Natural disasters are horrifically destructive events. Out of the total economic losses attributed to the destruction caused by Hurricanes Irma and Harvey, which could range from $150 to $200 billion, experts estimate that the insurance-related losses could run as high as $20 to $40 billion. Only Hurricane Katrina,...
Venmo is testing out a free debit card for select users that is linked to their accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
When Visa announced its Cashless Challenge a few weeks ago, it obviously hoped to make some news. After all, directly incentivizing 50 food-focused small- and medium-sized businesses (SMBs) to opt out of accepting cash entirely — with $10,000 to help pay for technology upgrades —...
Visa, a global payments technology company serving more than 200 countries and territories, has announced two new appointments to its India and South Asia teams. The appointments are part of Visa’s ongoing efforts to fortify its leadership in the region. Get the Full Story Complete...
“Our mission is to be the best way to pay for everyone anywhere,” Visa’s Executive Vice President of Technology Rajat Taneja, told Karen Webster in an interview about Visa’s opening of two state-of-the-art data centers in Singapore and the United Kingdom. Get the Full Story...
Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue growth going forward. Internationally, Europe stood out — even the U.K., post Brexit — and China looms as a market devoutly to be...
Visa wants SMBs nationwide to go cashless. It also thinks better education about the benefits of doing so is the key to making it happen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Visa just took an equity stake in Klarna, strategic intent as a motivator. Here’s what lies behind the nascent partnership, looking toward Europe, digital payments and even the Internet of Things, as Bill Gajda, Visa’s SVP of Innovation and Strategic Investments, tells Karen Webster.
Visa, the credit card company, and Interswitch, Africa’s integrated payments and transaction solutions company, announced news on Friday (June 30) that they will partner to accelerate mobile payments adoption across the region. Get the Full Story Complete the form to unlock this article and enjoy...
