Kompas Awarded €50,000 in Visa’s first European Everywhere Initiative
• UK start-up won with solution that uses machine learning to support regional commerce experiences • More than 300 entries submitted from start-ups in 19 countries
Topics: Technology, general
Visa Upgrades Verified by Visa Technology to Enhance Security and Simplify Online Payments
• Visa migrating to the next generation of the 3-D Secure platform, the technology platform originally developed by Visa and underpinning the Verified by Visa service • Upgrade will enhance the security and convenience of mobile online payments globally • Today, three times as many Europeans make online purchases using their mobile device compared to 2015
Samsung Pay Now Available to UK Visa Cardholders
• Service powered by Visa tokenisation to enable simple and secure mobile payments • 94% of UK 18-24 years olds already use their mobile device for banking and payment services
Popular online payment method Visa Checkout launches to UK shoppers
• Visa Checkout, the easier way to pay online with a single sign-in, is making its debut in the UK, launching on lastminute.com • An exciting range of promotions is kicking off the partnership between Visa and lastminute.com • Enrolled customers have a 51% higher conversion rate when compared to other customers and data shows reduced cart abandonment
Race is on for €50,000 prize as Visa launches first ever European Everywhere Initiative
New European competition invites start-ups to submit ideas focused on improving the local community and travel experience, enhancing everyday lives of people everywhere.
Visa to Launch First Everywhere Initiative in Europe
Live competition at Mobile World Congress challenges five start-ups to bring payments to the Internet of Things
Visa Technology Extends Mobile Payments into 12 European Countries by End of 2017
• Visa Token Service, which enables secure and convenient mobile payments, is live in five European markets, with seven more in the pipeline • European consumers currently spending an average of €9 in face-to-face transactions when they use their mobile device to pay • More than 1.2 million European merchants offer contactless point-of-sale, driving uptake in mobile payments
Cash is a Ghost of Christmas Past
• More than £2bn spent on Visa cards during Black Friday • Online Visa spend in week leading up to Black Friday up 13% year-on-year with almost £1bn spent on Black Friday, alone • Contactless and mobile technology are driving new shopping habits in the run-up to Christmas
New European plans threaten disruption and inconvenience for UK’s online shoppers
• Plans requiring additional checkout steps means more declined transactions and longer and more complicated checkout experiences • 52% of UK shoppers say increased online checkout steps will cause them to abandon purchases • Changes mean no more express checkouts or quick in-app payments from mobiles, reduced access to non-European online shopping sites, and longer queues
Visa Europe Announces New Digital Enablement Programme with Launch Partners to Include Google’s Android Pay and Leading UK Banks
Connects banks with other mobile wallet providers for instant access, streamlined implementation
Europeans “touched to pay” three billion times in the last 12 months – cementing contactless payments’ growing popularity
• 1-in-5 in-person Visa-processed card payments are now contactless • 3 billion contactless transactions made using Visa cards and devices across Europe between 1 May 2015 and 30 April 2016 • 165 million Visa contactless cards and 3.2 million POS terminals are now in active in Europe
Consumers embrace £30 limit as higher value spend drives new contactless behaviour across the UK
• Contactless transactions over £20 grew at more than double the rate of those under £20 following the introduction of new £30 spend limit • Bars and pubs a prime driver of growth for contactless above £20, seeing 30% average weekly growth • Contactless payments now make up 10% of all face-to-face payments between £20 – £30
Visa Europe launches “Cashfree and Proud” campaign
London, 21 March 2016 – Visa Europe today launches “Cashfree and Proud” on 21 March, a new campaign telling cardholders they can make a Visa contactless payment with confidence and feel liberated from the need to carry cash.
The campaign, which runs in the UK from March to May, recognises and harnesses that sense of achievement people feel when they begin to use contactless and realise that the
Swatch partners with Visa for pay-by-the wrist contactless payments
Swatch SA and Visa Inc. together with Visa Europe have signed an agreement giving eligible Visa cardholders in the U.S., Switzerland and Brazil the ability to tap and pay with Swatch’s new "pay-by-the-wrist" watch, SWATCH BELLAMY. Slated to launch in early 2016, SWATCH BELLAMY can be used globally, anywhere contactless, NFC-based (near-field communications) Visa payments are accepted.
The UK ranks 2nd in readiness to embrace future shopping experience – Visa Europe’s Future of Retail research
Three major trends shaping the future of retail identified by the report are outlined below: 1. Customers want personalised shopping experiences across all touch points 2. There is growing demand for social shopping experiences 3. Mobile technology has the potential to bridge the gap between online and offline retail experiences
Apple Pay Now Available to Millions of UK Visa
UK cardholders will be able to load their cards and use Apple Pay starting today. Apple Pay marks the debut of Visa Europe’s Payment Token Service. Visa Europe’s tokenisation technology is behind Apple Pay and offers enhanced security to protect against potential fraud You can use Apple Pay at any contactless terminal. There is no spend limit on upgraded terminals
1 billion Visa contactless purchases made in last year
1.1 billion contactless transactions made by Visa cardholders across Europe in the last 12 months More than €12.6 billion spent in total More than 130 million Visa contactless cards are now in circulation in Europe Visa’s contactless infrastructure is ready for the next generation of digital payments
Card payments at the 2015 FIA Formula E Visa London ePrix
60 contactless mobile point-of-sale solutions distributed to event vendors More than 50% of all purchases made were card-based Over 100 cashless transactions made every minute at peak times
Visa Europe to electrify fans at Formula E Visa London ePrix championship finale
From complimentary commentary headsets to Formula E style driver training, fans will be at the heart of the action at Visa Europe’s eVillage area
Apple Pay Coming to Millions of UK Visa Cardholders
Visa Europe will offer Visa debit, credit and reloadable prepaid cardholders access to Apple Pay "Supported by Visa’s extensive contactless infrastructure, Apple Pay in the UK offers an easy, secure and private way to pay, catapulting mobile payments into the mainstream" Jeremy Nicholds, Visa Europe
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