Visa

1502 results about this entity

Period: 26 Feb 2008 - 13 Aug 2024

ANZ to launch pre-paid Visa payWave card

ANZ Bank will use the upcoming Tri Nations rugby union match between Australia and New Zealand to launch a reloadable pre-paid contactless Visa card.

Merchants win collective bargaining powers over US interchange fees

The US House Judiciary Committee has voted 19-16 in favour of a bitterly contested bill that will allow US merchants to engage in collective bargaining over the interchange fees charged on credit card payments.

ICBC launches China's first dual-interface Visa EMV card

The Industrial and Commercial Bank of China (ICBC) has begun issuing customers with the country's first dual interface Visa cards for contact-based and contactless payments.

Visa Europe migrates to new BT network

Visa Europe is migrating its transaction network onto BT's IP-based 21CN Global Network under a five year managed services deal.

Visa upgrades payWave contactless spec to EMV standard

Card network Visa is migrating its payWave contactless payments platform to a global specification that is based on the international EMV standard.

Soaring customer satisfaction for French m-payments scheme

A consortium of French banks, telcos and technology vendors that launched a wide-scale contactless mobile payments trial last year is reporting customer satisfaction rates of above 90% for the scheme.

E-commerce booming in Latin America and Caribbean - Visa

Online retail spending by consumers in Latin America and the Caribbean soared 40% in 2007 to hit US$10.9 billion, according to a study commissioned by Visa.

MasterCard pays $1.8bn to settle American Express suit

MasterCard has agreed to pay rival card operator American Express up to $1.8 billion to settle a lawsuit filed in 2004 that accused it of blocking access to the bank-issued card market in the US.

Visa taps Facebook users

Card network Visa has launched a social networking application for small business owners on Facebook and is paying $2 million to advertise the service on the site.

Discover seeks $6bn from MasterCard and Visa in antitrust case

Discover Financial Services is seeking $6 billion in damages in a long running anti-trust lawsuit that accuses credit card rivals MasterCard and Visa of blocking its access to the bank-issued card market in the US.

New Senate bill launched to rein in interchange fees

MasterCard and Visa have come under more pressure over interchange fees after US senator Dick Durbin introduced a bill that would give retailers and merchants the power to negotiate to reduce charges for card transactions.

US interchange battle heats up

As the interchange debate heats up in the US, banks and credit card networks have seized upon a report by the Government Accountability Office (GAO) that claims a reduction in interchange fees would not necessarily benefit customers.