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NAPERVILLE, Ill., Nov. 9 /PRNewswire-FirstCall/ -- OfficeMax®, (NYSE: OMX) a leading provider of office supplies and services, today announced it has entered into a strategic alliance and partnership with U.S. Bank, lead bank for U.S. Bancorp (NYSE: USB) to issue a new OfficeMax Visa Signature® and Visa® Rewards credit card.
By U.S. Bancorp and Visa Inc.November 9 -
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MIAMI--(BUSINESS WIRE)--Visa Inc. total volume on all Visa-branded products in Latin America and the Caribbean Region (LAC) grew 19 percent over the previous year to US$581 billion1 for the year ending on June 30, 2009. Likewise, the number of payment transactions for the same period surpassed the 5 billion mark, reflecting a constant trend in the migration from cash to electronic payments for day- to-day transactions.
By Visa Inc.November 3 -
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By Visa Inc.November 3 -
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PRISTINA, Kosovo, Oct. 28 /PRNewswire/ -- A unique partnership that brings together major players in Kosovo is opening the door to the financial mainstream for Kosovars. Today, partners IPKO, Raiffeisen Bank, Better Served Kosovo and RevEurope introduced the country's first prepaid cards. For the first time, young, cash-based and mobile Kosovars can enjoy the freedom and security of spending with plastic and the ability to send money domestically, top up their IPKO mobile phone accounts or check balances with a simple text message, no bank account required.
By Visa Inc.October 28 -
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MOSCOW--(BUSINESS WIRE)--Visa Inc. (NYSE: V), a proud and long-standing worldwide sponsor of the Olympic Games, today announced that it will extend its Olympic Games sponsorship for a period of eight years.
By Visa Inc.October 27 -
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SAN FRANCISCO, Oct. 21 /PRNewswire-FirstCall/ -- Visa Inc. (NYSE: V) announced today that John Partridge has been named President of the company. Partridge's transition from his former position as Chief Operating Officer is effective immediately. He will continue to report to Joseph W. Saunders, Chairman and CEO of Visa Inc., and will oversee all client, marketing and product functions globally, enabling Visa to more effectively and efficiently allocate resources among markets to enhance its service to clients and speed Visa's growth.
By Visa Inc.October 21 -
Commercial spending in the Asia Pacific region in 2008 grew by 13.6%, to US$23.4 trillion (15.7 trillion euros) from US$20.6 trillion the previous year, according to Visa Inc.'s annual global Commercial Consumption Expenditure Index released last week. Asia Pacific economies with the highest level of commercial consumption last year were China ($7.2 trillion), Japan ($6.2 trillion), India ($2.7 trillion), South Korea ($2.1 trillion) and Australia ($1.5 trillion), accounting for 84% of the region's total, Visa says. "The increase in 2008 spending in Asia Pacific demonstrates the strength of the region as a whole and that the engine of these economies—business—continues to work hard, despite global financial uncertainties," Bruce Mansfield, regional head of Visa's commercial solutions in Asia Pacific, said in a press release. Mansfield cited such emerging economies as Myanmar, Sri Lanka, Papua New Guinea and Vietnam as markets that experienced the strongest growth rates, which were between 29% and 40%. "The real story about growth rates comes from the small but rapidly developing emerging economies in the region," he said. "These growth rates in commercial spending are clear signs of rapid advancement in Asia's emerging economies."
By Visa Inc.October 19 -
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By Visa Inc. and Daniel WolfeOctober 15