Visa

Contactless payments have simplified the checkout experience around the world, allowing customers to get on with their lives a bit quicker with a simple tap of a contactless-enabled card, phone or device, writes Dan Sanford, vice president of consumer products at Visa.

Visa has partnered with U.S.-based fintech novae to launch an omnichannel digital rewards platform for Visa card-issuing banks in Latin America and the Caribbean. The collaboration with San Francisco-based Novae is an example of the card network's open approach to fintech.

Kroger Co., the largest U.S. supermarket chain, said a California subsidiary will stop accepting Visa credit cards beginning next month in a dispute over swipe fees.

Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.

The outage that halted a portion of Visa payments in Europe was almost two months ago, but the card brand is still explaining what happened and attempting to isolate the incident.

Spending on the firm’s U.S. credit-card products climbed to $493 billion during the fiscal third quarter, when outstanding card debt reached a record in the country.

WEX will support Visa’s virtual credit cards for corporate payments, expanding the international digital payment options for WEX’s B2B customers.

Digital money platform Wirex has added a Ripple cryptocurrency wallet to its portfolio, giving its users the ability to exchange and spend Ripple's XRP token through their Wirex Visa cards.

Maybe it's coincidence, or maybe it's progress — in recent weeks, a number of large payment networks have suffered brief but widespread outages, particularly in Europe.

Digital payments are becoming a critical aspect of nearly every new service for merchants or financial institutions.

Large card issuers began banning cryptocurrency purchases on their cards in February. But fintechs are allowing consumers to purchase and invest in digital currencies, and they say the risk is minimal.

Mastercard has become the latest major card network to suffer a high profile crash. With its Thursday incident coming hard on the heels of Visa’s crash last month many experts wonder if blockchain technology could prevent future card network outages.

About a month after Visa's European outage, Mastercard encountered a similar glitch for a brief period of time on Thursday.

Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer.

This week's ruling from a U.K. appeals court is the latest of many episodes in a battle between merchants and card brands that has influenced regulations, technology, market strategies and nearly all other aspects of the payments ecosystem.

A British appeals court ruled in favor of retailers including J Sainsbury Plc in a blow to credit card firms that could now face billions of pounds in damages.

Visa Inc. and Mastercard Inc. are getting close to settling a 13-year-old lawsuit over fees charged when merchants accept card payments, according to a person familiar with the agreement.

American Express prevailed Monday in an eight-year antitrust battle with the government. Here’s a look at how other card networks, banks, retailers and consumers will be affected.

While Europe is still making sense of an international Visa outage in early June, fintech disruptor TransferWise experienced its own outage that lasted up to 11 hours on Thursday, with website, app and card payments unavailable to the company’s 1 million-plus users.

NovoPayment, a payment provider focused on Latin America, is working with Visa to help local banks work with Latin American businesses to migrate from their high levels of cash usage to digital payments.