Tag: visa

Visa
August 25, 2022 BY Steffy Bogdanova

As demand for Visa Tokens Services surges, the tokes surpass physical cards in circulation

According to the official announcement, E-commerce volume has increased by over 50% since the beginning of the pandemic. With that growth come customer requirements for safety. The Visa Token Service replaces the 16-digit Visa account numbers with a digital token only Visa can unlock, helping to protect the underlying account information. Forestell added: This milestone…

Read more
Visa
March 11, 2022 BY Steffy Bogdanova

Visa announces finalising acquisition of Tink

Charlotte Hogg, CEO of Visa Europe, commented: Digital tools are driving the new economy, and the combination of Visa and Tink will support greater choice and quality of digital money services as the lines between commerce, financial services and payments continue to converge. Jack Forestell, Chief Product Officer of Visa, added: Openness and innovation are…

Read more
Visa
December 21, 2021 BY Steffy Bogdanova

Visa finalises acquisition of Currencycloud

Visa revealed its plans to buy Currencycloud in July 2021 for £700 million. The deal is based on the foundation of the two form’s existing partnership. Currencycloud’s cloud-based platform supports more than 500 banking and technology clients. Since it was founded in 2012, the company has spread across more than 180 countries.

Read more
Nuvei
December 14, 2021 BY Steffy Bogdanova

Nuvei and Visa team up to release crypto-friendly debit cards

Nuvei’s Chair and CEO, Philip Fayer, commented: The branded Visa debit card is a huge asset to our partners and their users, enabling the immediate and seamless spending of crypto earnings,” he said, “With this program, Visa has played a vital role in expanding the crypto ecosystem by closing the gap between traditional finance and…

Read more
eToro
December 09, 2021 BY Steffy Bogdanova

eToro Money program launched in the UK

Non-Club members will also be able to access an eToro Money sort code and personal account number to so that they can send and receive funds to the eToro platform and any UK bank account. Deposits made through this route do not have a conversion fee to USD, which saves users money when adding funds…

Read more
Visa
October 08, 2021 BY Alan Sayer

Visa expands 'Buy Now, Pay later' feature into Australia

The Visa Installments Solution provides the technology for issuers and acquirers within the Visa network to offer BNPL functionality to their shoppers.  Julian Potter, Visa's Group Country Manager for Australia, New Zealand, and South Pacific, said: There is overwhelming demand in Australia for BNPL financing through consumers' existing, trusted financial institution. We're proud to work…

Read more
Visa
August 18, 2021 BY Steffy Bogdanova

i2c working with Visa to offer BNPL payment solution

Mary Kay Bowman, global head of buyer, seller, core and platform products at Visa, commented: Customers love the flexibility of being able to pay over time with installments, as evidenced by the rapid growth in the space. At Visa, we’re working with partners like i2c to accelerate the distribution of more BNPL payment options for…

Read more
Acquisition
July 23, 2021 BY Steffy Bogdanova

Visa to acquire Currencycloud for $700 million

Cross-border payments have registered significant growth recently, attributed to growing demand from business of all sizes to engage in international trade. Currencycloud will contribute to Visa’s network by widening access to international payment products that help businesses meet their cross-border needs. Mike Laven, Chief Executive Officer, Currencycloud, said: At Currencycloud, we’ve always strived to deliver…

Read more