Visa’s U.S. Spending Momentum Index (SMI) for December stands at 108.4, making it the strongest reading for that month since the start of the index, the company announced Thursday (Jan. 13). The SMI also set a record for the highest fourth quarter in history when...
Visa is rolling out a new platform to enable acquirers, point of sale (POS) manufacturers, and Internet of Things (IoT) leaders to move payment processing software from being embedded in devices to universally accessible in the cloud. The newly launched Visa Acceptance Cloud (VAC) is...
Visa is throwing its financial support behind women’s soccer as the first FIFA women’s soccer (football) partner for the Women’s World Cup 2023, an investment that builds on its long-term commitment in Europe and around the world to elevate the sport and promote greater equality....
Chargebacks and disputes may be top of mind for merchants, with Black Friday and, more recently, Cyber Monday in the rearview mirror. To that end, Verifi, a Visa Solution, said in its RDR Expansion webinar in mid-November that its Rapid Dispute Resolution (RDR) decision engines,...
Visa has rolled out a new set of sustainability-focused benefits intended for account issuers to be able to get cardholders more on board with green consumption habits, according to a press release emailed to PYMNTS. Visa Eco Benefits will let Visa issuers add benefits for...
The Department of Justice (DOJ) is looking into Visa’s relationships with large FinTechs, citing antitrust concerns, The Wall Street Journal (WSJ) reported. The investigators are concerned about financial incentives Visa gave to PayPal, Square and Stripe, looking into whether those payments were keeping the companies...
Visa, in partnership with Verifi, is now enabling issuers in select markets to participate in its Rapid Dispute Resolution (RDR) service within Visa Resolve Online (VROL) to promptly resolve pre-disputes and avoid unnecessary chargebacks. RDR allows sellers to accept financial liability at the pre-dispute stage...
Visa is partnering with artist Micah Johnson, the former second baseman and outfielder for the White Sox, Dodgers, Braves and Rays, in building a program to support artists in the creation of non-fungible tokens (NFTs), according to an announcement on Visa’s website. Through the collaborative...
Visa is expanding its presence in Atlanta amid a burgeoning FinTech landscape that’s been referred to as the Silicon Valley of the South. “As Visa continues to grow, it is critical we have a strong local presence in areas where we do meaningful business,” Kim...
