Tag: Visa | Page 5 | Infinicept

Merchant-Presented QR Codes, Explained

The use of QR codes in places such as China and India has made accepting payments easier for many small and micromerchants. And payment facilitators have a significant role to play in helping to expand electronic payment acceptance into emerging markets using QR codes.

Visa Rule Change Signals Support for PF Model

As the payment facilitator model evolves, the card networks are increasingly embracing it as a driver of merchant acceptance globally. A recent rule change from Visa further affirms that PFs are in a solid position.

A Decade On, U.K. Keeps Driving Contactless Revolution: Visa Study

If you’re a young Londoner who bought groceries today, there’s a fairly good chance you used a contactless method to pay for them.

PFs Key to Supporting QR Code Expansion

Payment facilitators have a significant role to play as Visa expands digital transactions into new markets using QR codes.

The bar codes have turned the point-of-sale world on its head in response to conditions in emerging markets, according to Uttam Nayak, SVP, emerging market digital payments, for Visa.

Visa Makes QR Code Onboarding Simple

Visa took its turn this week announcing support for the new QR code specification recently released by industry standards body EMVCo.

Its Visa Ready Program supports the new interoperable standards, making onboarding simpler for merchants who want to implement the mobile POS solution, the company said. The program provides tools that allow banks, processors and payment facilitators more easily deploy the solution for their merchants.

News Roundup: Visa, Mastercard Standardize QR Code

In a roundup of this week’s news, major card brands are continuing their expansion of digital payments acceptance, targeting cash usage at small and micro businesses and at festivals. And eMarketer ventures a prediction about the cross-border e-commerce shopping habits of German consumers.

PayPal, Visa Extend Partnership to APAC

Visa and leading payment facilitator PayPal announced an expansion of a strategic partnership they entered into in the U.S. last summer.

The partnership is an agreement to work jointly to grow the adoption of mobile and digital payments. This latest agreement covers the Asia Pacific region.

As was the case in the U.S., the APAC partnership includes PayPal’s use of the Visa’s Digital Enablement Program (VDEP), which gives PayPal access to Visa’s tokenization technology. This enables PayPal users to conduct secure transactions at point-of-sale locations where Visa is accepted.

After Demonetization, India Seeking a New Normal

The payments news from India just keeps coming.

As the government continues its push toward a cashless society, its policies are getting mixed reviews. But companies continue to shore up their digital payment offerings, hoping to capitalize on the climate there.

Europe News Roundup: Mobile Payments Have Taken Off

A look at European payments news this week reveals that financial technology is alive and well across Europe. Visa released statistics on explosive growth in mobile payments, and several new partnerships are expanding the ways Europeans – and visitors – can pay.

Despite PF Advantage on New Mastercard Merchant Fee, Some PFs Preach Caution

In the payments world, few things are as confusing or as controversial as network fees. The economics of a transaction routed over Visa or Mastercard rails could amount to a college-level course.

Rates for interchange, the amounts that the networks collect from retailers on behalf of card issuers, are often on merchants’ minds as they look for the most economical transaction routing options. But in recent years, the fees that the networks keep for themselves have generated plenty of ink.