Visa

Days after Visa touted its crypto tech and settlement partnership with USD Coin, Mastercard showcased its work with the Central Bank of the Bahamas and supporting innovation such as digital ID.

CEO Al Kelly sees strong potential in central bank digital currencies and other virtual assets.

CEO Al Kelly sees strong potential in central bank digital currencies and other virtual assets.

The unfortunate reality for merchants and their customers is that swipe fees have continued to increase because the payment card market is broken, says payments consultant Mark Horwedel.

While U.S. regulators pressure Visa and Mastercard, there's ample choice, particularly when compared to the national debit rails that exist in most of the world, says Intrepid Ventures' Eric Grover.

The two payment brands have found ways to limit currency conversion risk — a key concern among banks and merchants.

The two payment brands have found ways to limit currency conversion risk — a key concern among banks and merchants.

The Justice Department's probe of Visa highlights whether merchants are properly equipped to adapt to the cost of debit spending as more commerce goes digital.

Visa and Mastercard are facing fresh opposition from U.S. retailers in a long-running legal fight over the fees merchants pay each time consumers swipe their credit or debit card at checkout.

Visa has expanded its push payments platform to enable businesses and their customers to make real-time domestic and cross-border payments.