Visa Inc. is an American multinational financial services corporation headquartered in Foster City, California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards and debit cards. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash-access programs to their customers. In 2009, Visa’s global network processed 62 billion transactions with a total volume of $4.4 trillion.

In September 2007, Visa introduced Visa payWave, a contactless payment technology feature that allows cardholders to wave their card in front of contactless payment terminals without the need to physically swipe or insert the card into a point-of-sale device. This is similar to the MasterCard PayPass service and the American Express ExpressPay, with both using RFID technology.

In 2013 Visa launched Visa Checkout, an online payment system that removes the need to share card details with retailers. The Visa Checkout service allows users to enter all their personal details and card information, then use a single username and password to make purchases from online retailers.

Facebook Adds Paypal, Stripe and Other Payments Processors to Messenger Chatbots
September 13th, 2016

On Monday, the social networking giant unveiled several new Messenger updates that will let customers to make payments without leaving the app.

Visa Teams Up with BTL Group for Blockchain-based Interbank Transfers
September 1st, 2016

The collaboration is intended to reduce costs and speed up settlement time for transferring funds between banks.

SatoshiPay Partners with Visa Europe’s Innovation Department to Expand Nanopayment System
July 26th, 2016

The cooperation with Visa will allow SatoshiPay to enhance its micro-payment technology.

MWC 2016: Mastercard Wants You to Pay with a Selfie ID Checks
February 23rd, 2016

Mastercard has claimed it will allow making online purchases with the use of a face photo or a fingerprint scan.

MWC 2016: Visa Partners with Honda and ParkWhiz to Present IoT-based Apps for Drivers
February 22nd, 2016

The new digital payment solutions from Visa will contribute to the development of the automotive industry.

Visa Launches Developer Platform with Access to Visa APIs and SDKs
February 8th, 2016

Visa Inc. launches a new Visa Developer platform with Access to Visa APIs and SDKs.

Visa Inc is Working on Proof-of-Concept for Blockchain-based Remittance Service
November 13th, 2015

Visa Europe Collab, Visa Europe’s innovation hub, teamed up with Epiphyte to work on the new proof of concept for blockchain-based international remittance services.

Visa and DocuSign Unveil Prototype That Would Let You Lease Car in Just a Couple of Minutes
October 29th, 2015

Visa have introduced a new proof-of-concept that will make it easier for people to lease a car without leaving a vehicle, thanks to a combination of Visa, DocuSign and blockchain technology