Visa sponsors Alpine festival Snowboxx
Sponsorship will see Visa work with iZettle to bring contactless payments to Snowboxx festival in France for the first time.
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January sales dip for the first time since 2013
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%)
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New partnership sees Visa provide Revolut prepaid cards to Team GB ahead of the Olympic Winter Games PyeongChang 2018
• 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.
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Brits experience major concerns over using cash on holiday
• 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
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Visa Checkout reaches one million enrolled consumers in the UK
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.
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Visa partners with DragonPass to bring enhanced and exclusive airport experiences for cardholders
• 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
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No festive cheer for retailers as December rounds off the worst year for consumer spending since 2012
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%)
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Black Friday failed to lift consumer spending in November
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%
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Visa Readies Digital Payments for the Projected 500,000 Visitors Traveling to Russia for the 2018 FIFA World Cup Russia™
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™
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Christmas spending expected to fall for first time in half a decade
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
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October spending declines at fastest rate in four years, driven by poor performance on the high street
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%
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Visa Introduces New Payment Wearables for Fans Attending the Olympic Winter Games PyeongChang 2018
Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, today introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap.
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