Some of the seven new product and feature announcements Visa announced at its May 15 user conference are starting to gain traction. Case in point: Flexible Credentials and installments. When it was first announced, Mark Nelsen, senior vice president and global head of consumer payments...
Visa has launched a new service that delivers a digital card replacement via text or email to cardholders anywhere in the world. When cardholders receive their new card, which Visa sends on behalf of card issuers, they can authenticate it and add it to their...
Visa has relaunched its SavingsEdge program, aimed at helping small businesses. “For more than a decade, Visa SavingsEdge has provided eligible small business cardholders with the savings, tools and resources to help them grow,” the company said in a news release Thursday (June 13). “The...
Mastercard said Tuesday (June 11) that it aims to make the experience of using a card online more like that of using one in store. The company is working to phase out manual card entry for eCommerce by 2030 in Europe, replacing it with a...
Mastercard will add new open banking-powered solutions that make it easier for consumers to automatically switch their direct deposits and update their recurring bill payments. These capabilities will result from the integration of Deposit Switch and Bill Pay Switch with Mastercard’s Open Banking platform and...
The modern consumer more and more demands convenience and seamlessness across their daily lives. This simple, singular fact has served as a benchmark for much of the innovation defining the payments and commerce landscape of the past few decades. And with the news Tuesday (June...
The very nature of commerce itself is changing. We’re no longer doing everything online, and the post-pandemic economy demands that a broad — and growing — range of payments options be on offer, no matter where consumers are shopping. The payments modalities and data analytics...
Visa has launched an artificial intelligence (AI)-powered real-time fraud detection service in the United Kingdom, aiming to prevent account-to-account (A2A) fraud. The company is making this “Visa Protect for A2A Payments” service available to all banks in the U.K. after a pilot program in which...
Across Mexico, more consumers are turning to digital shopping features that offer savings and improve convenience while shopping in the store. Consumers enjoy walking into brick-and-mortar locations, but they also want the ease of using digital shopping features. Enter Click-and-Mortar™ shopping. PYMNTS Intelligence finds that...