Visa is seeing continued momentum in Tap to Pay and digital credential issuance, as consumers continue to spend on their debit and credit cards. CEO Ryan McInerney said on the call that overall payments volume in the second fiscal quarter was up 8% year over year...
Half of Brazilian consumers are adopting Click-and-Mortar™ shopping strategies, and the country trails only Saudi Arabia in the Click-and-Mortar™ transformation. The approach blends online and in-store shopping experiences through digital features and has rapidly gained traction worldwide. Brazil’s merchants have the opportunity to emerge as...
Visa launched a new Subscription Manager service that financial institutions can provide to Visa cardholders. The new service provides a single place where consumers can see where their card details are stored, view recurring payments attributed to their card and stop recurring payments, the company said...
Accessing working capital enables companies to avoid operational disturbances in the short term and power growth for the long term. In the Asia-Pacific (APAC) region, 66% of Growth Corporates accessed working capital solutions in the last year. This share is the second lowest rate of...
Consumers increasingly want digital innovation no matter where they shop. Industry giants typically hold an edge in providing more digital shopping features because of their size and scale. However, savvy small to mid-sized businesses (SMBs) have found ways to punch above their weight despite their...
As real-time and account-to-account transactions rise and payments fraud continues to rise with them, Visa is putting artificial intelligence (AI) to work. The company announced Wednesday (March 27) that it will use AI in a trio of new applications within its fraud and risk management...
Visa said its token service has been a boon for the Asia-Pacific region’s digital economy. The region saw an “uplift” of more than $2 billion last year due to Visa token service (VTS) adoption, the company announced in a Tuesday (March 26) press release. “VTS replaces the 16-digit...
Integrating online features and in-store shopping is reshaping the shopping experience in the U.K. However, more than one-quarter of U.K. merchants don’t offer the digital shopping features customers want. Even worse, one-third of these consumers faced challenges when looking for the features they most desired...
A strategic, forward-thinking approach to working capital helps separate top-performing middle-market firms from their peers, according to Visa. The latest release of the “2023-2024 Growth Corporates Working Capital Index,” noted that middle-market firms with revenues between $50 million to $1 billion annually perform most efficiently...
