees reduced. The message was said to be sent in a letter, addressed to the Commission’s… Read More

How Visa’s VAMP Program Affects Merchants and Acquirers

Visa’s Acquirer Monitoring Program (VAMP) is causing problems for acquirers and merchants, both for its design and its rollout. While the motivation to limit losses is understandable, Accertify’s director of global product management, Michael Mallon, said customer frustration is too. Visa said VAMP combines five… Read More

AI Highlights Visa Global Product Drop

Last week, Visa used its Global Product Drop to highlight how it is using AI to improve the consumer shopping experience. “As new ways to pay emerge, they need to run on a network that is always on – that is safe, secure, scalable and… Read More

Rain Joins Visa Stablecoin Settlement Program

Rain, a global card issuing platform built for stablecoins, has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC The company provides backend infrastructure – APIs, compliance layers and… Read More

Payments Fintech Stripe Announces Bridge and Visa’s Stablecoin focused Partnership

Payments processing Fintech Stripe has recently announced two significant updates that underscore its objective to advancing financial technology and enhancing user experience. The company has partnered with Visa through its newly acquired stablecoin platform, Bridge, to launch a card-issuing product, and has expanded its AI-powered… Read More

Visa, Maroc Telecom Team Up to Boost Mobile Payments in Africa

Visa and Maroc Telecom Group have entered into a strategic partnership to enhance mobile payment services in Morocco and explore wider digital financial inclusion efforts across Africa, the companies announced. The collaboration will initially focus on integrating Visa’s payment solutions into MT Cash, Maroc Telecom’s… Read More

Visa Unveils New Services for Acquirers, Payments Facilitators and Merchants

Visa (NYSE: V), a global enabler of digital payments, has expanded its value-added services portfolio with the addition of products that make accepting payments easier and secure in a complex commercial landscape: reimagined Authorize.net, Unified Checkout and the ARIC Risk Hub. According to the update… Read More

Virtual Card Firm Extend Partners With Visa

Extend, a virtual card and spend management platform, announced it has entered into a referral agreement with Visa. Extend’s solution enables what Visa defines as emerging middle-market companies to manage spending with the power of virtual cards to increase controls, fight fraud, and close their… Read More

Visa Introduces Scam Disruption Practice, Will Identify and Prevent Fraudulent Activities

Visa (NYSE: V), a global provider of payment technology, unveiled its scam disruption practice focused on identifying and stopping complex scams as they emerge. The new department, which sits under Visa Payment Ecosystem Risk and Control (PERC), has reportedly saved victims “$350 million across dozens… Read More

Digital Bank Revolut and Visa Legally Challenge UK Payment Systems Regulator’s (PSR) Fee Cap Plan

Revolut and Visa have launched legal challenges against the UK’s Payment Systems Regulator (PSR) over its decision to impose caps on interchange fees for cross-border online payments, as reported by the FT. The move marks a considerable escalation in the ongoing tug-of-war between the payments… Read More

Visa Tap to Phone Adoption Reportedly Increases 200% YoY Globally

Visa (NYSE: V) announced that Tap to Phone has experienced “a 200% increase over the past year, supporting millions of sellers of all sizes.” In the highest Tap to Phone countries – the U.S., UK, and Brazil – adoption rates have surged, “showing a combined… Read More

Fintech Aspire Introduces Visa Corporate Cards for SMBs in Hong Kong

Aspire, a Fintech headquartered in Singapore, announced the launch of its Visa corporate card tailored specifically for small and medium-sized businesses in Hong Kong. By providing access to financial tools, Aspire and Visa are setting the stage for a new era of “growth and efficiency… Read More

Commerzbank and Visa to Assist Businesses with Leveraging Payments Innovations

Commerzbank and Visa (NYSE: V) have agreed on a strategic partnership in the card business. The firms are reportedly expanding their existing cooperation in payments. In the foreseeable future, Commerzbank customers will preferentially “receive debit and credit cards” from the global tech company Visa. The… Read More

Bitcoin Rewards Card Provider Fold Expands Partnership with Visa

Fold, a Bitcoin rewards card provider, announced an expansion of its collaboration with Visa (NYSE: V) to bring innovative Bitcoin rewards card programs to the market. This expanded agreement encompasses Fold’s flagship debit card program and upcoming credit card products, leveraging Visa’s shared services and incentives to… Read More

Visa and DealMe to Streamline Cross-Border Intallment Payments

Vietnamese Visa credit cardholders will soon be able to enjoy real-time installment offers at popular merchants in South Korea, thanks to a new partnership between Visa (NYSE: V) and DealMe. This innovative payment solution is expected to enhance the overall shopping experience for Vietnamese travelers… Read More

X to Partner with Visa on Peer to Peer Payments, More Fintech Coming

X (formerly Twitter) has long been expected to move into the Fintech sector. Today, we have an announcement from X CEO Linda Yaccarino on a partnership with Visa (NYSE:V) to enable peer-to-peer payments. Via X, Yaccarino shared that the “Everything  App” (IE X) will work… Read More

Visa Invests in Nigerian Fintech Moniepoint

Moniepoint, a Nigerian business payments and banking services platform, has secured an investment from Visa. Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint (formerly known as TeamApt) has targeted Nigeria’s network of small and medium-sized businesses (SMEs), offering a suite of services including… Read More

Doha Bank Introduces Visa Commercial Pay to Support Qatar’s Cashless Economy

Doha Bank in Qatar has officially introduced Visa Commercial Pay. Doha Bank, which claims to be one of the largest private commercial banks in Qatar is reportedly set to become the first banking platform in the market to  launch Visa Commercial Pay (VCP) and the… Read More

US Retail Spending Increases Nearly 5% YoY During Holiday Season – Visa Report

Visa (NYSE: V), a global enabler of digital payments, announced its first Retail Spend Monitor from Visa Consulting & Analytics (VCA). This year, Visa’s preliminary insights indicate that the “overall holiday retail spend in the U.S. increased 4.8% year over year.” This is across all forms… Read More

Visa Announces Completion of Featurespace Acquisition

Visa (NYSE: V) announced it has completed its acquisition of Featurespace, a developer of real-time artificial intelligence (AI) payments protection tech that prevents and mitigates payments fraud and financial crime risks. This will bolster Visa’s fraud protection capabilities and enhance security. Visa will now reportedly… Read More

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