Visa’s fiscal fourth quarter results underscored the payment network’s traction beyond card payments, as new payment flows in particular gained momentum. Commentary from the call and from the earnings supplement and earnings release show that overall payments volume grew 8% year over year. In the...
Visa is teaming with ClearBank on a partnership centered around issuance and money movement solutions. “By utilizing ClearBank’s cloud native banking infrastructure, Visa could soon benefit from its real-time payment processing, enhanced transaction visibility and a streamlined reconciliation process when processing transactions in the UK...
Blockchain FinTech OwlTing says it will begin employing Visa Direct to power real-time, cross-border payments. The agreement lets OwlTing potentially reach more than 8.5 billion endpoints in Visa’s payment global network, the Taipei-based company said in a Tuesday (Oct. 1) news release. “With Visa Direct, OwlTing can allow its...
Visa and Crown Agents Bank (CAB) are targeting the “last mile” of the payments process. The two firms were already working together, with Visa relying on CAB to provide foreign exchange liquidity when settling high-value payments — like bank-to-bank transfers, or payments between large institutions...
July 23, 2024
Visa’s fiscal third quarter results showed continued momentum in new payment flows — and further embrace of contactless payments in brick-and-mortar, face-to-face transactions. CEO Ryan McInerney said on the conference call with analysts Tuesday (July 23) that tap to pay grew 4 percentage points from last year to 80% of face-to-face transactions globally, excluding the […]
August 09, 2023
Peer-to-peer (P2P) payments, a long-standing vehicle for transactions between consumers, has evolved recently into usage between merchants and consumers as well. The steady growth of P2P transactions for any purpose...
May 10, 2023
Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true in emerging markets, where the...
October 25, 2022
Three years into the pandemic, and Visa’s Tap to Pay continues its steady march, with real-time payments and faster payouts — through Visa Direct — also proving popular on an...
October 30, 2024
Visa has launched a money movement partnership with cryptocurrency exchange Coinbase. The collaboration connects Coinbase to the Visa Direct network, letting the exchange’s customers deposit funds into their accounts via eligible Visa debit cards, according to a Tuesday (Oct. 29) news release. “Bringing this feature to our customers supports our mission of increasing economic freedom in the […]
October 29, 2024
Visa is teaming with ClearBank on a partnership centered around issuance and money movement solutions. “By utilizing ClearBank’s cloud native banking infrastructure, Visa could soon benefit from its real-time payment...
October 01, 2024
Blockchain FinTech OwlTing says it will begin employing Visa Direct to power real-time, cross-border payments. The agreement lets OwlTing potentially reach more than 8.5 billion endpoints in Visa’s payment global network, the Taipei-based company...
August 29, 2024
Visa and Crown Agents Bank (CAB) are targeting the “last mile” of the payments process. The two firms were already working together, with Visa relying on CAB to provide foreign...
