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 Demand AI-Powered Expertise When Exploring New eCommerce Categories
April 23, 2024When trying unfamiliar products online, consumers demand a high degree of expert, personalized guidance — the kind that they are used to getting in stores — and artificial intelligence (AI) ...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 moreAlbertsons: Digital Rewards Keep Shoppers Spending
April 22, 2024As ongoing financial challenges have grocery shoppers more cautious about their purchasing, many are seeking out digital rewards. In its fourth quarter and full year fiscal 2023 financial results, Albertsons Companies shared that increases ...Read moreTink Teams With Splitwise to Offer Pay-by-Bank
April 22, 2024Visa-owned payments platform Tink has launched an open banking partnership with expense-sharing app Splitwise. The collaboration, announced Monday (April 22), brings Pay by Bank to Splitwise users, letting them make direct payments ...Read moreBite CEO: Self-Service Kiosks Meet Shopper Demand for Click-and-Mortar™ Retail
April 22, 2024Consumers are demanding eCommerce-like convenience from their in-store journeys, and retailers are rising to the occasion with self-service technologies. In an interview with PYMNTS, Brandon Barton, CEO of self-service kiosk provider Bite, ...Read moreAirlines Say Tech Companies Driving Rebound in Business Travel
April 19, 2024Business travel has reportedly caught up with the booming business that leisure travel has enjoyed over the past three years. Three airlines that have released their first quarter results — Delta, United and Alaska Airlines — ...Read moreSocial Platforms and PayFacs Now Power the Creator Economy
April 19, 2024Whether it’s a viral Instagram post, an informative YouTube video, or a thought-provoking blog article, content creators are playing a pivotal role in shaping online narratives, engaging audiences and driving ...Read moreClick-and-Mortar™ Shopping Expands by 49% In Brazil
April 19, 2024Half 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 ...Read moreGen Z Shoppers Bring Social Commerce Into Malls
April 18, 2024Social media virality is beginning to shape mall stores, as ultra-connected Gen Z shoppers expect their physical lives to more closely resemble their digital ones. For instance, young social media users ...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 more
Issuers 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 moreVisa: Tokens Bring $2 Billion ‘Uplift’ to Asia-Pacific Economy
March 26, 2024Visa 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, ...Read moreFinTech and Bank Partnerships Will Boost Open Banking in the US
March 21, 2024Dave Scola, CEO, U.S. at Form3, said the transformation of banking and financial services is demanding collaboration between traditional banks and digital upstarts. The most notable, and long lasting, changes in consumer ...Read moreThe Apple Pay Threat Facing Banks
March 18, 2024A friend was preparing for a once-in-a-lifetime yoga retreat to a fancy resort in Malaysia. The trip was a long one with stopovers in Qatar and two days in Kuala ...Read more
Airwallex 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 morePreventive Measures Pay Off as Merchants Fight Surging Chargebacks
March 14, 2024Chargebacks have long been a thorny issue for merchants. And as transactions become increasingly digitized, chargebacks have in turn become more prevalent. They not only represent a loss of revenue but ...Read moreVisa, Taulia Team on Embedded Finance as Credit Grows Scarce
March 12, 2024Visa has launched a collaboration with SAP-owned working capital management solutions provider Taulia. The partnership, announced Tuesday (March 12), brings together Visa’s digital payments technology and Taulia Virtual Cards, a solution that integrates with SAP’s ...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