Visa EuropeRSS

Visa Inc completes acquisition of Visa Europe, appoints new board member    

Visa Europe and Visa Inc are one company again

Visa Inc and Visa Europe are united again. The combined company provides digital payment products, services and processing to about 17,100 financial institution clients and partners, 40+ million merchant outlets, and three billion Visa accounts worldwide. The company says its branded cards and payment products amount to approximately $6.8 trillion in global payments volume annually. […]

Visa Europe unveils augmented reality payment tech

Augmented reality payments app launched by Visa Europe, Blippar and House of Holland

Visa Europe and its innovation hub, Visa Europe Collab, have teamed up with visual discovery and augmented reality app Blippar to bring augmented reality to payments. The new e-commerce solution, unveiled at a recent fashion show in London, enables designer garments to be instantly purchased straight off the backs of models. The pilot fashion brand […]

Visa Europe contactless transactions pass 3 billion mark


Visa Europe says three billion contactless transactions were made across Europe on Visa cards and payment-enabled devices in the year to 30 April. This leap nearly triples that of the same period in the previous year. Tristan Kirchner, executive director, product management at Visa Europe, says it’s “extraordinary growth” and it’s due to the work […]

Visa Europe expands tokenisation service for cloud-based payments

Sandra Alzetta, Visa Europe

Visa Europe is expanding its Visa Europe Payment Tokenisation Service (VEPTS) for cloud-based payments. VEPTS will be available for payment credentials such as banks’ own mobile payment apps, a variety of wearable and other connected devices, internet browser-based wallets, and retailer-specific checkout offerings such as Visa Checkout. Sandra Alzetta, executive director product enablement for Visa […]

Contactless payments set to boom as limit rises to £30

Contactless 2

More than £2.5 billion was spent in the UK using contactless cards in the first half of 2015 and this is likely to increase even more as the upper limit for contactless payments increases from £20 to £30 from today.

Visa Europe sees contactless payments top 1 billion in past year


Visa Europe says that uptake of contactless payments in Europe continues to climb with more than one billion transactions made in the last year. Visa cardholders spent €1.6 billion in March 2015 alone – a three-fold increase over the same period in 2014. by Visa to be rolled out in UK this year


Visa Europe says that it will roll out its by Visa in the UK this year, having secured commitment from 55% of the UK’s card issuance base, which accounts for more than 60 million card holders, and thousands of the UK’s retailers. It will now be commercially available to the majority of internet shoppers in the UK before the end of 2015.

Türk Ekonomi Bankası to deploy HCE for contactless payments

Türk Ekonomi Bankası is to launch a mobile contactless payment application using Visa Europe’s host card emulation functionality to provide secure contactless payments.

Garanti Bank rolls out Turkcell mobile wallet

Mount Nemrut Turkey

Turkey’s Garanti Bank and mobile operator Turkcell have partnered with Visa Europe in a deal aimed at bringing the Turkcell mobile wallet to more consumers in Turkey.

Keeping the customer profitable


Separating customer billing from core systems can have dramatic effects on the bottom line – a study by Boston Consulting Group at one bank found that 17% of clients were unprofitable.