2015 Press Releases

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05/28/15Visa Announces New Commercial Standard for Mobile Payments
Google’s Android Pay is the first partner to participate in the Visa Digital Enablement Program SAN FRANCISCO--(BUSINESS WIRE)--May 28, 2015-- Visa Inc. (NYSE:V) today announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new payment and commerce services. Visa's new Digital Enablement Program (VDEP) builds on the company's secure token technology and adds a turn-key, t... 
05/25/15FIDO Alliance Welcomes NTT DOCOMO to Board of Directors
NTT DOCOMO Becomes First Mobile Network Operator to Deploy FIDO(R) Authentication, Enabling a Password-Less Future for 65 Million Throughout Japan MOUNTAIN VIEW, CA -- (Marketwired) -- 05/25/15 -- The FIDO (Fast IDentity Online) Alliance (https://www.fidoalliance.org/), an industry consortium launched in 2013 to revolutionize online security with open standards for simpler, stronger authentication, has today announced that NTT DOCOMO has joined the board of directors. With this announcement, D... 
05/21/15FIDO Alliance Unveils Certification Testing Program for 1.0 Specification and Introduces 31 FIDO Certified(TM) Products
FIDO Certified(TM) Designation Ensures Interoperability of Products and Services That Support FIDO's Strong Authentication Standards MOUNTAIN VIEW, CA -- (Marketwired) -- 05/21/15 -- The FIDO (Fast IDentity Online) Alliance (https://www.fidoalliance.org/), an industry consortium launched in 2013 to revolutionize online security with open standards for simpler, stronger authentication, today introduced the FIDO Certified™ testing program, which is designed to measure compliance and ensure inte... 
05/19/15Visa Checkout Announces Enrolled Customer Conversion Rate of Nearly 70 Percent*
With increasing consumer engagement and higher order values, Visa Checkout merchant acceptance and consumer accounts continue to grow across the Web and on mobile devices SAN FRANCISCO--(BUSINESS WIRE)--May 19, 2015-- Visa Inc. today announced that more of the Internet’s top merchants will offer Visa Checkout, the online check out service that Visa launched less than a year ago. The newly announced merchants include: Dunkin’ Donuts, Fan... 
05/07/15Visa Analysis Shows Retail Spending Up in April Across Most Major Categories
Despite growth in 11 of 14 major purchase categories, a Visa survey finds more than half of consumers say they are pocketing savings from lower gasoline prices SAN FRANCISCO--(BUSINESS WIRE)--May 7, 2015-- Visa announced today that Americans modestly increased their spending in April, with growth across most major purchase categories, according to Visa’s Retail Spending Monitor (RSM), a quarterly report that tracks retail spending patterns bas... 
05/05/15Visa Inc. to Participate in Upcoming Investor Conferences
FOSTER CITY, Calif.--(BUSINESS WIRE)--May 5, 2015-- Visa Inc. (NYSE:V) today announced its participation in the following investor conferences in the month of May: On Tuesday, May 19, Ryan McInerney, President, will present at the J.P. Morgan 43rd Annual Technology, Media and Telecom Conference in Boston. The discussion will begin at 2:10 p.m. Eastern Time and last for approximately 40 minutes. On Wednesday, May 27, Charlie Scharf,... 
05/04/15Issuers Forecast U.S. Shift to Chip Cards To Be Nearly Complete by 2017
New Payments Security Task Force Survey Notes Accelerated Move Toward More Secure Technology NEW YORK--(BUSINESS WIRE)--The Payments Security Task Force (PST) today provided an update on financial institutions’ plans to issue chip-enabled credit and debit cards in the U.S., strengthening forecasts originally issued in August 2014. Eight financial institutions, representing approximately 50 percent of the total U.S... 
05/04/15Visa Launches Online Toolkit to Educate Business Owners on Benefits of Chip Technology
This new resource provides tips and training for merchants seeking a seamless transition to chip-enabled card readers SAN FRANCISCO--(BUSINESS WIRE)--May 4, 2015-- Visa Inc. (NYSE:V) today introduced a set of resources to help business owners manage the transition to chip technology for credit and debit cards. The toolkit, available at VisaChip.com/BusinessToolkit, provides merchants with a 10-step implementation guide, downloadable tools and ... 
04/30/15Visa Inc. Reports Fiscal Second Quarter 2015 Net Income of $1.6 billion or $0.63 per Diluted Share
FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 30, 2015-- Visa Inc. (NYSE: V) today announced financial results for the Company’s fiscal second quarter 2015. Net income for the quarter was $1.6 billion. Earnings per share was $0.63 (adjusted for the Company’s four-for-one class A common stock split on March 19, 2015), flat over the prior year period and reflective of the one-time favorable tax benefit of $201 million recognized in that period. All references... 
04/30/15Payments Industry Moves to Help Simplify Chip Card Acceptance
Payments Security Task Force, PCI Security Standards Council and the EMV Migration Forum Launch Educational and Pre-Qualification Process for Resellers and Software Vendors NEW YORK--(BUSINESS WIRE)--Apr. 30, 2015-- The Payments Security Task Force today joined with the PCI Security Standards Council and the EMV Migration Forum to launch a chip education curriculum and “pre-qualification” program to help streamline and simplify the EMV testing... 
04/30/15Visa Expands Global Technology Research; Hires Senior Scientist to Lead Visa Research Labs
Visa Research Labs, Visa’s expanded technology research division, will be led by Min Wang, former senior scientist and researcher at Google, HP Labs China and the IBM Watson Research Center. SAN FRANCISCO--(BUSINESS WIRE)--Apr. 30, 2015-- Visa Inc. (NYSE:V) today announced it is expanding its technology research capabilities globally and appointing Min Wang to Senior Vice President of Visa Research Labs. Min will report directly to Rajat Tanej... 
04/23/15Visa Inc. Declares Quarterly Dividend
FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 23, 2015-- Visa Inc. (NYSE:V) today announced that its board of directors declared a quarterly cash dividend of $0.12 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis) payable on June 2, 2015, to all holders of record of the Company's class A, B and C common stock as of May 15, 2015. About Visa Visa is a global payments ... 
04/01/15Visa Inc. To Announce Fiscal Second Quarter 2015 Financial Results on April 30, 2015
FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 1, 2015-- Visa Inc. (NYSE:V) will report its fiscal second quarter 2015 financial results on Thursday, April 30, 2015. The results, along with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website. Visa’s executive management team will then host a live audio webcast beginning at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss ... 
03/31/15Cost of High School "Promposals" Hits $324
Visa's Annual Survey Finds New Trend in High School Proms: Extreme Spending on Asking a Date to the Dance FOSTER CITY, Calif., March 31, 2015 /PRNewswire/ -- A new nationwide survey released today by Visa Inc., shows that the burgeoning phenomenon of "promposals" – elaborate invitations to the high school prom that can mirror a marriage proposal – are costing the average American household with teens a staggering $324 in 2015. Promposals have become significantly more extravagant in rec... 
03/23/15FIDO Alliance Members MedImpact and Nok Nok Labs to Deliver FIDO Authentication to Physicians, an Industry First for Healthcare
MOUNTAIN VIEW, CA -- (Marketwired) -- 03/23/15 -- The FIDO (Fast IDentity Online) Alliance (https://www.fidoalliance.org/), an industry consortium launched in 2013 to revolutionize online security with open standards for simpler, stronger authentication, today announced the first deployment of FIDO authentication for the healthcare industry. FIDO Alliance members MedImpact Healthcare Systems and Nok Nok Labs announced in other news today that MedImpact's Physician Access® Portal will deploy FI... 
03/13/15Visa Launches EMV Chip Education Tour for Small Businesses
20-city tour designed to help small businesses understand how and why they should prepare for accepting chip payment cards AUSTIN, Texas--(BUSINESS WIRE)--Mar. 13, 2015-- Visa Inc. (NYSE:V) today launched its 20-city tour to educate small businesses and consumers about payment card chip technology (also known as EMV technology). The Small Business Chip Education Tour will commence at the Greater Austin Hispanic Chamber of Commerce Small Business and ... 
03/02/15Visa, Pizza Hut and Accenture Develop Connected Car Commerce Experience
Leading global brands combine innovative payment and mobile technologies to create in-car purchase experiences that are secure, convenient and easy BARCELONA, Spain--(BUSINESS WIRE)--Mar. 2, 2015-- Visa Inc. (NYSE:V), Pizza Hut and Accenture (NYSE:ACN) today announced they are working together to develop a proof-of-concept connected car to test mobile and online purchases on the go. The connected car is expected to feature Visa Checkout, Visa’... 
03/02/15Visa and Airtel Extend Mobile Payments to Seven African Countries
BARCELONA, Spain--(BUSINESS WIRE)--Mar. 2, 2015-- Visa Inc. (NYSE:V) and Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa, today announced a partnership to bring innovative mobile payment services to seven markets in Africa including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania. Visa and Airtel will build on the existing capabilities of Airtel’s Mobile ... 
03/01/15Visa and Samsung Bring Mobile Payments to the New Samsung Galaxy S6
Visa technology facilitates secure consumer payments with the new Samsung Galaxy S6 Mobile payment service by Samsung available in the U.S. starting summer 2015 BARCELONA, Spain--(BUSINESS WIRE)--Mar. 1, 2015-- Visa Inc. (NYSE:V) today announced it is supporting consumer payments with the new Samsung Galaxy S6. Eligible consumers in the U.S. will be able to make secure Visa payments with Samsung Pay, Samsung’s new... 
02/27/15Visa to Acquire TrialPay
TrialPay’s Innovative Offers Platform Extends Visa’s Suite of Merchant Solutions FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 27, 2015-- Visa Inc. (NYSE:V), announced an agreement to acquire TrialPay, a privately held company with an offers platform that connects merchants with millions of consumers through targeted promotions. As a payments technology partner to merchants globally, Visa will integrate TrialPay into its product portfolio as a si... 
02/27/15Visa Inc. to Participate in Upcoming Investor Conferences
FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 27, 2015-- Visa Inc. (NYSE:V) today announced its participation in the following investor conferences in the month of March: On Tuesday, March 10, Bill Gajda, SVP Devices, Platforms & Mobile Operations, will present at the Keefe, Bruyette & Woods Cards, Payments & Financial Technology Symposium in New York. The discussion will begin at 9:40 a.m. Eastern Time and last for approximately ... 
02/26/15Visa Partners with Financial Institutions Across the Globe to Enable Mobile Payment Services
Visa Digital Solutions makes “wave-and-pay” with mobile phones a reality for consumers globally SAN FRANCISCO--(BUSINESS WIRE)--Feb. 26, 2015-- Visa Inc. (NYSE:V) today announced that it has partnered with several leading financial institutions around the world to offer new mobile payment services. BBVA and Cuscal launched new issuer-branded mobile payment applications for mobile devices running on the Android operating system. Additionally Ba... 
02/19/15Visa Extends Easy and Secure Online Payments to New Markets Through Roll-out of Visa Checkout
Consumers from 16 markets across the globe to be enabled to shop and pay using Visa Checkout SAN FRANCISCO--(BUSINESS WIRE)--Feb. 19, 2015-- Visa Inc. today announced that Visa Checkout will become available in a total of 16 markets in 2015, continuing the early momentum the product has seen since launching in three markets in the summer of 2014. “Visa Checkout has seen tremendous growth in the U.S., Canada and Australia in just... 
02/13/15Visa to Remove 16-Digit Account Number in Online and Mobile Payments
Company announces new deployments of Visa Token Service to protect consumer account information FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 13, 2015-- Visa Inc. (NYSE:V), the global leader in payments, today announced that it is expanding the use of new security technology that replaces the traditional 16-digit Visa account number with a unique series of numbers, helping to prevent exposure of sensitive consumer account information in online an... 
02/12/15Visa Launches Mobile Location Service to Improve Card Payment Experience When Traveling
New Mobile Location Confirmation service uses real-time, geo-location technology to prevent unnecessary purchase declines by as much as 30%1 SAN FRANCISCO--(BUSINESS WIRE)--Feb. 12, 2015-- Visa Inc., the global leader in payments, is introducing a new mobile service designed to reduce unnecessary purchase declines often triggered when consumers travel outside of their home area. Visa Mobile Location Confirmation uses mobile geo-location information t... 
02/10/15Visa Showcases Connected Commerce at Mobile World Congress 2015
Visa readies a futuristic glimpse into shopping experiences in the car, living room and retail spaces FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 10, 2015-- “Everywhere you want to be” is taking on new meaning for Visa as the global transition from plastic to digital payments accelerates, driven in large part by mobile connectivity. At Mobile World Congress next month (March 2-5, Hall 6, stand D40) in Barcelona, Spain, Visa will unveil its late... 
02/06/15Visa Pre-Sale Opens for FIFA Women’s World Cup Canada 2015™
SAN FRANCISCO--(BUSINESS WIRE)--Feb. 6, 2015-- Visa Inc. (NYSE:V), the global leader in payments, and FIFA’s exclusive payment services partner for the FIFA Women’s World Cup Canada 2015™, announced Visa cardholders will have exclusive access to pre-sale individual tickets for the FIFA Women’s World Cup Canada 2015™ to be held in six Canadian cities this summer. As of 12 noon EST (9 a.m. PST) today, Visa cardholders can purchase tickets on... 
02/02/15Visa Inc. Appoints Vasant M. Prabhu as Chief Financial Officer
FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 2, 2015-- Visa Inc. (NYSE:V) today announced the appointment of Vasant M. Prabhu as Executive Vice President and Chief Financial Officer, effective February 9, 2015. Prabhu succeeds Byron Pollitt, who previously announced his intent to retire. “After a thorough global search, we are thrilled to have Vasant join the Visa leadership team,” said Charlie Scharf, Chief Executive Officer of Visa Inc. “V... 
02/02/15Visa Inc. to Participate in Upcoming Investor Conferences
FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 2, 2015-- Visa Inc. (NYSE:V) today announced its participation in the following investor conferences in the month of February: On Monday, February 9, Jim McCarthy, SVP Global Head of Innovation & Strategic Partnerships, will present at the Stifel Technology, Internet & Media Conference in San Francisco. The discussion will begin at 11:30 a.m. Pacific Time and last for approximately 30 minu... 
01/29/15Visa Inc. Reports Fiscal First Quarter 2015 Net Income of $1.6 billion or $2.53 per Diluted Share and Announces a Four-for-One Stock Split
FOSTER CITY, Calif.--(BUSINESS WIRE)--Jan. 29, 2015-- Visa Inc. (NYSE:V) today announced financial results for the Company’s fiscal first quarter 2015. Net income for the quarter was $1.6 billion, an increase of 11% over the prior year, or $2.53 per share, an increase of 15% over the prior year. All references to earnings per share assume fully-diluted class A share count unless otherwise noted. Net operating revenue in the fiscal first quarter o... 
01/28/15Visa Inc. Declares Quarterly Dividend
FOSTER CITY, Calif.--(BUSINESS WIRE)--Jan. 28, 2015-- Visa Inc. (NYSE:V) today announced that its board of directors declared a quarterly cash dividend of $0.48 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis) payable on March 3, 2015, to all holders of record of the Company’s class A, B and C common stock as of February 13, 2015. About Visa Visa is a global pay... 
01/28/15FIDO Alliance Announces New Leadership Team for 2015
MOUNTAIN VIEW, CA -- (Marketwired) -- 01/28/15 -- The FIDO (Fast IDentity Online) Alliance (https://www.fidoalliance.org/), an industry consortium launched in 2013 to revolutionise online authentication with open standards for simpler, stronger authentication, today announced the result of their annual officer election, including new president Dustin Ingalls of Microsoft, and the appointment of the organization's first executive director, Brett McDowell. In addition to appointing first-time o... 
01/05/15Visa Inc. To Announce Fiscal First Quarter 2015 Financial Results on January 29, 2015
FOSTER CITY, Calif.--(BUSINESS WIRE)--Jan. 5, 2015-- Visa Inc. (NYSE:V) will report its fiscal first quarter 2015 financial results on Thursday, January 29, 2015. The results, along with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website. Visa’s executive management team will then host a live audio webcast beginning at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss... 

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