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Visa Canada’s Installment Option Builds BNPL Into Every Consumer Credit Card
June 25, 2021

“Consumers want flexibility in terms of how they want to pay,” Visa Canada Vice President and Head of Product and Digital Brian Weiner told Karen Webster. “They don’t want to take on more debt, and they want to have flexibility in how they manage their...

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Visa Installment Options To Roll Out In Canada With Scotiabank, CIBC
June 24, 2021

Visa Canada plans to help two Canadian banks provide installment payment options to card holders. Scotiabank is the first Canadian issuer to announce that it will harness Visa’s Installments functionality to provide greater choice to credit card customers in terms on how they pay for...

VISA
Visa Fintech Partner Connect Program Expands To US, LAC, CEMEA And Asia Pacific
May 26, 2021

Visa Fintech Partner Connect, which was first rolled out in Europe last November, is now available for clients in the United States and markets throughout Latin America and the Caribbean, Asia Pacific, Central Europe, the Middle East and Africa, according to a Wednesday (May 26)...

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Visa Teams With Airbnb To Facilitate Faster Host Payments
April 28, 2021

 Visa and Airbnb are teaming up to help hosts improve their cash flow with the ability to get paid and move funds into their bank account faster.  Airbnb’s use of Visa’s real-time push payments platform — Visa Direct — enables hosts to easily move money...

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Visa Halts All Political Donations For Now After Capitol Attack
January 12, 2021

Visa has suspended all political donations for the time being, Reuters reported on Tuesday (Jan. 12). The payments giant said it had suspended the donations as it reviewed its candidate contribution guidelines. “Visa does not tolerate the use of our network and products for illegal activity. We...

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Stimulus Check Visa Debit Cards Being Mailed To 8 Million Households
January 08, 2021

Roughly 8 million stimulus check Visa debit cards are being mailed to households this week, the U.S. Treasury Department said in a press release on Thursday (Jan. 7). The Economic Impact Payment (EIP) cards were issued by MetaBank, N.A. as part of the second round...

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Visa Reinstates Card Use On Some MindGeek Sites, Pornhub Still Banned
December 23, 2020

Visa will continue its ban on payments processing for Pornhub, but will allow the use of its cards for some of parent company MindGeek‘s other properties, Reuters reported. “Following a thorough review, Visa will reinstate acceptance privileges for MindGeek sites that offer professionally produced adult...

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P97 Networks Teams With Visa’s Cybersource To Fuel Digital-First Payments Adoption
December 02, 2020

P97 Networks and Cybersource, Visa’s international payment and fraud management platform, have unveiled a new multi-year international partnership to provide mobile payment acceptance tools that come with integrated risk management for fuel and convenience merchants, according to a Wednesday (Dec. 2) announcement emailed to PYMNTS....

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Visa: Online Spend Up 27 Pct In November, Instore, Credit Spend Cools
December 01, 2020

Visa saw more growth in payments in November, including a 27 percent spike in online payments, a filing from the U.S. Securities and Exchange Commission (SEC) stated. In addition, debit use continued its upward trajectory with a 19 percent increase in November, in spite of...