Displaying items by tag: Visa cards

Global credit/debit card provider Visa has partnered with fintech Payment Logic to launch Yak Pay, a company providing small businesses with the ability to use digital payments when paying non-card accepting suppliers.

The Commonwealth Bank says there’s been a surge in tap and pay transactions over six months, with its own customers increasingly using their smartphones instead of their wallets when making payments.

Customers of the National Australia Bank will have instant use of new, approved personal Visa credit cards, even before they receive their “physical” card, with the bank’s new mobile banking app to be released in coming weeks.

The global value of contactless Point of Sale (POS) terminal transactions is surging, with the value of all transactions around the world expected to reach US$500 billion annually by the end of 2017, up from US$321 billion this year, according to Juniper Research.