Tagged: visa

January 17, 2022 @ 9:35 pm By JD Alois  |  

As was reported earlier, Amazon UK has hit the pause button on an earlier announcement that it would stop accepting Visa for transactions in the UK. Of course, the decision to cease allowing Visa was due to the very high fees associated with using the… Read More

January 17, 2022 @ 5:18 pm By Omar Faridi  |  

Freedom, work satisfaction and flexibility are a few of the key reasons that small business owners “take the leap” to pursue their vision, according to an update from Visa (NYSE: V). Rachelle Gonzalez, Founder of Taco Shelly’s in Bethlehem, PA, had reached a key point… Read More

January 17, 2022 @ 10:29 am By JD Alois  |  

Towards the end of 2021, Amazon UK distributed an email to its customers stating it would stop accepting Visa cards for purchases beginning January 19, 2022. Today, it is being widely reported that Amazon has backed away from that decision. According to AP, Amazon has… Read More

January 6, 2022 @ 2:24 pm By Omar Faridi  |  

Payments giant Visa (NYSE: V) notes that Sara’s Tamales in Portland, Oregon, is a small business built on a “big dream” — one that seemed quite “far-fetched” before owner Sara Rodriguez introduced her very first tamale cart. “When you don’t have the opportunities, the money… Read More

December 30, 2021 @ 3:11 pm By Omar Faridi  |  

Ruben Salazar Genovez, Global Head of Visa Direct, notes that when he was growing up in El Salvador during the 1980s, people living in “extreme” poverty were defined as those “who spend their daily purchasing power on food and still go to sleep hungry.” Now,… Read More

December 30, 2021 @ 9:45 am By JD Alois  |  

Binance, the largest crypto exchange in the world, has acquired the remaining shares of Swipe, a Visa card platform that enables users to spend crypto. The terms of the deal were not disclosed. Binance acquired a majority portion of Swipe in 2020. According to a… Read More

December 24, 2021 @ 9:11 am By Omar Faridi  |  

Local tech startup Bloom has unveiled a new collaboration with Visa (NYSE: V) to provide extra spending rewards for Visa card users residing in Hong Kong. As noted in an update shared with CI, the tie-up should help with accelerating Visa’s journey in connecting with… Read More

December 23, 2021 @ 8:15 am By Omar Faridi  |  

Visa (NYSE: V) announced it has finalized the acquisition of Currencycloud, an international platform that enables banking institutions and Fintech firms to offer various foreign exchange solutions for cross-border transactions. The acquisition will aim to empower Visa and Currencycloud customers and partners to offer a… Read More

December 19, 2021 @ 2:44 pm By Omar Faridi  |  

Verifi, a Visa solution, is reportedly making strides to ease merchant pain points while driving operational efficiency with the international expansion of their “first to market” Rapid Dispute Resolution (RDR) solution. As an innovative market participant specializing in merchant dispute prevention and resolution, Verifi first… Read More

December 14, 2021 @ 5:16 pm By Tony Zerucha  |  

European VC firm Sapphire Ventures will significantly expand its European investment activities over the coming year, the company said this week. As part of this expansion, which follows the opening of the firm’s first European office last year, Sapphire promoted Annalise Dragic, currently a principal,… Read More

December 14, 2021 @ 12:17 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), via its subsidiary Simplex, is introducing branded Visa debit cards for its partners across the European Economic Area and United Kingdom, “following a partnership with Visa.” Having provided crypto-friendly debit cards to blockchain finance ecosystem COTI in recent months,… Read More

December 6, 2021 @ 11:11 am By Tony Zerucha  |  

While Amazon’s (NASDAQ:AMZN) recent decision to stop accepting Visa (NYSE:V) credit card payments in January is causing some short-term disruption, it’s a calculated move, Forter’s head of strategic partnerships for EMEA and APAC Neil Smith said recently. Beginning Jan. 19, 2022, Amazon will no longer… Read More

December 1, 2021 @ 5:22 pm By Tony Zerucha  |  

Americans are the most common target of payment card fraud, based on details for sale on the dark web, new research published this week by NordVPN shows. The company analyzed 4.5 million payment card details belonging to citizens of 140 countries that were found by… Read More

November 24, 2021 @ 6:03 pm By Tony Zerucha  |  

Online payment solutions provider Veem recently announced the rollout of Veem Partner Connect program, enabling partners with flexible and configurable integration options. As services continue to shift online, embedded financial products are expected to become the norm for SMBs as they look for simple and… Read More

November 19, 2021 @ 1:10 pm By Tony Zerucha  |  

Visa finds itself in the wrong place at the wrong time and that will hurt its business in the United Kingdom, GlobalData payments analyst Chris Dinga said in a research note today. As of Jan. 19, 2022, Amazon will no longer accept payments from Visa… Read More

November 17, 2021 @ 3:22 pm By JD Alois  |  

Amazon (NASDAQ:AMZN) says it will stop accepting Visa Inc (NYSE:V) credit cards in the United Kingdom beginning in 2022. According to the Guardian, Amazon users received an email this week explaining its decision to halt Visa payments beginning January 19, 2022, due to the high… Read More

November 8, 2021 @ 8:00 am By Omar Faridi  |  

Crypterium is set to launch a physical US Visa card in Q1 2022, according to an update shared with CI. Crypterium, the crypto wallet app with more than 400,000 customers in 170+ countries, has been a part of the Visa Fast Track program for more… Read More

November 7, 2021 @ 10:26 pm By Omar Faridi  |  

Hong Kong-based Currenxie, a cross-border payments platform, reveals that it has introduced a Visa card to offer businesses with a more convenient and secure way to  handle international  transactions. As mentioned in the announcement, the Currenxie Visa Business Card is presently available to the firm’s… Read More

November 4, 2021 @ 8:21 am By Omar Faridi  |  

Germany’s technology subscription platform Grover is partnering with Solarisbank and Visa (NYSE: V) in order bring embedded finance into its product offering. This initiative has been introduced in order to support a societal shift towards the circular economy, the announcement noted. The Grover Card is… Read More

November 1, 2021 @ 10:42 pm By Omar Faridi  |  

Touch ‘n Go has teamed up with Visa (NYSE: V) in order to create a prepaid card solution that is tied to its digital wallet and is expected to be available to clients next year. Touch ‘n Go Sdn Bhd (TNGSB) was incorporated in October… Read More