Visa (NYSE: V) and Allianz Partners are bringing an innovative new payment solution to consumers: “Allianz Prime”. The mobile payment and loyalty app is the first of its kind in the insurance industry and enables customers to make fast, safe and easy payments with their mobile device online and in stores.
14 technology companies join launch partners Worldline and Vix as Visa Ready for Transit partners
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.
Growth in Irish consumer spending gathered momentum at the start of 2018, according to Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments). The index signalled a +5.3% year-on-year expansion in household expenditure, up from the +4.9% increase seen in December.
Visa (NYSE:V) in partnership with DragonPass today launched the ‘Airport Companion’ programme to Visa cardholders in Europe, providing a one-stop shop of exclusive benefits to add some enjoyment back into their travel experience. The services will be offered to consumers through participating financial institutions who issue Visa accounts in Ireland.
Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), pointed to a +4.9% year-on-year increase in spending during December. This followed a +5.1% rise in the previous month, highlighting the continued expansion of consumer spending for ten successive months in 2017.
The latest edition of Visa's Irish Consumer Spending Index suggests that Black Friday sales encouraged a sharp year-on-year rise in Irish household expenditure during November. The index, which measures expenditure across all payment types (cash, cheques and electronic payments), pointed to a marked acceleration in the rate of growth in consumer spending.
Irish consumer spending increased for the eighth successive month during October, but saw the slowest rate of growth since May, primarily due to a fall in purchases from UK online retailers compared to the same month last year.
New research commissioned by Visa has revealed that Irish small businesses are at the risk of falling behind international peers in their adoption of digital payments technology. The research shows that Irish SMEs could individually save between €5,000 and €6,000 per year on cash handling costs by increasing the amount of electronic payments they process.
There was no sign of consumers tightening their purse strings ahead of the Budget this week as Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), signalled the fastest acceleration in consumer spending in six months for the month of September.
Uptake of mobile devices to manage money, conduct banking and make payments is greater than ever, as 78% of Irish people now use their mobile devices to keep track of their finances and make everyday payments such as bills, parking and going out.
Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), revealed that Irish household spending rose +2.5% year-on-year in August, with the rate of expansion unchanged from that seen in July. Household spending has now seen an increase year-on-year for the past six consecutive months.