The San Francisco-based technology firm plans to train 40 start-ups and fund a few each year.
Browsing: Visa
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.
Visa said it will allow the use of a cryptocurrency called USD coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
The financial services industry, braced for what could be its biggest disruption in decades, is about to get an early glimpse at the Federal Reserve’s work on a new digital currency.