Friday , March 29, 2024

Search Results for: visa

Visa Revenue up 9% And Other Digital Transactions News briefs from 1/26/24

Visa Inc. reported $8.6 billion in net revenue for its December quarter, up 9% year-over-year, on $3.9 billion in credit and debit card volume, up 7.8%. Apple Inc. announced changes to iOS, Safari, and its App Store to meet European Union rules, including new options on its App Store to use payment …

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Visa Closes Pismo Deal And Other Digital Transactions News briefs from 1/17/24

Visa Inc. said it has closed on its acquisition of Pismo, a card-issuing and banking platform operating in Latin America, Asia-Pacific, and Europe. The announcement follows Visa’s agreement in June to acquire Pismo for $1 billion in cash. Payments-technology company Brightwell said it will implement Visa Direct to enable payouts to eligible bank accounts and …

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Visa’s Web3 Loyalty Play And Other Digital Transactions News briefs from 1/4/24

Visa Inc. launched its Web3 Loyalty Engagement Solution, a platform that enables rewards for consumers who interact with businesses on digital platforms. Vetster, a telehealth provider for veterinary care, announced it is expanding its services in California to include online diagnosis and prescriptions, with online payments. Reacting to heightened check fraud, …

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Visa Enhances Merchant Security in the Era of Digital Fraud

As the digital economy continues to grow, people are relying on virtual transactions more than ever. But with the expansion of digital money movement comes new opportunities for fraudsters to exploit merchants and their customers. In today’s economy, fraudulent activity can happen anywhere, to just about anyone. Digital cybercriminals are …

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A Fee Arrangement Lies at the Heart of a Lawsuit Against Apple, Mastercard, and Visa

An Illinois merchant has filed suit against Apple Inc., Mastercard Inc., and Visa Inc., alleging their efforts to develop Apple Pay prevented competition. Filed last week by Mirage Wine + Spirits in the U.S. District Court for the Southern District of Illinois, the suit specifically claims the agreements among the …

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Visa’s Fast Track Expands And Other Digital Transactions News briefs from 12/18/23

Visa Inc. said it is expanding its Fintech Fast Track program, originally focused on card issuing, to include Visa Direct, the card network’s real-time payments platform. Visa has signed 42 new clients in the past year for Fintech Fast Track, which offers various Visa payment technologies to non-bank payments providers. In …

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Digital Transactions