News Articles

Visa and Airbnb Partner To Get Hosts Paid Faster With Visa Direct SAN FRANCISCO -Thursday 29 April 2021  

(BUSINESS WIRE)-- Visa (NYSE:V), the world’s leader in digital payments, and Airbnb (NASDAQ: ABNB), a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets will be able to access their earnings more quickly. Through Airbnb’s use of Visa...

Visa Deepens Global Commitment to Environmental Sustainability with Pledge to Reach Net-zero Emissions by 2040 -Thursday 22 April 2021

(BUSINESS WIRE)-- Visa (NYSE: V), a leading global payments technology company, announced today a new global commitment to reach net-zero emissions by 2040, and that the company achieved carbon neutrality across its operations in 2020.i Visa also outlined plans to become a climate positive...

Visa Expands Global Money Movement Capabilities Beyond the Card with Visa Direct Payouts -Wednesday 31 March 2021  

(BUSINESS WIRE)-- Visa (NYSE:V) today announced the expansion of Visa Direct, a real-time1 push payments platform, with the introduction of Visa Direct Payouts. The new solution allows Visa’s clients and partners around the world to use a single point of connection to push payments to eligible...

Visa Becomes First Major Payments Network to Settle Transactions in USD Coin (USDC) -Tuesday 30 March 2021  

(BUSINESS WIRE)-- Visa (NYSE: V) today announced a major industry first in bridging the worlds of digital and traditional fiat currencies: the use of USD Coin (USDC), a stablecoin backed by the US dollar, to settle a transaction with Visa over Ethereum—one of the most actively used open-source...

Visa Introduces AI-Powered Innovations for Smarter Payments -Wednesday 3 February 2021

(BUSINESS WIRE) -- Visa Inc. (NYSE: V) today announced VisaNet +AI, a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers—including delays and confusion with managing account balances and the unpredictability of daily settlement...

TransferWise and Visa Announce Global Partnership Following Successful Collaboration on Cloud Technology -Wednesday 27 January 2021  

(BUSINESS WIRE)-- Visa (NYSE: V) and TransferWise today announced a global partnership and the first use of Visa Cloud Connect, a new way for fintechs and partners to securely connect Visa’s global processing network, VisaNet, through the cloud. Visa Cloud Connect underpins a new global...

New Year, New Habits: Contactless Payments Are Here to Stay, With Only 16% of Consumers Planning to Revert to... -Wednesday 13 January 2021

(BUSINESS WIRE) -- As the one-year mark of the Covid-19 pandemic approaches and digital payments play a larger role in daily life around the world, there will be no reverse gear on consumer behavior as we head into 2021. In the third edition of its global research study, the “Visa Back to...

Visa Launches Research Center Committed to Promoting and Advancing Global Economic Equity and Inclusivity -Friday 20 November 2020

(BUSINESS WIRE)-- Visa Inc. (NYSE: V) today announced the launch of the Visa Economic Empowerment Institute (VEEI), a center of excellence for research and public-private dialogue on payments policy, committed to promoting and advancing equitable economic empowerment of individuals, businesses...

Visa Expands Fast Track Program to Enable Next Generation of Fintechs to Rebuild the Global Economy -Thursday 19 November 2020      

(BUSINESS WIRE)-- The COVID-19 pandemic has created major financial challenges for businesses and consumers alike. As money management becomes increasingly digital, fintechs play a pivotal role in helping to restore and rebuild the global economy. To provide increased support for the ecosystem,...

Visa Helps Prepare Small Businesses for the Holiday Buying Season as National Small Business Week Begins -Monday 21 September 2020  

(BUSINESS WIRE)-- As the Small Business Administration’s (SBA) National Small Business Week begins in the U.S. and businesses worldwide prepare for an unprecedented holiday season, Visa (NYSE: V) is introducing new programs and resources essential to small and micro business (SMB) recovery...

Visa Harnesses Real-Time Deep Learning to Enhance Transaction Processing -Wednesday 26 August 2020

(BUSINESS WIRE)-- Visa Inc. (NYSE: V) today announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorizations when service disruptions occur. Using deep learning to analyze...

Visa Expands Commitment to Sustainability Through Inaugural $500 Million Green Bond Issuance and Appointment of Chief... -Tuesday 11 August 2020

(BUSINESS WIRE) -- Visa (NYSE: V), a leading global payments technology company, today announced that yesterday it successfully priced its inaugural green bond offering, totaling $500 million, paying a semi-annual coupon of 0.75% and maturing August 15, 2027. The green bond, believed to be the...

Global Visa Study Finds 67% of Small Businesses and 78% of Consumers Have Adopted New Behaviors to Adjust to COVID-19 -Tuesday 4 August 2020  

(BUSINESS WIRE)-- As small and micro businesses (SMBs) worldwide continue to endure the financial impact of COVID-19, one thing is clear: rethinking the checkout or point-of-sale (POS) experience is essential for survival on Main Street. Visa (NYSE: V) today released the Visa Back to Business...

American Express, Discover, Mastercard and Visa to Power Global Expansion of Simple, Consistent Digital Checkout... -Wednesday 8 July 2020  

(BUSINESS WIRE)-- E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-free purchases across various merchants and platforms. Now, it’s more important than ever that the online checkout experience is seamless and consistent across all...

Visa Token Service Issues Its 1 Billionth Token -Tuesday 23 June 2020

(BUSINESS WIRE)-- Visa Inc. (NYSE:V) today announced that the company has now issued more than 1 billion tokens worldwide through Visa Token Service (VTS), marking a major milestone in its proprietary offering to help accelerate eCommerce innovation and make payments more secure. Visa Token...

Visa to Digitally Enable 50 Million Small Businesses to Power Recovery in Communities Worldwide -Monday 22 June 2020

(BUSINESS WIRE)-- Visa (NYSE: V) today announced a global commitment to elevate 50 million small and micro businesses (SMBs) worldwide in an effort to get local communities back to business in the wake of the COVID-19 pandemic. Visa is introducing a range of locally designed programs and...

Visa and CPI Card Group® Unveil an Industry-Leading Card Globally -Wednesday 17 June 2020

(BUSINESS WIRE) -- Today, Visa (NYSE: V) and CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a leading provider of credit, debit and prepaid solutions introduced the Earthwise™ High Content Card, which is made with up to 98 percent upcycled plastic, dependent...

Visa Token Service to Add 28 New Partners to Strengthen Digital Payment Security Globally -Friday 15 May 2020

(BUSINESS WIRE)-- Visa Inc. (NYSE:V) today announced that 28 new partners will be joining Visa Token Service as credential-on-file (COF) token requestors. These new partners will help make digital transactions more secure by tokenizing both one-time and recurring payments made with Visa...

Visa’s Fast Track Program Propels Growth of the Fintech Industry Worldwide -Saturday 9 May 2020    

(BUSINESS WIRE) -- Fintechs are a central part of the global payments ecosystem, and amidst COVID-19 have launched further into the spotlight, reporting sizable upticks in the usage of their apps1, as more people manage their money from their personal devices. Visa (NYSE: V), today, is proud to...

Visa Foundation Commits $210 Million to Support Small and Micro Businesses and Immediate COVID-19 Emergency Relief -Wednesday 8 April 2020

(BUSINESS WIRE)-- The Visa Foundation today announced a commitment of two programs totaling $210 million to support small and micro businesses, aligning with the Foundation’s long-term focus on women’s economic advancement and inclusive economic development, and to address an urgent need...