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Latest news

Consumer spending returns to positive territory in August

Press Releases   •   Sep 17, 2018 09:10 BST

- Consumer spending: rises +0.4%, after -0.9% decline in July - Face-to-Face spend: increases +0.3%, but eCommerce expenditure declines by -0.2% - Hotels, Restaurants & Bars and Food & Drink categories see the biggest increases in expenditure

Household spending falls slightly in July

Press Releases   •   Aug 13, 2018 09:12 BST

- Consumer spending: down -0.9% compared to July last year - Face-to-Face spend: decreases -1.2%, while eCommerce expenditure falls by -0.5% - Warmer weather supports solid increase in spend across Food & Drink and Hotels, Restaurants & Bars categories

‘Alight here for Gareth Southgate’ – iconic Tube station renamed in celebration of England football team

‘Alight here for Gareth Southgate’ – iconic Tube station renamed in celebration of England football team

Press Releases   •   Jul 16, 2018 09:26 BST

• Transport for London (TfL) and Visa proudly welcome home England manager Gareth Southgate and his team by renaming Southgate Tube station to honour the team’s achievement this summer; • Iconic London Underground station changed from ‘Southgate’ to ‘Gareth Southgate’ for 48 hours; • Commuters and football fans encouraged to share photos and videos using hashtag #SouthgateSelfie.

Weather and World Cup prompt first back-to-back jump in household spending in over a year

Weather and World Cup prompt first back-to-back jump in household spending in over a year

Press Releases   •   Jul 16, 2018 01:01 BST

Headline Findings: • Consumer spending: Increases +0.7% compared to a year ago • Face-to-Face spend: Outstrips eCommerce for second consecutive month • World Cup fever: Hotels, Restaurants & Bars and Food & Drink categories are best performing sectors

Consumer spending bounces back in May

Consumer spending bounces back in May

Press Releases   •   Jun 18, 2018 00:01 BST

Headline findings: - Consumer spending: up +0.9% year-on-year, quickest increase since March 2017 - Face-to-Face spend: up +1.5% on the year, strongest upturn since October 2016 - Spending on household goods rises for the first time in 18 months

Consumer spending falls further amid weak high street performance

Press Releases   •   May 14, 2018 00:01 BST

Headline findings: - Consumer spending: drops -2.0% year-on-year, matching the decline seen in March - Face-to-face spend: down -5.4% on the year, quickest fall for six years - Household Goods and Recreation & Culture are weakest performing sectors

Consumer spending decline continues as March rounds off worst quarter in over five years

Press Releases   •   Apr 16, 2018 00:01 BST

Headline findings: - Consumer spending: declines -2.1% year-on-year, following -1.0% drop in February - Face-to-Face spend: -3.0% on the year, while eCommerce falls by -1.2% - Transport & Communication weakest performing sector

Visa UK CSI - Consumer spending has weakest start to the year since 2012

Press Releases   •   Mar 12, 2018 00:01 GMT

Headline findings: Consumer spending: falls -1.1% year-on-year, declining for ninth time in ten months Face-to-Face spend: -2.5% on the year, while eCommerce rises only slightly (+0.2%) Recreation & Culture sees its greatest decline since April 2010

Planes, Trains and Automobiles – Visa Launches Program to Give Consumers a Better Travel Experience

Planes, Trains and Automobiles – Visa Launches Program to Give Consumers a Better Travel Experience

Press Releases   •   Feb 22, 2018 13:05 GMT

Visa launches Transportation Center of Excellence to reimagine payments for all parts of the journey – from parking and refuelling to travel by air and rail

Visa sponsors Alpine festival Snowboxx

Press Releases   •   Feb 14, 2018 09:00 GMT

Sponsorship will see Visa work with iZettle to bring contactless payments to Snowboxx festival in France for the first time.

January sales dip for the first time since 2013

Press Releases   •   Feb 12, 2018 08:44 GMT

Headline findings: Household spending falls by -1.2% on the year, the first January drop since 2013 Sharp decline in High Street spend (-4.0%), and slower growth in E-commerce (+1.5%) Transport & Communication suffers from quickest drop (-6.5%), while Hotels, Restaurants & Bars reports further rise (+3.7%)

New partnership sees Visa provide Revolut prepaid cards to Team GB ahead of the Olympic Winter Games PyeongChang 2018

New partnership sees Visa provide Revolut prepaid cards to Team GB ahead of the Olympic Winter Games PyeongChang 2018

Press Releases   •   Feb 08, 2018 09:05 GMT

• Visa and Revolut establish partnership that sees Revolut become a Visa card issuer; • To mark the partnership and Visa’s sponsorship of the Olympic Winter Games PyeongChang 2018, every member of Team GB’s delegation to South Korea has received a contactless Revolut Visa prepaid card; • Team Visa athletes Billy Morgan and Elise Christie amongst those receiving the cards to take to South Korea.

Brits experience major concerns over using cash on holiday

Press Releases   •   Feb 07, 2018 09:11 GMT

• Loss or theft of cash abroad is the biggest concern for Brits on holiday • Eight out of 10 Brits have left-over holiday cash lying around at home • Spain, USA and France are the most popular destinations for Brits

Visa Checkout reaches one million enrolled consumers in the UK

Press Releases   •   Jan 30, 2018 09:00 GMT

Visa Inc. (NYSE:V) today announced that Visa Checkout has surpassed one million enrolled accounts in the UK. Visa’s online payment method, which was launched in May 2017, enables consumers to pay securely in just a few clicks on any device across the internet with some of the world’s top merchants.

Visa partners with DragonPass to bring enhanced and exclusive airport experiences for cardholders

Press Releases   •   Jan 18, 2018 09:00 GMT

• Visa issuers can offer their European customers access to a range of exclusive privileges and discounts • In 2016 over 2 billion people passed through Europe’s airports with the global duty-free industry expected to grow to approximately US$67bn by 2020 from an estimated US$45.7bn in 2016

No festive cheer for retailers as December rounds off the worst year for consumer spending since 2012

No festive cheer for retailers as December rounds off the worst year for consumer spending since 2012

Press Releases   •   Jan 08, 2018 00:01 GMT

Headline findings: - December household expenditure falls by -1%, following the -0.9% drop in November - 2017 marks the first annual decline in consumer spending in five years, down -0.3% compared to 2016 - Spending at Food & Drink retailers edges up for first time in three months (+0.4%)

Black Friday failed to lift consumer spending in November

Black Friday failed to lift consumer spending in November

Press Releases   •   Dec 11, 2017 08:53 GMT

Headline findings: - Household expenditure falls by -0.9% on the year after -2.1% drop in October - Face-to-Face spend continues to decline (-3.5%), as Black Friday spend moved further online, up +2.4% - Majority of sectors record lower expenditure, with Transport & Communication being the worst hit (-6.0%) - Miscellaneous Goods & Services remains a bright spot, up +4.9%

Visa Readies Digital Payments for the Projected 500,000 Visitors Traveling to Russia for the 2018 FIFA World Cup Russia™

Visa Readies Digital Payments for the Projected 500,000 Visitors Traveling to Russia for the 2018 FIFA World Cup Russia™

Press Releases   •   Nov 29, 2017 09:46 GMT

Visa, the Official Payment Service Partner of FIFA, releases travel and spend data timed with the Final Draw for the 2018 FIFA World Cup Russia™

Christmas spending expected to fall for first time in half a decade

Christmas spending expected to fall for first time in half a decade

Press Releases   •   Nov 20, 2017 08:46 GMT

​Consumers plan to make the most of Black Friday promotions, but spend over the whole festive season is predicted to be lower than last year E-commerce set to take record share of Christmas spending, while the high street likely to face a challenging festive period

October spending declines at fastest rate in four years, driven by poor performance on the high street

October spending declines at fastest rate in four years, driven by poor performance on the high street

Press Releases   •   Nov 13, 2017 00:01 GMT

Headline findings: - Overall spending falls at quickest rate since September 2013 (-2.0% year on year) - The high street suffers from the second-steepest drop since April 2012 (-5.0%) - Clothing & Footwear sees record decline in spend (-9.0%) - Hotels, Restaurants & Bars show resilience, reporting growth of +3.2%