Samsung Pay Now Available to UK Visa Cardholders
• Service powered by Visa tokenisation to enable simple and secure mobile payments • 94% of UK 18-24 years olds already use their mobile device for banking and payment services
• Service powered by Visa tokenisation to enable simple and secure mobile payments • 94% of UK 18-24 years olds already use their mobile device for banking and payment services
• Visa Checkout, the easier way to pay online with a single sign-in, is making its debut in the UK, launching on lastminute.com • An exciting range of promotions is kicking off the partnership between Visa and lastminute.com • Enrolled customers have a 51% higher conversion rate when compared to other customers and data shows reduced cart abandonment
Visa teams up with surf and music event as part of an evolving sponsorship strategy Sponsorship deal will see Visa work with its partner Square to bring 100% card and mobile payment acceptance options to Boardmasters, for the first time
New European competition invites start-ups to submit ideas focused on improving the local community and travel experience, enhancing everyday lives of people everywhere.
• Spending rises +1.5% on the year in February, up from +0.4% in January • Expenditure through e-commerce channels continues to increase (+3.2%), while face-to-face spending falls again (-3.0%) • Recreation & Culture (+3.3%) and Hotels, Restaurants & Bars (+1.2%) see further increases in spend on an annual basis
Live competition at Mobile World Congress challenges five start-ups to bring payments to the Internet of Things
• At just over 1,000 square meters, new Innovation Center is Visa’s largest to date • Space will host partners and clients from across Europe to collaborate on new ways to pay • Center features live demonstrations including Internet of Things applications, virtual reality and biometrics • Mayor of London’s office welcomes the investment in the London fintech community
• Visa Token Service, which enables secure and convenient mobile payments, is live in five European markets, with seven more in the pipeline • European consumers currently spending an average of €9 in face-to-face transactions when they use their mobile device to pay • More than 1.2 million European merchants offer contactless point-of-sale, driving uptake in mobile payments
Headline findings · Consumer spending up +2.6% on the year in December · Spending growth remains solid in e-commerce categories (+5.5% year-on-year), but rises only slightly in face-to-face categories (+0.7%) · Hotels, Restaurants & Bars (+7.3%) and Recreation & Culture (+6.4%) see strongest increases in expenditure
• Visa join forces with European eSports giants, SK Gaming • Sponsorship will support the team as it expands • SK Gamers will be part of Visa’s content strategy
- Cryptocurrency regulator, 3D printing technician and gig economy manager are predictions for future jobs - 52% of millennials expect to switch careers multiple times during their lifetimes - 62% will prioritise a career that aligns with their passions and interests
• More than £2bn spent on Visa cards during Black Friday • Online Visa spend in week leading up to Black Friday up 13% year-on-year with almost £1bn spent on Black Friday, alone • Contactless and mobile technology are driving new shopping habits in the run-up to Christmas
Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 38 countries.
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 18 billion transactions annually.
There are more than 500m 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.
Visa Europe is an independent business with an exclusive, irrevocable and perpetual licence to use the Visa brand in Europe. Visa Europe works in partnership with Visa Inc. to enable global Visa payments in more than 200 countries and territories.
For more information, visit www.visaeurope.com and @VisaEuropeNews