• Three in four shoppers (76%) admit local high streets need support while four in five (80%) are shopping with local small businesses as much or more frequently since lockdown lifted, both in person and online • Despite this support, the next three months are crucial to the survival of two fifths (42%) of small businesses
• Visa clients in Europe can now take advantage of the Vipps digital wallet platform • More consumers in Europe will be able to use their mobile devices to pay in-store or online, to send and receive money, and better manage their payment accounts • Partnership demonstrates Visa’s commitment to offer seamless payment experiences beyond the card
CenturyLink confirmed at 4.12PM BST that it had resolved an issue which caused widespread, global internet issues impacting many services earlier today. As a result, some Visa cardholders may have experienced issues using their Visa cards. [TIME: 16:35 BST, 30th August 2020]
Today, Visa (NYSE: V) announced a €50,000 donation to the UEFA Foundation for Children as part of its Player Of The Match Award activation at this weekend’s Women’s Champions League Final in San Sebastián.
New consumer research commissioned by Visa has revealed a sharp increase in people unable to access returns or refunds for items bought during lockdown, with one in ten (11%) of those who requested money back still waiting for, or denied access, to a refund or voucher – a 215% increase from pre-pandemic times.
Statement on Wirecard Card Solutions Ltd
Global campaign to help 50 million small businesses adapt, reopen and get back to business, while encouraging consumers to support their local businesses and communities In Europe, Visa is working closely with its network of industry, technology and community partners to support eight million small businesses impacted by the economic shutdown in Europe
As non-essential shops begin to reopen their doors, over half (56%) of small business owners surveyed are concerned they will not be able to bounce back from the impact of COVID-19, according to a new survey released by Visa today.
Almost a third of Brits (31%) bought items online for the first time during lockdown
Newfound online confidence saw 41% shopping online more frequently
Three quarters (74%) of more frequent online shoppers will continue to shop online even as restrictions are lifted
Groceries, clothing, books and games the most popular items being purchased online
LONDON, 3 June 2020:New research commission
Visa has facilitated the first request to pay message sent and received using Pay.UK’s standards, ahead of the anticipated commercial launch of request to pay later this year.
Headline Findings: • Consumer expenditure up +0.6% year-on-year, first rise since September 2018 • eCommerce sees solid increase in spending (+4.3%) • Hotels, Restaurants & Bars leads growth in February (+6.0%)
Headline Findings: • Consumer expenditure down -1.6% year-on-year, after -1.1% drop in December • eCommerce spend slips back into decline (-0.7%) following strong upturn in December • Hotels, Restaurants & Bars is the only sector to record higher spending (+4.5%)
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
