Visa

Visa Payment

Visa launches crypto advisory service for financial institutions, merchants

Visa, the world’s largest payment processor, launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gai...

Klarna

Klarna launches ‘Pay Now’ service in US

Klarna has said it has launched its “Pay Now” service in the US to allow customers to pay immediately and in full at any online retailer where the Swedish financial tec...

Visa

Visa’s Amazon spat shows power is shifting to retailers in fee battle

Amazon.com Inc’s latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card provid...

Visa Payment

Visa’s chief financial officer expects to resolve fee row with Amazon

Visa expects to resolve its credit card fee dispute with Amazon.com in the UK and hopes to continue its co-branded credit card partnership with the e-commerce giant in the US, its ...

Amazon

Amazon bans Visa cards in UK, stepping up battle with payments giant

Amazon.com Inc will stop accepting Visa credit cards issued in the United Kingdom from next year because of high transaction fees, the e-commerce giant has said, escalating its fig...

Platform News: European Union flags

Europe’s planned rival to Visa and Mastercard appeals for public funding

A planned pan-European payments network backed by 22 banks to compete with US duo Mastercard and Visa has appealed for public money, saying its private backers were not prepared to...

Visa Payment

Visa says spending on crypto-linked cards topped $1 billion in first half this year

Visa Inc has said its customers spent more than $1 billion on its crypto-linked cards in the first half of this year, as the payments processor takes steps to make crypto transacti...

Platform News: Visa and Tink

Visa to buy Swedish FinTech Tink for $2.2 billion

Visa Inc said it had agreed a 1.8 billion euro (approximately $2.2 billion) takeover of European open banking platform Tink, months after it ditched a planned acquisition of the st...

Platform News: PayPal

PayPal profit tops estimates on digital payments boom

PayPal Holdings Inc has reported its strongest first quarter on record and beat profit estimates, with a coronavirus-driven shift to online shopping and digital transactions boosti...

Platform News: Opening the WhatsApp app on a smartphone

Facebook messaging service gets delayed Brazil nod for payments

Brazil’s central bank has cleared the way for Facebook-owned WhatsApp to let its users send each other funds using the Visa and Mastercard card networks, months after vetoing...

Visa Payment

Visa moves to allow payment settlements using cryptocurrency

Visa has said it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the...

UK

Brexit Britain to offer fast-track visas to bolster FinTechs

The UK government has said it would offer a fast-track visa scheme for jobs at high-growth companies after a government-backed review warned that financial technology firms will st...

Belarus

With warm words and fast visas, neighbours woo IT workers in Belarus

After Max Korolevsky stated he was detained and then beaten by security forces during protests in Belarus, he asked the IT company he works for to transfer him to neighbouring Ukra...

Wirecard

German prosecutors open Wirecard money laundering probe

German state prosecutors are investigating individuals at Wirecard for suspected money laundering, adding to probes into alleged fraud, balance falsification and market manipulatio...

Platform News: Opening the WhatsApp app on a smartphone

Brazil central bank says WhatsApp payments service faces further review

Brazil’s central bank president has said that Facebook’s messaging service WhatsApp would be allowed to launch its new payments service in the country, but called for p...

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