Payments News

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Companies

WSJ News Exclusive | Justice Department Investigating Visa Over Debit-Card Practices

“The Justice Department is investigating whether Visa Inc. is engaging in anticompetitive practices in the debit-card market, according to people familiar with the matter. The department’s antitrust division has been gathering information and asking whether Visa, the largest U.S. card network, has limited merchants’ ability to route debit-card transactions over card networks that are often […]
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On The Wires

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Companies

Tap to Ride! Monterey-Salinas Transit Becomes 1st in California to Offer Riders the Ability to Tap to Pay With Visa

“Today, in collaboration with Visa, Caltrans, Cybersource, Littlepay, and SC Soft, Monterey-Salinas Transit (MST) became the first transit agency in California to offer bus riders a contactless payment option. As cities begin to reopen, public transportation will play a critical role in recovery, and contactless payments can help provide a safe and easy experience for […]
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Companies

Visa and Airbnb Partner To Get Hosts Paid Faster With Visa Direct

“Visa (NYSE:V), the world’s leader in digital payments, and Airbnb (NASDAQ: ABNB), a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets will be able to access their earnings more quickly. Through Airbnb’s use of Visa Direct[1], Visa’s real-time[2] push payments platform, Hosts will have an option to move money from […]
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Companies

One Billion Additional Touch-free Visa Payments Made As Consumers Embrace Contactless Commerce

“Visa today announced that it has processed one billion additional touch-free payments1, where previously consumers would have needed to enter their PIN, as consumer confidence in contactless payments continues to grow. This milestone has been reached in less than a year since contactless payment limits were increased in 29 countries across Europe in response to […]
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Companies

Visa Expands Global Money Movement Capabilities Beyond the Card With Visa Direct Payouts

“Visa (NYSE:V) today announced the expansion of Visa Direct, a real-time1 push payments platform, with the introduction of Visa Direct Payouts . The new solution allows Visa’s clients and partners around the world to use a single point of connection to push payments to eligible cards for domestic payouts, and eligible cards and/or accounts for cross-border […]
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Companies

Kaleyra Announces Agreement With Visa to Enhance Digital Payments in Latin America and the Caribbean

“Kaleyra, Inc. (NYSE:KLR), a rapidly growing Communications Platform as a Service (CPaaS), today announced a new agreement with Visa in the Latin America and the Caribbean region. As part of the agreement, k-lab , the innovation lab of Kaleyra, will be creating communication solutions for Visa partners, solving digital communication issues that exist across the […]
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Companies

Visa’s Mission to Digitally Enable Small Businesses Gains Momentum Across Europe

“Visa (NYSE: V) today announced more than 100 partners across Europe have joined the Where You Shop Matters initiative to help small business owners build digital capabilities and continue serving their communities. More than two million small firms across Europe have received support since the launch of the program in summer 2020. The announcement marks a major […]