Visa has confirmed it is to acquire Visa Europe for an upfront consideration of €16.5bn with a potential additional earn-out of up to €4.7bn... More
Visa Europe
Irish make over 2m contactless payments every month
People in Ireland are now making over two million contactless transactions with Visa debit cards every month, Visa Europe has revealed, representing a rate of one contactless payment per second... More
Carrefour Belgium to roll out contactless terminals
Supermarket giant Carrefour Belgium has teamed up with Visa Europe and transaction services provider Worldline to roll out contactless payments in 747 stores across the country by the end of this year... More
Vodafone Turkey expands NFC mobile wallet
Vodafone Turkey has partnered with Visa Europe to let its users link a Visa card to its Vodafone Cep Cüzdan NFC mobile wallet... More
Payments boost from contactless limit rise
The UK contactless limit increase from £20 to £30 could enable an extra three million Visa contactless transactions a day, worth more than £70m, Visa Europe says... More
Brits spend £2.5bn with contactless in first half of 2015
More than £2.5bn (US$3.8bn) was spent using contactless cards in the UK in the first half of 2015 compared to £2.32bn (US$3.55bn) for the whole of 2014, research from The UK Cards Association reveals as the UK contactless limit is raised from £20 (US$30) to £30 (US$46)... More
Visa signs up 2,300 financial institutions for Visa Token Service
More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call... More
Apple Pay goes live across the UK
Apple Pay is now live across the UK, enabling consumers with iPhone 6, iPhone 6 Plus and Apple Watch devices to make NFC mobile payments at more than 250,000 locations and across the Transport for London (TfL) bus and underground rail network... More
Europeans make more than 1bn Visa contactless transactions in 12 months
More than one billion contactless transactions worth in excess of €12.6bn have been made by Visa cardholders across Europe in the past 12 months, research from Visa Europe has found, with its customers spending €1.6bn using their contactless cards in March 2015 alone — a three-fold increase compared to the same month in 2014... More
Apple Pay users in UK will be able to make payments above contactless card limit
Customers who choose to use Apple Pay when the service launches in the UK will be able to use the mobile payments service to make transactions over the current contactless limit of £20 (US$30) at select retail locations, according to Visa Europe’s executive director of mobile... More
Visa Europe to participate in Apple Pay UK launch
Visa Europe has confirmed that it will play a part in the the UK launch of Apple Pay and will give debit, credit and reloadable prepaid cardholders access to the payment system... More
One in five Europeans expect to make daily mobile payments by 2020
One in five Europeans expects to use their mobile phone to make payments on a daily basis by 2020, growing from the one in ten who do so already today, research from Visa Europe has found... More
Visa in talks over $20bn Visa Europe acquisition
Visa is in preliminary talks to buy former subsidiary Visa Europe in a deal that may be valued at as much as US$20bn... More
French banks begin HCE payments pilot
BNP Paribas, Groupe BPCE, La Banque Postale and Société Générale have begun piloting HCE mobile payment services with Visa Europe and payment and transaction services provider Worldline... More
TEB to roll out HCE payments in Turkey
Turkey’s Türk Ekonomi Bankasi (TEB) has become the latest European bank to announce plans to launch a host card emulation (HCE) based mobile payments service using a tokenization platform unveiled by Visa Europe in February... More
Visa Europe expands on customised tokenization plans, will go live mid-April
“Tokenization does a couple of things brilliantly; one is it really helps on facilitating innovation, facilitating the use, for example, of mobile phones for payments,” Visa Europe’s Sandra Alzetta told NFC World following the payment network’s announcement of plans to launch a customised tokenization platform to European banks in April... More
Visa Europe to introduce customized token platform
Visa Europe is to launch a tokenization service “customized for the needs of the European market”, the payments network has announced... More
Generation Z prefers biometrics to passwords
Three quarters (76%) of the UK’s “Generation Z” consumers — aged between 16 and 24 — say they would feel comfortable making a payment using biometric security, a survey conducted by Opinion Matters for Visa Europe has revealed, and 69% believe it would make their lives faster and easier... More
Visa Europe to invest in digital payments
Visa Europe is to invest more than €200m a year in new payments technologies to accelerate the growth of digital payments, the payments network has announced... More
Young Brits ready to ditch PINs for biometrics
Three quarters of British consumers aged 16 to 24 (76%) say they would feel comfortable using biometric security when making a payment, with more than half keen to see facial recognition, fingerprints and retina scans replace passwords and PIN codes altogether... More