Visa - CDE News - The Dispatch

EU split on visa bans for Russia, plans Ukraine training missions

Germany and France have issued a joint warning against a ban on tourist visas for Russians, saying such a step, advocated by other European Union member states, would be counter-productive. The split on tourist visas…

Read More Here

07

Mar

Russian banks may issue cards with China’s UnionPay as Visa, Mastercard cut links

LONDON, March 6 (Reuters) - Credit cards issued by Russian banks using the Visa and Mastercard payment systems will stop functioning overseas after March 9, Russia's central bank said on Sunday, adding…

Read More Here

Visa, Mastercard block Russian financial institutions after sanctions

U.S. payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government sanctions imposed over Moscow's invasion of Ukraine. Visa said…

Read More Here

Visa reaches agreement with Amazon over payment fees

Feb 17 (Reuters) - Visa Inc V.N cards will be accepted at all Amazon.com Inc stores and sites as part of a global agreement, the payments giant said late on Wednesday. Amazon said last…

Read More Here

Bahrain introduces golden permanent residency visas to lure talent

Bahrain on Monday introduced a new permanent residency visa to attract talent and investment, part of a trend in Gulf states to offer more flexible and longer-duration visas amid regional…

Read More Here

Amazon halts ban on UK-issued Visa credit cards

LONDON, Jan 17 (Reuters) - Amazon.com said on Monday it would not stop accepting UK-issued Visa Inc credit cards on its British website later this month as it had proposed,…

Read More Here

British retailers declare war on Visa and Mastercard over transaction fees

Retailers have ramped up a battle against Visa and Mastercard with more than a dozen major brands logging fresh legal claims over card payment fees.The High Court writs, which count Levi,…

Read More Here

Visa launches crypto advisory service for financial institutions, merchants

Visa Inc, the world's largest payment processor, launched a global crypto advisory service for its banking clients and merchants on Wednesday, as the adoption of digital currencies gains steam. The…

Read More Here

Amazon may drop Visa as partner on U.S. credit card

Amazon.com Inc is considering dropping Visa as partner on its U.S. co-branded credit card after earlier confirming it would stop accepting Visa credit cards in the United Kingdom as a…

Read More Here

UPDATED: Amazon to stop accepting Visa credit cards issued in UK

Amazon.com Inc said on Wednesday it would stop accepting Visa Inc credit cards issued in the United Kingdom from next year due to the high fees charged by the payment…

Read More Here

Dubai eases visa rules, UAE makes labour laws more competitive

In the latest move to boost the United Arab Emirates' economic competitiveness, Dubai on Tuesday announced a five-year multiple entry visa to facilitate business trips for foreign employees of firms based in…

Read More Here

Visa beats profit estimates on travel, online spending boom

Visa Inc's quarterly profit topped Wall Street expectations, as a recovery in travel and an improving global economic picture drove volume growth at the world's largest payment processor. But cross-border…

Read More Here

Mastercard, Visa halt payments on Pornhub over allegations of child sex-abuse content

(Reuters) - Mastercard Inc and Visa Inc on Thursday stopped processing payments on Pornhub after a New York Times report last week that many videos posted on the adult website…

Read More Here

Visa profit falls 23% as payment volumes plunge

Visa Inc missed Wall Street estimates for fourth quarter profit on Wednesday, as high unemployment due to the coronavirus-induced recession continued to weigh on consumer spending. The payments processor said…

Read More Here

UK Government dismisses Sturgeon’s call for a Post-Brexit Scottish VISA

The UK Government has dismissed the FM's proposal which outlined how Scotland could allow migrants to work with a proposed Scotland-only visa system, despite the fact that the report was…

Read More Here

Visa backs payments start-up that powers popular fintech apps like Monzo and Revolut

Financial technology start-up Currencycloud, which powers cross-border payments for a number of popular finance apps, has raised $80 million in a funding round backed by Visa. Based in the U.K.,…

Read More Here

Russian billionaire Oleg Deripaska ‘stripped of Cyprus citizenship’ in clampdown on cash-for-visa scheme

Oleg Deripaska, a Russian billionaire with ties to the Kremlin, has had his Cypriot citizenship revoked as the island nation clamps down on abuse of its passport-for-investment programme, according to…

Read More Here

Visa discloses FTC probe on debit transactions

Visa Inc said the Federal Trade Commission (FTC) has initiated an inquiry into whether the payments processor’s actions prohibited merchants from using other debit payment networks. Bloomberg reported on Wednesday…

Read More Here

Saudi Arabia opens tourist visas to U.S., European visa holders

Tourist visas for Saudi Arabia are now available online and on arrival to holidaymakers who already hold a visa from the United States, Britain or the EU’s Schengen zone, expanding…

Read More Here

Mastercard, Visa and eBay quit Facebook’s proposed Libra global digital currency group

Facebook's proposed global digital currency has suffered a setback after major payment companies including Mastercard, Visa and eBay pulled out. Stripe and Latin American payments company Mercado Pago also announced…

Read More Here

China plans to restrict visas for U.S. visitors with ‘anti-China’ links

China is planning tighter visa restrictions for U.S. nationals with ties to anti-China groups, people with knowledge of the proposed curbs said, following similar U.S. restrictions on Chinese nationals. The…

Read More Here

U.S. issues visa for Iran’s Rouhani

The United States has issued visas allowing Iranian President Hassan Rouhani and Foreign Minister Mohammad Javad Zarif to travel to New York for the annual gathering of world leaders at…

Read More Here

Iran’s Rouhani may cancel U.N. visit if U.S. visa not issued soon

Iranian President Hassan Rouhani may cancel his appearance at the U.N. General Assembly meeting this month if the United States fails to issue visas for him and the foreign minister…

Read More Here

Switzerland introduces higher fees for Schengen visas

Switzerland has moved into line with European Union changes to Schengen visa applications that will raise the costs for adults and children aged between six and 12. Although Switzerland is…

Read More Here

EU Council adopts new visa regulations

The Council adopted amendments to the visa code regulation which will improve conditions for travellers and increase the tools available to tackle illegal migration. The new rules will provide faster…

Read More Here

UK to suspend top tier investor visas in drive to curb organised crime and money laundering

Britain will suspend its top tier investor visas, which require 2 million pounds ($2.55 million) in investment, as part of a drive to crack down on organized crime and money…

Read More Here

VISA’s payment network crashed across UK and parts of Europe

The Guardian reported that VISA’s payment network has crashed across the UK and Europe, sparking chaos as transactions are failing or being denied. The company confirmed that it is suffering an outage and…

Read More Here

Chelsea’s Abramovich visa renewal delayed amidst UK-Russia tensions

Chelsea Football Club owner Roman Abramovich UK visa renewal has met delays. The issue was highlighted because he was unable to attend the FA Cup final on Saturday in which…

Read More Here