Payments processor Visa has launched a $100-million venture fund for generative AI start-ups.
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Magstripes remain used in markets around the world, including South Africa, despite obvious security risks. Why?
The San Francisco-based technology firm plans to train 40 start-ups and fund a few each year.
US payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms, sources said.
Visa plans to invest $1-billion over the next five years in Africa to capitalise on rapid growth in digital payments.
Almost a third of local transactions are still running on 3D Secure version 1 despite a deadline to “sunset” this version of the protocol.
M-Pesa and Visa have launched a virtual payment card in a bid to capture some of Africa’s $40-billion/year subscriptions market.
The news earlier this week that Apple plans to allow merchants to accept contactless payments directly on iPhones has stirred a great a deal of interest.
Visa, the world’s largest payment processor, launched a global crypto advisory service for its banking clients and merchants on Wednesday.
Amazon.com said on Wednesday it would stop accepting Visa credit cards issued in the UK from next year due to the high fees charged by the payment processor for transactions.