credit visa in news
UK at risk from repeat of US hack attack?
News Retailers handling up to six million Visa transactions in the UK are not subject to an independent audit to check they are compliant with PCI DSS security standards that can block such hacks. Guidance on the Visa Europe sites makes clear that even... [06 Aug 2008]
Top 10 financial services stories of the year
News Visa Europe did a time-and-motion study and announced in October that, on average, people in the UK waste up to three days a year waiting at ATMs and fishing around for change at shop counters. What is needed is a low value contactless payment card... [17 Dec 2007]
O2 Tube trial takes mobile payments underground
News Visa has already launched a contactless payment system known as payWave which is available in some areas of London and enables customers to wave a credit or debit card in front of a reader to pay for low value goods without needing to enter a PIN. [28 Nov 2007]
TfL and Nokia to roll out 'Oyster phone' trial
News Visa even has a payWave credit card that features the capability to make small, contactless payments in shops, as well as functioning as an Oyster card. Upcoming trials will see passengers on the London Underground use a mobile handset as a... [26 Nov 2007]
Is cash costing you three days per year?
News Visa Europe is one of a number of credit card companies that have rolled out a contactless payment credit card in partnership this autumn. A survey of 100 London workers by Visa Europe found workers waste one hour per week - totalling nearly three... [29 Oct 2007]
Visa to kick off contactless cards this autumn
News September will see the commercial rollout of the new Barclaycard Visa credit card, developed with Transport for London and Transys and featuring contactless payWave technology combined on the same card with the Oyster transit function. [04 May 2007]
Barclays targets taxis with wave-and-pay tech
News The pair have developed a showcase cab as part of Barclays' ongoing trial to add Visa 'wave and pay' and Oyster capability onto credit cards and debit cards. Barclays and Computer Cab have teamed up to develop a near field communication payments... [27 Apr 2007]
Retailers fear contactless payments
News But until the major supermarkets - with their large numbers of convenience stores - accept contactless payments it will be a much more difficult task for MasterCard and Visa to achieve the critical mass they need for this new form of payment to be... [24 Apr 2007]
Death of cash? Not yet, say retailers...
News Peter Ayliffe, chief executive of Visa Europe, said in an interview with The Independent on Sunday that by 2012 using credit and debit cards should be cheaper and more convenient than cash. Cash is going to stick around for a long time to come... [12 Mar 2007]
Handheld credit card readers to cut fraud
News Apacs has developed the system, which uses a handheld card reader, from the global standard created by card companies MasterCard and Visa. A new payments system aimed at reducing 'card not present' fraud is to be trialled by UK payments association... [15 Feb 2007]
RE:Viewing 2006: The year in financial services
News Financial services organisations also got in on the hubbub surrounding contactless payments with Barclaycard, TfL and Visa reviving the idea of creating an Oyster card for the London Tube that would also allow commuters to purchase low-cost items... [19 Dec 2006]
Oyster and e-money credit cards coming to London
News Barclaycard, Transport for London (TfL) and Visa have teamed up to put contactless payments and Oyster card functionality together on the capital's plastic. A spokesman for TfL said the bank was given sole rights to use Oyster "because Barclays and... [13 Dec 2006]
Scots tots buy school dinners with veins
News In the future, parents may also be able to top up their kids' credit using PayPal or online Visa payment. Children at a primary school in Scotland now have a new way to pay for their school dinners - vein recognition. [31 Oct 2006]
Credit card companies forge security alliance
News American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International announced on Thursday the creation of an organisation to develop and maintain security standards for credit and debit card payments. [08 Sep 2006]
Plastic for the people - cash ditched for cards
News Further reading. Cheat Sheet: Chip and PIN Cheat Sheet: Contactless payments RFID credit card 'not a skimming risk' Visa to trial 'tap and go' debit cards in London And MasterCard and Visa are turning their attention... [01 Aug 2006]
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