Visa Q4 Earnings Surpass Expectations, Driven by Cross-Border Payment Volume

Latest News, Financial News, Industry News, Visa

On Tuesday, card giant Visa Inc. announced that it exceeded expectations for fourth quarter profits. Dеspitе concеrns about an imminеnt еconomic slowdown and thе rising cost of living the results were solely based on the consumers embracing a post-pandеmic travеl rеbound. According to Visa’s CFO, Chris Suh, the recovery of inbound travel in the U.S. …

Visa Q4 Earnings Surpass Expectations, Driven by Cross-Border Payment Volume Read More »

Updates to Surcharge Rules By Visa in the US and Canada as of April 15, 2023

COVID-19 Payment Trends Are Here to Stay, Says Visa

2021 Trends, Coronavirus, COVID19, Retail, Small Business, SMBs, Visa

As we near the one-year anniversary of the pandemic, it’s apparent that the latest payment trends that took place at swift speeds are here to stay. The most common changes businesses are implementing include contactless payments, ‘buy now, pay later’ options, and increased security protection. In short, small and micro businesses need to cater to …

COVID-19 Payment Trends Are Here to Stay, Says Visa Read More »

Visa Looks to Make Plastic Cards Sustainable

Credit Card Processing, Credit Cards, Payment Processing, Visa

Visa has an ambition to improve the world and minimize its environmental impact. Thus, they are collaborating with the CPI Card Group to produce ‘Earthwise High Content Card’ for Visa cardholders. The credit card, made of 98% upcycled plastic, would enable both contactless and contact payments. Besides this, the aim is to make cards EMV compliant with dual-interface …

Visa Looks to Make Plastic Cards Sustainable Read More »

Kroger Will Begin Taking Visa Payments Again

Industry News, Visa

In a not at all surprising turn of events, Kroger has decided to cease their ban on Visa payments across all of their 130 Smith’s Food & Drug stores. Why the Ban? Earlier this year, after slamming Visa’s transaction fees, Kroger decided to take action against Visa. Saying that they’ll “drive up food prices for …

Kroger Will Begin Taking Visa Payments Again Read More »

Visa Continues To Support Mobile Gun Purchases

Industry News, Visa

As the debate in the United States rages on over gun laws, some companies have been taking sides by choosing to take action. Visa, however, is one company that has refused to wade into the political fray. Instead, it has opted to continue along doing business as it has been in regards to mobile payments. …

Visa Continues To Support Mobile Gun Purchases Read More »

The End of Required Credit Card Signatures

Credit Card Processing, Credit Cards, Emerging Trends, EMV, MasterCard, Payment Processing, Restaurant, Retail, Visa

In April, credit card signatures will become a thing of the past. American Express, Discover, Visa, and Mastercard have all announced they will end the signature requirement for in-store credit card machine purchases. For Discover, Mastercard, and American Express, the end date was April 13. Visa will end the signature requirement later in the month. …

The End of Required Credit Card Signatures Read More »

Visa Goes to War Against Cash

Business, Credit Card Processing, Credit Cards, Digital Sales, Financial News, Small Business, Visa

It looks like Visa wants to kill cash transactions. The credit card company announced last week that they are spending $500,000 to get restaurants to move completely cashless. They say they will give $10k to each of 50 “qualifying restaurants, eateries, cafes, and food trucks” as an incentive to make the transition. The gift …

Visa Goes to War Against Cash Read More »