Payments News

On The Web

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Companies

Visa Eyes More Contactless Cards And More Volume From Visa Direct

“Visa on Wednesday reported a respectable first quarter of fiscal 2019, according to its chief executive, despite the beginning of the U.S. federal-government shutdown, Brexit worries in Europe, and weakening cross-border payment growth. Worldwide payment volume totaled $2.2 trillion, up 10.7% year-over-year on a constant-currency basis. In the U.S., quarterly payment volume grew 10.6% to $980 billion […]
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Companies

Visa Invests in India-based B2B Payments Platform PayMate’s $25M Round

“PayMate, a Mumbai-based startup that helps businesses automate and digitize their payments, is raising $25 million in a new round, its founder said, as it looks to expand its presence within India and in international markets. In an interview with TechCrunch, Ajay Adiseshann, founder and CEO of PayMate, said the startup has already raised a substantial […]

On The Wires

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Companies

Visa Readies B2B Connect for Market

“Visa Inc. (NYSE:V) today announced new product details surrounding digital identity in preparation for a first quarter 2019 launch of Visa B2B Connect. This one-of-a-kind distributed ledger-based platform is designed to give financial institutions a simple, fast and secure way to process cross border business-to-business payments globally.”
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Companies

Visa Makes Strategic Investment in Conductor to Accelerate Adoption of Digital Payments in Brazil

“Visa (NYSE: V) today announced a strategic minority investment in Conductor, a leading digital payments processing technology platform in Brazil, to help accelerate innovation in payments and enable Conductor’s product expansion. The investment reinforces the existing partnership between Visa and Conductor, as well as the companies’ shared vision for driving adoption of digital payments across […]
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Companies

Visa Brings a Simpler, Safer Experience to Digital Payments

“The draft EMV SRC Specification provides a foundation for digital transactions that gives consumers, merchants and issuers a single digital point-of-sale, resulting in a consistent, convenient and secure way to pay. EMVCo has spent the last year gathering feedback from across the payment ecosystem on the specification. Visa now encourages merchants, issuers, acquirer gateways and […]
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Companies

Visa Strengthens Commitment to Growing Digital Payments in India

“Visa (NYSE: V) today announced a minority investment in BillDesk, a leading platform for online payments and bill payments in India. Visa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses and also expand its footprint into other geographies.”
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Companies

Visa Sets Sights on a “Cashless Japan” With One Year to Go to the Olympic Games Tokyo 2020

“With one year to go until the Olympic Games Tokyo 2020, Visa, the Worldwide Payment Technology Partner of the Olympic Games, is preparing innovative payment experiences for athletes, visitors and citizens in support of the government’s “Cashless Japan” imperative to double the total of payments made digitally to 40 percent by 2025. With the Olympic Games Tokyo […]
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Companies

Visa to Acquire Verifi

“Visa today announced it has signed a definitive agreement to acquire Verifi, a leader in technology solutions that reduce chargebacks. The combination of Verifi’s best-in-class dispute resolution tools with Visa’s suite of risk and fraud management solutions will give buyers and sellers intelligent, data-driven tools that foster collaboration, build trust, and improve the overall customer […]
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Companies

Visa’s Fintech Fast Track Program Goes Global With Launch in U.S.

“Visa today announced the expansion of its popular Fast Track program to the United States in conjunction with a large and growing network of partners.  Fast Track aims to speed up the process of integrating with Visa, to allow nimble start-ups the ability to more easily leverage the reach, capabilities, and security VisaNet, the company’s […]