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Visa Europe partners with FIA Formula E Championship

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Visa Europe partners with FIA Formula E Championship

Agreement sees Visa Europe become official payment services partner for Monaco, Berlin and London races.

MONACO, 8 May 2015: Leading European payment provider Visa Europe, has today been announced as a new sponsor of the inaugural 2014/2015 FIA Formula E Championship – the world’s first fully-electric racing series.

The deal sees Visa Europe become the official payment services partner for the Monaco ePrix, on 9May, DHL Berlin ePrix on 23 May, and London ePrix, on the weekend of 27/28 June.

Launched today by Mark Antipof, Chief Officer, Sales and Marketing at Visa Europe, and Alejandro Agag, CEO of Formula E, the cutting edge partnership will come into effect immediately, ensuring Visa’s engagement with fans of Formula E in Europe, through a mixture of social, digital and traditional marketing activations.

Mark Antipof said: “We are very excited with this affiliation that we see as the perfect combination of two truly innovative brands. Visa Europe’s vision is to drive innovation throughout Europe making payments simpler, smarter and more secure than ever before. With Formula E’s ambitious approach towards revolutionising electric motorcar racing, and the future of car engines, it’s the perfect complementary partnership helping drive the future in each segment.

“Through this partnership, our mission is to put fans at the heart of the races. We will be announcing a number of exciting activities over the coming weeks culminating in the season finale at the London ePrix.”

Alejandro Agag, CEO of Formula E, added: “Formula E aims to drive the change towards an electric future, while promoting clean energy and sustainability. Visa Europe’s clear commitment towards innovation, extensive experience within the market and broad audience reach makes this partnership a clear and bold step towards realising this future.”

Running until June 2015, Formula E is a new FIA single-seater championship and the world's first fully electric racing series. It sees ten teams competing, at speeds of up to 140 mph, in 10 of the world's leading cities including Monaco, Berlin and London. The 10 teams, each with two drivers, race on bespoke city-centre circuits creating a unique and exciting series designed to appeal to a new generation of motorsport fans.

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Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 37 countries across Europe.

Visa Europe is at the heart of the payments ecosystem providing the services and infrastructure to enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees. Visa Europe is also the largest transaction processor in Europe, responsible for processing more than 16 billion transactions annually – at a rate of 1,622 transactions per second at peak times.

There are more than 500 million Visa cards in Europe, while €1 in every €6 spent in Europe is on a Visa card. Total expenditure on Visa cards exceeds €2 trillion annually, with €1.5 trillion spent at point-of-sale.

Since 2004, Visa Europe has been independent of Visa Inc. and incorporated in the UK, with an exclusive, irrevocable and perpetual licence in Europe. Both companies work in partnership to enable global Visa payments in more than 200 countries and territories.

For more information, visit www.visaeurope.com and @VisaEuropeNews

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Uansett når, hvor og hvem du skal betale - kan Visa hjelpe deg

Ingen andre betalingsleverandører er mer akseptert globalt enn Visa – og ingen merker har mer tillitt når det gjelder levering av enkle, trygge og konantløse betalinger. Vi gir deg enkel tilgang til pengene dine. Og hvis noe går galt, kan du være trygg med Visa. Reglene våre beskytter deg mot tap, svindel og tyveri.

Visa Europe er en medlemsorganisasjon. Det er våre medlemmer som utsteder Visa-kort og fastsetter gebyrene for kortholdere og forhandlere. Visa Europe er registrert i Storbritannia og samarbeider med Visa Inc for å muliggjøre globale Visa-betalinger. Gjennom våre systemer behandles over 16 milliarder transaksjoner årlig.