Amazon to stop accepting UK-issued Visa credit cards

10:26am, Wednesday, 17'th Nov 2021 Tech News Tube
Ecommerce giant Amazon is to stop accepting payments made from Visa credit cards issued in the UK as from January 19 next year. Visa debit cards and credit cards from other issuers like Mastercard and Amex will still be accepted. The reason for the move is cited as Visa''s high processing charges. Amazon''s email to customers -- which it has to be said looks a bit phishy at first sight -- says, "Starting 19 Jan, 2022, we will unfortunately no longer accept any Visa credit cards issued in the UK, due to the high fees Visa charges for processing credit . . . [Continue Reading]
Amazon will stop accepting payments made using Visa Inc credit cards issued in the United Kingdom starting next year.
The online retail giant said it has made the decision due to ‘the high fees Visa charges for processing credit card transactions’.

Amazon to stop accepting UK Visa credit cards from January

09:52am, Wednesday, 17'th Nov 2021 Evening Standard
The online retail giant said it has made the decision due to the high fees Visa charges for processing credit card transactions.

Amazon to block UK Visa credit cards in the new year

09:20am, Wednesday, 17'th Nov 2021 City AM
Amazon will stop accepting payments made using Visa Inc credit cards issued in the United Kingdom starting next year.

Remitter to Partner With Visa on Collections Improvements

01:12am, Wednesday, 17'th Nov 2021 PYMNTS
Remitter, a digital communication platform which uses artificial intelligence (AI), has partnered with the Visa Ready Fintech Enablement Certification Program, according to a Tuesday (Nov. 16) press release. Remitters services are used to help collect late payments, which the company posits are a constant issue for businesses that add to cash flow problems, eventually forcing []

Salvation Army rings the bells for contactless giving

12:01am, Wednesday, 17'th Nov 2021 Finextra Research
Visa has initiated a pilot programme with The Salvation Army and tiptap to make donations contactless at the charities iconic Red Kettles this holiday season.

VeraBank N.A. Acquires 168 Shares of Visa Inc. (NYSE:V)

10:34pm, Tuesday, 16'th Nov 2021 Transcript Daily
VeraBank N.A. grew its position in Visa Inc. (NYSE:V) by 16.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,219 shares of the credit-card processors stock after purchasing an additional 168 shares during the period. VeraBank N.A.s holdings in Visa were worth $271,000 as of []
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Visa Inc. (NYSE:V) is Sowa Financial Group Inc.’s 7th Largest Position

08:20pm, Tuesday, 16'th Nov 2021 Dakota Financial News
Sowa Financial Group Inc. increased its stake in shares of Visa Inc. (NYSE:V) by 2.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,059 shares of the credit-card processor’s stock after purchasing an additional 515 shares during the quarter. […]
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Visa (V) Earnings: 4Q21 Key Numbers

11:48am, Tuesday, 16'th Nov 2021 AlphaStreet
Visa Inc. (NYSE: V) reported net revenue of $6.6 billion for the fourth quarter of 2021, up 29% year-over-year. GAAP net income rose 68% to $3.6 billion, or $1.65 per [] The post Visa (V) Earnings: 4Q21 Key Numbers first appeared on AlphaStreet .

Risk Management Veteran Joins Payments Firm Aleta Planet

06:47am, Tuesday, 16'th Nov 2021 Finews Asia
The firm is bolstering its fraud and risk management capabilities, citing heightened fraud, money laundering and terrorist financing activities amidst the Covid-19 pandemic. Singapore-headquartered Aleta Planet has hired Daniel Ang as head of risk management with effect from Monday, according to a statement by the fintech startup. Ang has over 30 years of experience in fraud risk management, including developing fraud detection systems, handling investigations into alleged corporate wrongdoings, and writing global policies covering fraud detection, prevention and response. He began his career at the Singapore Police Force''s Criminal Investigation Department and has worked in Singapore and Indonesia for companies like Citibank, Bank Mandiri and Quatrro Risk Management Consulting Services. Reporting to Goi Wang Firn , head of group operations, Ang will develop groupwide risk management policies and procedures, fraud risk strategies and rules, manage fraud reporting, oversee the risk team and train risk mangers, the announcement said.
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