pymnts Profile:
Visa Inc. (NYSE: V)
Visa Inc. (/ˈviːzə/ or /ˈviːsə/) (also known as Visa, stylized as VISA) is an American multinational financial services corporation headquartered in Foster City, California, United States.
Consumers Dissatisfied by Small Merchants’ Digital Presences
April 25, 2024As consumers have grown to expect seamless digital convenience, many are finding that smaller merchants fall short of their expectations, PYMNTS Intelligence reveals. By the Numbers The “2024 Global Digital Shopping Index: ...Read moreEBANX Teams With Brazil’s FastSpring to Expand Pix Usage
April 25, 2024FastSpring and EBANX have teamed to expand the usage of the Pix payment in Brazil. FastSpring, based in Brazil, powers payments for global Software-as-a-Service and software companies. EBANX is a tech company focusing on ...Read moreFinancial Infrastructure Platform QI Tech Achieves Unicorn Status
April 25, 2024Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor General Atlantic and Across Capital, QI ...Read moreBest Buy Forms Retail Media Partnership With CNET
April 25, 2024Best Buy has launched a retail media partnership with consumer technology publication CNET. The collaboration is designed to help brands reach larger audiences of “high intent” shoppers at a time when many consumers are ...Read moreThis Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
April 25, 2024Innovation is a key factor in any company’s ability to succeed in the long run. And so are the ways in which they pay and get paid. That’s why, within the ...Read moreFirst-Quarter GDP Slows as Consumers Trim Spending
April 25, 2024And now it seems the slowdown is here. Markets slumped by more than 1% Thursday morning (April 25) on the latest reading on gross domestic product (GDP) growth, courtesy of the ...Read moreShoppers Demand More Experiential Brick-and-Mortar Stores
April 25, 2024With eCommerce often proving the most convenient option for the practical elements of shopping, consumers are demanding brick-and-mortar retailers provide them with an experience they cannot get online. Foot Locker on ...Read moreVisa Teams With AWS to Streamline Cross-Border Payments
April 25, 2024Visa says it has joined the Amazon Web Services (AWS) Partner Network (APN). “Visa’s presence in the APN will help enable its partners and clients, including cloud-native fintechs, to access and integrate select Visa ...Read moreThredd CEO: Compliance Will Define Future of Payments
April 25, 2024Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than ever before — particularly given the ...Read moreDigital Vehicle Wallets Shift Connected Car Payments Into Overdrive
April 25, 2024The golden rule for payments is to put yourself in the end users’ place. That’s because in payments, as in life and business, innovation is the key to unlocking new realms ...Read more
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
April 25, 2024Innovation is a key factor in any company’s ability to succeed in the long run. And so are the ways in which they pay and get paid. That’s why, within the ...Read moreDigital Vehicle Wallets Shift Connected Car Payments Into Overdrive
April 25, 2024The golden rule for payments is to put yourself in the end users’ place. That’s because in payments, as in life and business, innovation is the key to unlocking new realms ...Read moreVisa CEO: ‘Long Runway’ Ahead as Digital Payments, Credentials Displace Cash and Checks
April 23, 2024Visa 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 ...Read moreIssuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
April 23, 2024As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints at Visa, Fiserv and PayPal. ...Read moreMore Payments Friction Coming for Customers
April 18, 2024The recent credit card surcharge agreement brings into focus the impact regulations could have on businesses. Spreedly Vice President of Product Joe Meuse explains what the changes could mean for ...Read moreSolving the Buy-Build-Partner Equation For Cross-Border Payments
April 15, 2024It’s a big world, but ongoing cross-border payments advances are helping make it smaller. That’s because, with the recent news that HighRadius has launched a B2B payments platform designed to improve payment processes across more ...Read moreSingapore’s Tranglo Expands Cross-Border Payments Network
April 8, 2024Tranglo has expanded its cross-border payment network to allow transfers to more than 30 digital wallets. The Singapore-based FinTech announced the expansion Monday (April 8), noting that its direct-to-wallet transfers eliminate the need for intermediaries ...Read moreMessaging Platform Telegram Pivots to Crypto Payments for Ads
April 3, 2024Throughout nearly their entire history, cryptocurrencies have represented the archetypal innovation in search of a problem. And while they’ve succeeded as an unregulated store of value, as well as a tool for scammers, ...Read moreVisa Adds Subscription Manager to Digital Enablement Suite for Issuers
April 3, 2024Visa 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, ...Read moreBloxcross, GoDirectPay Partner on Cross-Border Payments App
March 28, 2024Bloxcross and GoDirectPay have partnered to launch a mobile app for global payments. The new app enables payments in any currency from institutions to vendors and from individuals to friends, the companies said ...Read more
CFPB Head Wary of Big Credit Card Mergers
April 24, 2024America’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expressed these worries in a Wednesday (April 24) interview with the Financial Times (FT), ...Read moreVisa CEO: ‘Long Runway’ Ahead as Digital Payments, Credentials Displace Cash and Checks
April 23, 2024Visa 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 ...Read moreAirwallex Debuts Borderless Visa Card for Canadian Businesses
April 10, 2024Airwallex has launched the Borderless Visa Card for businesses in Canada. The virtual card, announced Wednesday (April 10), is issued by Peoples Trust Company and lets Canadian businesses make payments anywhere Visa is accepted. “Operating across ...Read moreCard Delinquencies, Pressure on Account Openings Signal Rocky Road for Banks, Payment Networks
April 1, 2024Earnings season begins anew in just a few weeks, documenting the first few months of the year — and how the March quarter shaped up for all manner of enterprises. And ...Read moreMastercard, Visa Settlement Could Impact Rewards Small Businesses Value
March 29, 2024This week, Mastercard and Visa reached a multi-billion dollar settlement that may bring an end to 20-year legal battle between the two financial giants and merchants. Merchants have long complained that the ...Read moreVisa Extends Risk Management Solutions to Non-Visa Transactions
March 27, 2024As 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 ...Read moreCard Networks’ $30 Billion Interchange Settlement Kicks Open Merchant Surcharge Door
March 26, 2024The simple math on the swipe fee agreement reached by Visa and Mastercard announced Tuesday (March 26) indicates that consumers may not feel much impact at all, at the register, ...Read moreMastercard, Visa Reach Settlement With Merchants in Swipe Fee Lawsuit
March 26, 2024Mastercard and Visa have reached a class action settlement with U.S. merchants, in a deal that aims to end 20 years of antitrust litigation around swipe fees and restrictions placed ...Read moreChime Extends Fee-Free Overdraft Feature to Credit Builder Card
March 25, 2024Chime’s fee-free overdraft feature, SpotMe, is now available when members use the Chime Secured Credit Builder Visa Credit Card, in addition to debit card purchases and cash withdrawals. With this overdraft line of ...Read moreCapital One to Regulators: Discover Deal Will Increase Competition
March 21, 2024Capital One says its planned $35.3 billion purchase of Discover will boost competition. That’s according to a report Thursday (March 21) by Reuters, citing information shared by a source who had seen the bank’s regulatory ...Read more
Bloxcross, GoDirectPay Partner on Cross-Border Payments App
March 28, 2024Bloxcross and GoDirectPay have partnered to launch a mobile app for global payments. The new app enables payments in any currency from institutions to vendors and from individuals to friends, the companies said ...Read moreUS Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods
December 6, 2023Wei Jiang, co-founder, president and COO at Citcon, told PYMNTS in a recent interview that the travel rebound is a long-standing trend — and one that benefits merchants savvy enough to ...Read moreHong Kong and Thailand Unveil Cross-Border QR Code Payment System
December 4, 2023Hong Kong and Thailand are bridging the gap between their economies. The two countries launched a new cross-border QR code payment system, known as the FPS x PromptPay Link, according to ...Read moreChinese Borrowers Barred From Mobile Payments Amid Record Defaults
December 3, 2023Millions of Chinese consumers have been barred from mobile payment apps amid record defaults. More than 8.5 million people, mostly between 18 and 59, have found themselves blacklisted due to missing payments ...Read moreVisa: Americans Keep Traveling Despite Rising Costs
November 28, 2023Rising costs haven’t stamped out the travel bug for Americans, a new Visa survey shows. The new edition of the Visa Global Travel Intentions Study, released Tuesday (Nov. 28), shows that while consumers ...Read moreZebra Debuts Multi-Industry Mobile Payment Tool
September 19, 2023Zebra Technologies has debuted a mobile payment solution for several different industries. The tool is designed for the retail, hospitality, entertainment, field mobility and logistics sectors. It runs on standard Google ...Read moreJump in Contactless Payments Opens Door for Digital Wallets
August 30, 2023John (JP) Park, senior product manager of go to market strategy at Bank of America Merchant Services, told PYMNTS in an interview that the rise of contactless payments has been years ...Read moreAlipay Debuts ‘International’ Version of Mobile Payment App
August 17, 2023Chinese payments platform Alipay has debuted an “International Version” of its app for overseas travelers to China. The new version, announced Thursday (Aug. 17), is designed to fulfill international travelers’ mobile ...Read moreAlipay and WeChat Pay Add Links to Visa and Mastercard
July 21, 2023Visitors to China can now link their Visa and Mastercard accounts to the country’s most popular mobile payment applications, Alipay and WeChat Pay. Ant Group, the operator of Alipay, said Friday (July 21) that overseas users of the ...Read moreStripe and WhatsApp Enable Payments in Chats in Singapore
May 9, 2023Stripe and WhatsApp have partnered to enable Singapore businesses to accept payments in WhatsApp chats. With Stripe Connect and Stripe Checkout integrated into WhatsApp, Singapore customers and businesses can buy and ...Read more