Tag Archives: Visa Europe

Visa Inc. completes acquisition of Visa Europe

Visa Inc. has announced the completion of its acquisition of Visa Europe Ltd, meaning that the combined, global company will provide digital payment products, services and processing to about 17,100 financial institution clients and partners, 40 million merchant outlets, and 3.0 billion Visa cards worldwide. Visa–branded cards and payment products now enable approximately $6.8 trillion […]

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Visa Europe announces Digital Enablement Programme with partners including Android Pay and UK banks

Visa Europe is launching their new Visa Europe Digital Enablement Programme (VEDEP), to ‘leverage the power of the Visa network to simplify the implementation of third party mobile wallets.’ Launch partners of the programme include Google and its Android Pay platform along with many leading UK banks. VEDEP gives banks and technology companies a turn-key […]

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Two contactless transactions made every second in Ireland

New analysis from Visa Europe indicates that the increase in the contactless card payment limit in October 2015 has had a transformative effect on consumer spending habits with Visa debit cards in Ireland. The limit was increased from €15 to €30 on the 31st of October 2015 and has generated significant growth in contactless payments […]

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The overnight success story 10 years in the making

By Visa Europe. Did you know that the word “contactless” was one of the Collins Dictionary’s words of the year last year? Along with “manspreading”, “binge-watching” and “ghosting”, this so-called “new” form of payment was finally recognised as a trend. Launched in 2007 to give consumers a quick and convenient way to pay for low-value […]

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Europeans “touched to pay” three billion times in the last 12 months

Visa Europe has released further numbers confirming the fact that Europe really has accepted contactless payments. The company has announced three billion contactless transactions were made in the last 12 months – nearly tripling that of the same period in the previous year. Figures show that European consumers used their cards 360 million times in […]

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British pub-goers embrace higher contactless spending limit

Latest figures from Visa Europe show that the UK’s decision to increase the contactless spending limit from £20 to £30 six months ago has proved popular, particularly with those customers in the pub. Contactless transactions over £20 saw an average monthly growth rate of 19.1% between October 2015 and March 2016, double the growth rate […]

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