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According to Visa U.S.A., debit cards are now 'check cards.' According to MasterCard International, home banking is now 'remote banking.' Such changes are more than mere semantics. They are part [...]

VISA'S RESPONSE TO COMPUTER MALFUNCTION CRITICIZED A processing error at Visa's main computer facility in California this summer has spurred debate over the bank card association's response to the situation. [...]

Washington, D.C. -- In a recent survey conducted by the National Multi-Housing Council (NMHC), property owners and managers ranked electronic rent collection as the no. 1 capability they want to [...]

Visa's recent entry into the health-care market coincides with health-care providers' request for earlier payment, and in higher amounts. Not only is the timing perfect, but the market gives Visa [...]

As part of managing bankruptcy collection, Visa U.S.A. is offering 2 new software systems to its member financial institutions. Known as the Recovery I Bankruptcy and Deceased System and the [...]

Visa U.S.A.'s bank membership declined slightly in the second quarter, but its commercial spending volume grew at a brisk pace. The San Francisco association, which is owned by banks that [...]

SAN FRANCISCO -- Visa USA announced last week it is finally integrating its Plus ATM network with its core point-of-sale transaction network, the largest in the world. The integration means [...]

Wachovia Corp. is testing the power of Visa U.S.A.'s Visa Extras rewards program to attract new customers and increase loyalty. It is offering 5,000 Visa Extras points for customers who [...]

Purchases made on Visa U.S.A. cards in the third quarter rose 17.7% from a year earlier, to $315.5 billion. The biggest growth was in PIN debit, where purchase volume grew [...]

SAN FRANCISCO -- Visa USA announced that it is rolling out a Hispanic Financial Education Campaign. The new program is aimed at providing Hispanic consumers the tools they need to [...]

Banks have long wanted to promote their payment cards to individual account holders, and Visa U.S.A. says it is updating its systems to let banks do exactly that. The San [...]

Visa U.S.A. is offering its issuers a program to reimburse cardholders if they are dissatisfied with items purchased with their Visa cards and the retailers do not take the items [...]

The largest single transaction ever processed over Visa U.S.A.'s VisaNet network was a $4.3 million payment the Department of Veterans Affairs made to one of its suppliers sometime since November. [...]

Visa USA offered a peek this week into the capacity-planning process for a system that handles a huge chunk of the nation's retail transactions. During the annual week-long stress test, […]

Visa U.S.A. said Wednesday that its Interlink PIN debit network processed $3.3 billion of transactions in January, 43% more than a year earlier. The number of Interlink transactions rose 39%, [...]

Visa U.S.A. says that its effort to encourage banks and merchants to use check conversion is beginning to snowball, with more banks and merchants signing up for the card association's [...]

Visa U.S.A. announced that it processed more debit card transactions than credit card transactions on its network in the first half, a first for the company. The payment card association [...]

While Visa U.S.A. may have appeased some merchants by offering interchange discounts to some larger merchants, it has angered other categories of retailers -- most notably petroleum companies -- by [...]

Americans are applying for credit cards on the Internet and buying online in greater numbers. Still, many hesitate. What's being done to reduce fraud - and the fear of it? [...]

With 10 million Smart Visa cards now in consumers' hands, Visa U.S.A. is shifting its attention this year to enlarging its stable of smart card issuers and promoting chip applications [...]

Visa U.S.A. on Monday announced to consumers an online security measure it had introduced earlier this year: Verified by Visa, a voluntary program meant to heighten the security of Internet [...]

Visa creates password program to give cardholders online peace of mind SAN FRANCISCO-BASED VISA USA is hoping that giving cardholders a digital John Hancock will increase both consumer and merchant [...]

Visa U.S.A. Payroll Card reduces employer costs and offers convenience to employees Visa U.S.A. Payroll Card The Visa Payroll card is a prepaid Visa card that enables employers to facilitate [...]

Visa U.S.A. on Monday announced the availability of its first chip card designed for use by corporate cardholders, smart Visa Business. FleetBoston Financial Corp. will be the first issuer of [...]

Visa U.S.A., which has set a May deadline for online merchants to comply with 12 card data security guidelines developed last fall, said Wednesday that it has begun giving the [...]

An anti-fraud initiative Visa USA rolled out on time for holiday shopping appears not to have diminished online fraud. The online fraud rate remained at 3% during the fourth quarter [...]

Credit-card companies have two things on their minds these days: security and data. Concern that card numbers and personal identification will be stolen still intimidates potential Web shoppers who routinely […]

Politics and executive departures stifle initiative EVisa, the Visa U.S.A unit launched last fall to accelerate the credit card association's high-tech offerings, has been mired in internal politics and slowed [...]

What Every Organization Should Know One Cards The one card--a single charge card that combines procurement with travel and entertainment (T&E) features, and, in some cases, fleet and phone charges--is [...]

The recent wave of high-profile thefts of consumer credit card numbers on the Internet has revived interest in the Secure Electronic Transaction protocol, an Internet security standard developed by MasterCard [...]

Accounts let shoppers spend money faster Just in time for the holidays, Visa U.S.A's Internet arm is reaching into its marketing bag to help Providian Financial Corp. and a handful [...]

MasterCard International and Visa U.S.A. are mandating online merchants meet more stringent security standards when cardholders purchase goods or services electronically--making online purchases safer in attempts to quell concerns of [...]

Visa USA announced that its Visa Business Card will begin offering broader collision and theft insurance applicable to rented cars. The coverage will be primary for up to 31 days […]

The credit card associations next month will step up their use of alternative mail systems to prevent card thefts. Members of MasterCard International and Visa U.S.A. will have the option [...]

* Visa Introducing Zero Floor Limit Protection. Beginning in October 1993, Visa U.S.A. plans to introduce a zero floor risk protection program for all U.S. merchants. It will require voice [...]

VISA USA announces that it will create its own clearing system in an effort to make member banks more competitive with nonbanks in processing credit card transactions. Plans call for the new company to function independently and to offer such services as electronic draft capture, authorizations and telecommunications. Credit card banks have been leaving the processing business because of high costs and low profit margins. Credit officials have resisted the trend, saying it erodes the bank-merchant relationship., In a bold and controversial bid to stem the rising influence of nonbanks, Visa U.S.A. is quietly taking steps to make its member banks more competitive at processing credit card [...]

Visa USA kicked off a test of coupon offers via cell-phone text messaging in November at its headquarters in San Francisco. The move represents the next stage in Visa's mobile [...]

The Blue Cross and Blue Shield Association (BCBS) and Visa USA are partnering to offer debit cards that can be used with health savings accounts or flexible savings accounts. Thus [...]

Following last year's merger with Visa-issuing Bank One, dual issuer JPMorgan Chase last month confirmed it would continue to issue commercial cards through both the Visa U.S.A. and MasterCard International [...]

Charge It: Credit card giant Visa said its customers charged or used debit cards for $4.1 billion in purchases on Nov. 26, representing a 15.5 percent increase from the day [...]

Visa USA started providing car rental insurance--known as a collision damage waiver--to its credit-card holders. Visa said the insurance previously was available only for select cards. "As a result of […]

In January, San Francisco-based Visa USA announced the introduction of Visa Extras, a new payment card rewards program that could help Visa member financial institutions deliver rewards opportunities to more [...]

Customers crave the convenience of cashless transactions. In fact, they've used Visa[R] payment cards to make over $1 trillion in transactions, more than the combined volume of all other U.S. [...]

With Visa, transactions are just the beginning. With more than one billion cards worldwide, Visa is the world's largest payment system. (1) And once you factor in that Visa cardholders [...]