2012 Press Releases

Press Release Archive  |  2014  |  2013  |  2012  |  2011  |  2010  


DateTitle
12/21/12Visa Inc. Responds to Sandy Hook School Tragedy
FOSTER CITY, CA, December 21, 2012 – Visa Inc. (NYSE:V) today announced a donation of $50,000 to the Sandy Hook School Support Fund, which has been established by the United Way of Western Connecticut to help provide support services to the families and community that have been affected. As part of Visa's response, interchange fees on U.S. domestic transactions will be waived through February 15, 2013 on donations made to the Sandy Hook School Support Fund at the United Way of Western Connecticu... 
12/17/12Visa Inc. Survey Finds 73% of Consumers Still Have Christmas Gifts to Buy
For Procrastinators, 'Panic Shopping' Sets In; Last-Minute Shoppers Will Spend an Average of $304 FOSTER CITY, Calif., Dec. 17, 2012 /PRNewswire-USNewswire/ -- A new survey released by Visa Inc. shows that 73% of consumers still haven't finished shopping for Christmas gifts. These last-minute shoppers will spend an average of $304 in the final days leading up to Christmas. Based on 1,007 telephone interviews conducted nationally between December 14 – 16 by GfK Roper OmniTel, Visa's... 
12/12/12Visa Launches New Payment Service in India – Links Indian Unique Identification with Visa Accounts
New account will deliver financial services system to tens of millions of unbanked citizens Delhi, INDIA, December 12, 2012 – Visa today announced a partnership with five of India's leading banks to provide Adhaar holders, the Indian national identity system, access to a Visa account. The system will provide tens of millions of Indians with access to financial services and electronic payments for the first time. The new account, called "Saral Money" uses biometric information, such as fingerpri... 
12/12/12Visa Announces Retirement of John Partridge, President of Visa Inc.
FOSTER CITY, Calif.--(BUSINESS WIRE)--Dec. 12, 2012-- Visa Inc. (NYSE: V) today announced that John Partridge will retire as the company's president, effective March 31, 2013. In this role, Partridge leads the company's technology, emerging product, processing and client services functions. Additionally, he spear-headed the integration of recent acquisitions, including CyberSource, PlaySpan and Fundamo. John will continue to manage his portfolio of responsibilities through March, 2013 and work... 
12/10/12Rwanda Reaps the Benefits of Electronic Financial Services
Kigali, Rwanda – 11 December 2012 - Visa’s efforts to spread cashless commerce across Africa are making headway, with Rwanda in particular set to reap the benefits from the expansion of electronic payment services to local consumers, businesses, and foreign tourists. Under a 2011 Charter of Collaboration with the Government of Rwanda, Visa agreed to lay the foundation for an electronic payment network, promote electronic payment innovation and fund and promote training programs around financia... 
11/28/12Bank of America® Piloting V.me by Visa to Online Banking Customers
Tweet this: #BofA will offer #V.me by #Visa service to customers #payments #innovation FOSTER CITY, Calif. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Nov. 28, 2012-- Visa Inc. (NYSE: V) announced today that Bank of America (NYSE:BAC) has agreed to offer Visa’s digital wallet service called V.me and has begun piloting it to its online banking customers. This service gives customers the ability to make simple and secure online payments without ... 
11/27/12Online Purchases with U.S.-Issued Visa Cards Top $5 Billion Over Thanksgiving Weekend
Tweet this: Holiday 2012 U.S. #eCommerce volume from #Visa account holders rose 20 percent from 2011 FOSTER CITY, Calif.--(BUSINESS WIRE)--Nov. 27, 2012-- Visa Inc. (NYSE: V) today reported consumers kicked off the holiday shopping season with a bang, spending a record $5 billion online over the four day period, starting with Black Friday through CyberMonday. Consumers with U.S.-issued Visa cards drove an increase in eCommerce volume of 20 percent over the same period in 2011. "CyberMonday w... 
11/26/12New Visa Consumer Authentication Service Combats eCommerce Fraud
Visa information product provides powerful online fraud detection while minimizing friction for eCommerce transactions FOSTER CITY, Calif., Nov. 26, 2012 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced a new solution in its information products line up to help issuers reduce the risk of eCommerce fraud using real-time, risk-based transaction analysis. Called the Visa Consumer Authentication Service, the solution is designed to seamlessly support an issuer's Three Domain Secure (3-D Secure... 
11/26/12Visa and NetHope Partner to Help Modernize Delivery of Humanitarian Aid
New Visa Innovation Grants to help humanitarian and development organizations electronify payments to increase speed, safety and long-term impact of health, food security and poverty-alleviation programs FOSTER CITY, Calif. & WASHINGTON--(BUSINESS WIRE)--Nov. 26, 2012-- Visa Inc. (NYSE: V), the leading global payments technology company, and NetHope, a consortium of 37 humanitarian organizations, today announced the Visa Innovation Grants program to help modernize humanitarian aid payment... 
11/19/12Visa and QIWI Create Strategic Alliance to Grow Electronic Payments
Moscow, 19 November 2012 QIWI, a leading electronic payments provider in Russia, and Visa introduce a co-branded product that combines the QIWI digital wallet with Visa payment functionality and services Visa Inc. (NYSE:V) and QIWI Limited, a leading provider of payment services in Russia, have formed a strategic alliance to introduce a digital wallet that will enable consumers to access a wide variety of electronic payment options. The wallet builds on the existing, successful relationship be... 
11/15/12Fundamo Reports Accelerated Mobile Financial Services Growth in Africa
In Africa, Fundamo now powers 27 deployments in 19 countries. Cape Town, South Africa, November 13th, 2012: Fundamo, a Visa Inc. company and a leading specialist mobile financial service provider, today reported accelerated growth of mobile financial services in Africa. In 2012, Fundamo has launched three new services – FirstMonie with First Bank Nigeria in Nigeria and Celpay with Celpay International in Uganda and Zimbabwe. Fundamo now supports a total of 27 deployments in 19 countries across... 
11/13/12More than 50 Financial Institutions Adopt V.me by Visa, Simplifying Online Holiday Shopping
Tweet this: More than 50 financial institutions adopt V.me by #Visa, simplifying online holiday shopping for as many as 55 million people #digitalwallet FOSTER CITY, Calif.--(BUSINESS WIRE)--Visa Inc. (NYSE: V) today expanded the reach of V.me by Visa, landing more than 50 additional financial institution partners. V.me, Visa's new digital wallet service, frees online shoppers from having to repeatedly enter account number, bill-to and ship-to information at checkout. This will change the way t... 
10/31/12Visa Inc. Responds to Hurricane Sandy
FOSTER CITY, CA, October 31, 2012 – Visa Inc. (NYSE:V) today announced a comprehensive commitment to help those impacted by Hurricane Sandy. To support the immediate relief and recovery efforts, Visa is contributing $300,000 to the American Red Cross. Visa also will match employee donations to disaster relief efforts on a two-to-one basis through the end of November.  As part of Visa's response, interchange fees on domestic Visa transactions will be waived through the end of Novem... 
10/31/12Visa Inc. Posts Strong Fiscal Fourth Quarter and Full-Year 2012 Adjusted Earnings Results and Announces New $1.5 billion Share Repurchase Program
FOSTER CITY, Calif., Oct. 31, 2012 /PRNewswire/ -- Adjusted quarterly net income of $1 billion or $1.54 per diluted class A common share, excluding special item Adjusted full-year 2012 net income of $4.2 billion or $6.20 per diluted class A common share, excluding special items GAAP quarterly net income of $1.7 billion or $2.47 per diluted class A common share, including special item Full-year 2012 GAAP net income, including special items, was $2.1 billion or $3.16 per diluted cl... 
10/24/12Visa Inc. Declares Quarterly Dividend, Increases Dividend Rate by 50% and Announces Record Date for the 2013 Annual Meeting of Stockholders
FOSTER CITY, Calif., Oct. 24, 2012 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced that its board of directors had declared a 50% increase in the quarterly dividend aggregate amount on its class A common stock (determined in the case of class B and class C common stock on an as-converted basis) from $0.22 per share to $0.33 per share, payable on December 4, 2012, to all holders of record of the Company's class A, class B and class C common stock as of November 16, 2012. The quarterly di... 
10/24/12Visa Announces CEO Succession Plan, Charles W. Scharf to Become Chief Executive Officer; Joseph W. Saunders to Serve as Executive Chairman
SAN FRANCISCO, Oct 24, 2012 (BUSINESS WIRE) --Visa Inc. (NYSE: V) today announced that the company's Board of Directors has elected Charles W. Scharf, formerly Chief Executive Officer of Retail Financial Services for JPMorgan Chase & Co. (JPMorgan Chase), to succeed Joseph W. Saunders as Visa's Chief Executive Officer, effective November 1, 2012. Mr. Scharf is a former director of Visa Inc. (and its predecessor Visa U.S.A). Mr. Saunders, who has served as the company's CEO since 2007, will c... 
10/23/12U.S. Bank to Offer V.me by Visa Making It Easier for Customers to Pay for Online Purchases With Their Visa Debit or Credit Cards
MINNEAPOLIS & FOSTER CITY, Calif.--(BUSINESS WIRE)--U.S. Bank is giving its customers access to Visa’s new digital wallet service, V.me by Visa, making online purchases simple and secure because customers do not need to repeatedly enter account number, bill-to and ship-to information. U.S. Bank customers will be able to enroll their existing Visa and other payment card accounts, allowing them to pay online by simply entering a user name and password at checkout, whether transacting on a PC... 
10/23/12Visa Study Reveals Mobile Money Drives Demand for Financial Services
Multi-country study reveals sophisticated payment needs and behaviors of unbanked consumers in developing economies. Preventing theft, ability to send money quickly drives mobile money adoption. MILAN & FOSTER CITY, Calif., Oct 23, 2012 (BUSINESS WIRE) --Visa Inc. (NYSE:V) and Fundamo, the Visa-owned mobile money platform, today announced the results of a study that reveals consumers in six developing countries are already highly aware of mobile money services - the ability to make payments ... 
10/22/12Visa and Chexar® Introduce Remote Deposit Capture, Offering Prepaid Users Immediate Access to Funds
Tweet this: #Prepaid users can deposit checks with their #mobile device thanks to new service from #Visa and @Chexar FOSTER CITY, Calif., Oct 22, 2012 (BUSINESS WIRE) --Visa Inc. (NYSE: V) and Chexar Networks, Inc. ("CHEXAR") announced today the launch of a network platform to digitize traditional banking services for consumers. Initially, the platform will enable millions of Visa prepaid users to deposit paper checks to their reloadable Visa prepaid card using their mobile device, by simp... 
10/17/12Visa Estimates $109.1 Trillion in Global Commercial Spend in 2011
Tweet this: #Visa estimates global commercial spend surpassed $100 trillion for the first time ever @VisaNews FOSTER CITY, Calif., Oct 17, 2012 (BUSINESS WIRE) --Visa Inc. (NYSE: V) today released the annual global Commercial Consumption Expenditure (CCE) index, which estimates that global commercial spending reached $109.1 trillion in 2011. This represents 12 percent growth from the $97.4 trillion spent in 2010 and marks the first time since Visa created the CCE in 2004 that this spending s... 
10/15/12PNC Bank and Visa Team Up to Simplify Online Purchases
- PNC becomes first U.S. bank to offer V.me by Visa; Provides customers simple, secure online checkout process - PITTSBURGH, PA and FOSTER CITY, CA, October 15, 2012 – PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. (NYSE: PNC) and Visa Inc. (NYSE:V) today announced the availability of V.me by Visa to more than 1.2 million PNC Virtual Wallet® customer accounts, with a commitment to make V.me available to more than 6.3 million accounts in 2013. PNC is the first U.S. bank t... 
10/15/12V.me by Visa Adds More Top eCommerce Retailers, Simplifying Checkout for Consumers
Tweet this: The list of merchants accepting V.me by Visa is growing quickly. Next up, @1800Flowers #eCommerce #Visa FOSTER CITY, Calif., Oct 15, 2012 (BUSINESS WIRE) --Visa Inc. (NYSE: V) and 1-800-FLOWERS.COM (NASDAQ: FLWS) today announced V.me by Visa will be offered as a checkout option on the site, allowing shoppers a simple and secure way to make purchases online. 1-800-FLOWERS.COM joins a list of many V.me eCommerce merchants, making the digital wallet service more broadly available so... 
10/10/12Alison Kutler Joins Visa as Head of Government Policy for the Americas
FOSTER CITY, Calif., Oct 10, 2012 (BUSINESS WIRE) --Visa Inc. (NYSE: V) today announced the appointment of Alison Kutler as Head of Government Policy for the Americas. In this newly created role, Ms. Kutler will lead Visa’s government relations efforts in the United States, Canada and Latin America and will be responsible for developing and managing the company’s legislative and regulatory strategy for these markets. She will direct the development of V... 
09/27/12Visa Inc. To Announce Fiscal Fourth Quarter and Full-Year 2012 Financial Results on October 31, 2012
SAN FRANCISCO, Sept. 27, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYSE: V) will report its fiscal fourth quarter and full-year 2012 financial results on Wednesday, October 31, 2012. 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 the financial results and ... 
09/19/12Empowering People One Transaction at a Time: Leading Corporations, Foundations and Development Organizations Form "Better Than Cash Alliance" to Accelerate Global Shift to Electronic Payments
New Report says Electronic Payments can lift Millions out of Poverty; Peru, Kenya, Colombia, and Republic of Philippines First Governments to Make Commitments NEW YORK, September 19, 2012 - The U.N. Capital Development Fund (UNCDF), U. S. Agency for International Development (USAID), The Bill & Melinda Gates Foundation, Citi (NYSE: C), Ford Foundation, Omidyar Network, and Visa Inc. (NYSE: V) announced today the launch of the Better Than Cash Alliance. The new initiative will call on govern... 
09/10/12Visa Kicks Off NFL Season With Introduction of Targeted Offers Program to Enhance NFL Fan Experience
Unique Visa NFL Fan Offers and Experiences Brought to Life in Series of Ads featuring NFL Stars and Legends Including Ray Lewis, Jim Harbaugh and John Madden SAN FRANCISCO, Sep 10, 2012 (BUSINESS WIRE) --Visa Inc. (NYSE: V), a proud sponsor of the NFL since 1995, marked the kickoff of the 2012-2013 NFL season with the introduction of Visa NFL Fan Offers, a new program that uses real-time communications to give enrolled Visa cardholders a chance to win exclusive NFL-related experiences as wel... 
09/06/12Neiman Marcus and Visa Personalize the Shopping Experience With Mobile Messaging
Tweet This: Personal Shopping Elevated with #nmbuzz http://www.neimanmarcus.com/nmbuzz from @NeimanMarcus and @VisaNews SAN FRANCISCO, Sep 06, 2012 (BUSINESS WIRE) --Neiman Marcus, Inc. is working with Visa Inc. (NYSE: V) to test a new Neiman Marcus mobile offers program that connects fashion-minded shoppers to real-time offers from the national luxury retailer. The new program, nmbuzz (http://www.neimanmarcus.com/nmbuzz), delivers offers, up-to-the-minute fashion news from Neiman Marcus exp... 
09/04/12Visa Inc. Announces Participation in Two Investor Conferences in September
SAN FRANCISCO, Sept. 4, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYSE: V) announces its participation in the following investor conferences: On Tuesday, September 11, Byron Pollitt, Chief Financial Officer, will present at the Deutsche Bank dbAccess 2012 Technology Conference in Las Vegas. The discussion will begin at 1:00 p.m. Pacific Time and last for approximately 45 minutes. On Thursday, September 13, Michael Walsh, President & CEO CyberSource Corporation, will present at the Gol... 
08/22/12Visa and IDB Partnership Brings Financial Inclusion to Complexo do Alemão in Brazil
Sao Paulo, August 22, 2012 – Visa Inc. and the Inter-American Development Bank (IDB) today announced an unprecedented partnership to promote financial inclusion for residents of Complexo do Alemão, a cluster of favelas located in Rio de Janeiro. As part of this partnership, Visa and IDB will develop innovative local solutions that will allow the community to access the formal financial system and its benefits, as well as provide individuals and small businesses the information and education need... 
08/21/12Visa to Launch Encryption Service to Help Protect Sensitive Cardholder Data and Improve Merchant Security
Visa encryption service to be available to merchants, acquirers and processors in 2013 SAN FRANCISCO, Aug. 21, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYSE: V) today announced a new service, Visa Merchant Data Secure with Point-to-Point Encryption, to help acquirers and their merchants protect payment card data. Visa will make the service available to acquirers and their merchants by early 2013. Visa is currently working with acquirers, processors and payment technology vendors to provide s... 
08/09/12Visa Unveils Two Real-Time Congratulatory Commercials Following Gold Medal Performances by Team Visa Athletes, Kerri Walsh & Misty May-Treanor and Allyson Felix
Special Edition Go World Congratulatory Advertisements Feature Fan Video and Photo Cheers SAN FRANCISCO, Aug 09, 2012 (BUSINESS WIRE) --Visa, a Worldwide Olympic Games Sponsor for 26 years, introduced two new congratulatory advertisements last evening celebrating three-time Olympic gold medalists Kerri Walsh and Misty May-Treanor and first-time individual gold medalist Allyson Felix. Kerri and Misty secured their third consecutive beach volleyball Olympic gold medal and Allyson captured a go... 
08/07/12Visa Account Holders Contribute $1.4 Billion to UK Tourism Economy During the London 2012 Olympic Games
Week two of Olympic Games brings additional $716.7 million in spend on Visa accounts Tweet This: #London2012 travelers spent US$1.4B on #Visa accounts during first two weeks of #Olympic Games LONDON, Aug 07, 2012 (BUSINESS WIRE) --According to Visa Inc. (NYSE:V), international travelers spent an additional US$716.7 million on their Visa accounts while in the United Kingdom during the second week of the London 2012 Olympic Games (Jul... 
08/01/12International Travelers Spent $700 Million on Their Visa Accounts During Opening Week of London 2012 Olympic Games
Visitors from the United States, Japan and France Drive Largest Economic Impact Tweet This: #Travelers Spent $700 Million USD on #Visa Accounts During #London2012 Olympic Games Opening Week LONDON, Aug 01, 2012 (BUSINESS WIRE) --According to Visa Inc. (NYSE:V), international visitors to the London 2012 Olympic Games spent nearly US $700 million on their Visa accounts during the opening week (July 23 - 29). The biggest Visa spenders were from the United States, followed by Japan, France, It... 
08/01/12Visa Canada Survey Uncovers This Year's Spending Trends for Back-to-School Shopping
TORONTO, Aug. 1, 2012, 2012 (Canada NewsWire via COMTEX) --As summer rolls into August, students across the country will soon begin preparing for another school year - stocking up on everything from textbooks to tablets, and spending an average of $677 between now and Labour Day. Commissioned by Visa Canada, this year's back-to-school survey reveals that overall, shoppers are heading online, lured by the promise of lower prices (60 per cent) and better sales/promotions (54 per cent)... 
08/01/12Visa Celebrates Michael Phelps as Most Decorated Olympian of All-Time with Real-Time Congratulatory Commercial
Select U.S. Fans Who Joined "Global Cheer" Appear in Special Edition Go World Commercial on NBC During Olympic Games Programming SAN FRANCISCO, Aug 01, 2012 (BUSINESS WIRE) --Visa, a Worldwide Olympic Games Sponsor for 26 years, introduced a new congratulatory advertisement celebrating 19-time Olympic medalist Michael Phelps as the most decorated Olympian of all-time. With last night's gold medal win in the 4 x 200m freestyle relay, Phelps upped his Olympic medal total to 19, besting the rec... 
07/27/12Visa’s Go World Campaign Generates More Than 28 Million Cheers Prior to London 2012 Olympic Games in 11 Weeks
Most Cheers Pour out of US, Brazil, Russia, Canada, Mexico, Japan and Australia SAN FRANCISCO, Jul 27, 2012 (BUSINESS WIRE) --Visa announced today that its largest global and most social marketing campaign in the company’s history has generated a record 28 million cheers prior to the London 2012 Olympic Games. Visa reports that the top seven most-active “cheering” countries are the United States, Brazil, Russia, Canada, Mexico, Japan, and Australia. Go World encourages consumers to cheer v... 
07/25/12Visa Inc. Posts Strong Fiscal Third Quarter 2012 Earnings Results and Authorizes New $1 Billion Share Repurchase Program
- Adjusted quarterly net income of $1.1 billion or $1.56 per diluted class A common share excluding a litigation provision and related tax benefit - GAAP quarterly net loss of $1.8 billion inclusive of a litigation provision of $4.1 billion covered under the Company's Retrospective Responsibility Plan - The Company authorized a new $1 billion share repurchase program and deposited $150 million into the litigation escrow SAN FRANCISCO, July 25, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYS... 
07/23/12Visa Showcases the Future of Payments at the London 2012 Olympic and Paralympic Games
LONDON, July 23, 2012 – Visa, a worldwide partner of the London 2012 Olympic and Paralympic Games, today announced that during the London 2012 Games, it will showcase the latest payment innovations that are transforming the way people pay and manage their money. Among the new ways to pay, Visa will showcase payments via mobile phone and chip-enabled payment cards that allow for faster, more convenient and secure transactions at thousands of retail locations throughout London and Olympic venues. ... 
07/19/12Visa Inc. Declares Quarterly Dividend and Announces Decision to Fund Litigation Escrow Account
SAN FRANCISCO, July 19, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYSE: V) today announced that its board of directors had declared a quarterly dividend in the aggregate amount of $0.22 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 September 4, 2012, to all holders of record of the Company's class A, class B and class C common stock as of August 17, 2012. In addition, the Company announced it had decided to d... 
07/13/12Visa, U.S. Retailers Resolve Claims in the Federal Multi-District Interchange Litigation
SAN FRANCISCO, July 13, 2012 /PRNewswire via COMTEX/ --Visa (NYSE: V), MasterCard and U.S. financial institution defendants have signed a memorandum of understanding to enter into a settlement agreement to resolve the Class Plaintiffs' claims in the multi-district interchange litigation (MDL). The claims originally were brought by a class of U.S. retailers in 2005. Visa also has reached an agreement in principle to resolve the claims brought against Visa by a group of individual retailers (th... 
06/29/12Visa Inc. To Announce Fiscal Third Quarter 2012 Financial Results on July 25, 2012
SAN FRANCISCO, June 29, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYSE: V) will report its fiscal third quarter 2012 financial results on Wednesday, July 25, 2012. 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 the financial results and business highlights... 
06/27/12New Visa Service Streamlines Small Business Expense Management
Visa Payment Controls enables small business owners to have more control on how employees use company cards SAN FRANCISCO, Jun 27, 2012 (BUSINESS WIRE) --Visa Inc. (NYSE:V) today launched Visa Payment Controls, an online platform designed to enable small business owners to effectively manage how, when and where transactions and payments are made on employees' business cards. The new service brings enhanced efficiencies and transparency to tradit... 
05/31/12Visa Inc. to Present at the William Blair & Company's Growth Stock Conference
SAN FRANCISCO, May 31, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYSE:V) announced today that John Partridge, President, will present at the William Blair & Company's Growth Stock Conference in Chicago on Tuesday, June 12, 2012. The presentation will begin at 11:30 a.m. Central Daylight Time and last for approximately 30 minutes. A listen-only audio webcast and replay will be accessible for 30 days on the Investor Relations web site at http://investor.visa.com. About Visa Inc. Visa ... 
05/09/12Samsung and Visa Showcase Mobile Payments at the London 2012 Olympic and Paralympic Games
NFC technology takes a leap forward in the form of the Samsung GALAXY S III with Visa mobile contactless payments LONDON & SEOUL & NEW ORLEANS, May 09, 2012 (BUSINESS WIRE) --Samsung Electronics and Visa today announced that the Samsung GALAXY S III, the latest in smartphone innovation, will be Samsung's Olympic Games Phone during the London 2012 Games. A limited edition showcase device enabled with Visa's mobile payment application, Visa pay... 
05/07/12Visa Raises "No Signature" Limit to $50 to Increase Merchant Efficiency & Consumer Convenience
Visa Also Streamlines Dispute Resolution Process to Reduce Merchant Fraud Management Costs SAN FRANCISCO, May 7, 2012 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced plans to raise its Visa Easy Payment Service "no signature required" limit from $25 to $50 for two key U.S. merchant categories. Starting in October 2012, discount stores and grocery stores/supermarkets in the U.S. can accept Visa cards for transactions up to $50 without requiring a cardholder signature or PIN, or providing... 
05/07/12Visa Rallies Fans to Join Worldwide Cheer with Launch of Global Olympic Games-Themed Marketing Campaign - Go World
Integrated Marketing Campaign Features Social Media Extensions, Advertising and Promotions Spanning More Than 70 Countries Select U.S. Fan Cheers to Appear in Commercials during Olympic Games SAN FRANCISCO, May 07, 2012 (BUSINESS WIRE) --Visa Inc. (NYSE: V), is inviting fans around the world to use social media to "cheer" their favorite Team Visa Olympic and Paralympic hopefuls to victory at the London 2012 Olympic and Paralympic Games. The "global cheer" is at the core of Visa's Olymp... 
05/04/12Visa Inc. Announces Participation in Four Investor Conferences in May
SAN FRANCISCO, May 4, 2012 /PRNewswire/ -- Visa Inc. (NYSE: V) announced its participation in the following investor conferences in the month of May: On Tuesday, May 8, Jim McCarthy, Head of Global Product, will participate on an emerging payments panel at the Morgan Stanley Services Summit in New York.  The discussion will begin at 12:05 p.m. Eastern Time and last for approximately 55 minutes. On Wednesday, May 9, Joseph Saunders, Chairman and CEO, will present a keynote discussion a... 
05/02/12Visa Inc. Posts Strong Fiscal Second Quarter 2012 Earnings Results
-- GAAP quarterly net income of $1.3 billion including non-cash tax benefit -- Adjusted quarterly net income of $1.1 billion or $1.60 per diluted class A common share excluding non-cash tax benefit ... 
04/26/12Visa Inc. Declares Quarterly Dividend
SAN FRANCISCO, April 26, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYSE: V) today announced that its board of directors had declared a quarterly dividend in the aggregate amount of $0.22 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 5, 2012, to all holders of record of the Company's class A, class B and class C common stock as of May 18, 2012. About Visa Visa is a global payments technology company t... 
04/24/12Government E-Payments Adoption Improves Globally According to Visa-sponsored Economist Intelligence Unit Study
SAN FRANCISCO, Apr 24, 2012 (BUSINESS WIRE) --The Economist Intelligence Unit (EIU) today released the results of the 2011 Government E-Payments Adoption Ranking (GEAR) study, commissioned by Visa Inc. (NYSE:V). The GEAR study measures the extent to which governments in 62 countries provide e-payment services and the underlying factors that affect government e-payments adoption. It builds on an initial study conducted in 2007 with new findings that highlig... 
04/23/12Federal Reserve Bank of Chicago and Visa Inc. Host Sixth Annual Global Summit on Financial Literacy
Financial Literacy Barometer for 28 nations released; Brazil ranks first in financial education; United States fourth Chicago, Ill. – April 23, 2012 –The Federal Reserve Bank of Chicago and Visa Inc. convened their annual summit on financial literacy today, moderated by Kiplinger’s Personal Finance Magazine Editor Janet Bodnar, featuring Gail Hillebrand of the U.S. Consumer Financial Protection Bureau, Governor José Darío Uribe of the Colombian Central Bank and Canadian Parliamentary Finance ... 
04/17/12Timeshare Owners Beware: Resale Scams Could Cost You
Visa and the U.S. Federal Trade Commission Join Forces to Educate Consumers SAN FRANCISCO, April 17, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYSE: V) and the U.S. Federal Trade Commission are working together to raise consumer awareness around timeshare resale fraud typically occurring on payment cards. According to the FTC, the number of consumer complaints about timeshare resale the agency received has more than doubled in recent years. Here's how the scam works: A timeshare property o... 
04/12/12Visa, Women's World Banking, Diamond Bank and EFInA Partner to Advance Financial Inclusion for Women in Nigeria
Partnership Will Deliver Innovative Savings Program Through Traditional and Mobile Channels; Help Nigerian Government Deliver on National Financial Inclusion Goals NEW YORK, NY, Apr 12, 2012 (MARKETWIRE via COMTEX) --Visa Inc. (NYSE: V), Women's World Banking, Diamond Bank and Enhancing Financial Innovation & Access (EFInA) today announced that they are partnering to advance financial inclusion in Nigeria for underserved women and provide them an opportunity to become economically an... 
04/11/12Visa Strategy Manager Boosts Issuer Fraud Detection
Helps issuers better pinpoint and stop fraud before it happens SAN FRANCISCO, April 11, 2012 /PRNewswire/ -- Visa Inc. (NYSE: V) announced today a new global solution called Visa Strategy Manager to help financial institutions create and implement strategies for identifying and stopping fraudulent transactions in real-time at the check-out. Through this service, financial institutions will benefit from Visa's cutting-edge, patent-pending algorithms, which help detect fraud patterns. Using ... 
04/09/12Visa Inc. To Announce Fiscal Second Quarter 2012 Financial Results on May 2, 2012
SAN FRANCISCO, April 9, 2012 /PRNewswire/ -- Visa Inc. (NYSE: V) will report its fiscal second quarter 2012 financial results on Wednesday, May 2, 2012. The results will be included in a press release, with accompanying financial information that 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 the financial res... 
03/30/12Travel Spend Climbs to Pre-Recession Levels According to Visa Insights
Brazil proves to be a formidable contributor to the global tourism economy, increasing outbound spend by 32 percent SAN FRANCISCO--(BUSINESS WIRE)--Mar. 30, 2012-- Visa Inc. (NYSE:V) today released its 2011 Travel Snapshot reports highlighting key spend insights from Visa account holders traveling to and from the United States, Canada, Mexico and Brazil. According to VisaVue® Travel data, Visa account holders from these countries conti... 
03/28/12Visa Appoints Retail Veteran to Lead Its Credit and Debit Product Business in North America
Kevin Knight joins from Nordstrom, bringing extensive retail and financial institution experience to new role SAN FRANCISCO--(BUSINESS WIRE)--Mar. 28, 2012-- Visa Inc. (NYSE: V) ("Visa") today announced the appointment of Kevin Knight as the company's Head of Credit and Debit Products, North America. In this role, Mr. Knight will be responsible for managing development and growth of Visa's consumer credit, debit and small business product suite. Mr. Knight joins Visa from Nordstrom, one of t... 
03/05/12Visa Inc. to Present at the Credit Suisse Annual Global Services Conference and the Barclays Capital Emerging Payments Forum
SAN FRANCISCO, March 5, 2012 /PRNewswire/ -- Visa Inc. (NYSE: V) announced its participation in the following investor conferences: On Tuesday, March 13, Byron Pollitt, Chief Financial Officer, will present at the Credit Suisse Annual Global Services Conference in Scottsdale, Arizona.  The discussion will begin at 3:30 p.m. Mountain Time (5:30 p.m. Eastern Time) and last for approximately 30 minutes. On Thursday, March 29, Bill Gajda, Head of Global Mobile Product, will present at the B... 
02/29/12Orange to Offer Visa Mobile Prepaid Accounts to Orange Money Customers in Africa and the Middle East
Orange Money customers will have access to a Visa prepaid account The service enables Orange, in partnership with financial institutions, to offer Visa prepaid account services on mobile phones to unbanked and under-banked consumers BARCELONA, Spain--(BUSINESS WIRE)--Feb. 29, 2012-- France Telecom-Orange (NYSE: FTE) and Visa Inc. (NYSE: V) today announced that Orange Money customers will soon have acces... 
02/27/12Vodafone and Visa Announce World's Largest Mobile Payments Partnership
Barcelona, February 27, 2012 - Vodafone and Visa today announced a worldwide partnership to enable consumers to pay for goods and services using their mobile phones instead of coins and banknotes. The companies will work together to develop a Vodafone-brandedproposition that will be offered to consumers across Vodafone's 398-million customer base in more than 30 countries across five continents, enabled by Visa's outstanding payment network, product suite and brand. The partnership - the larges... 
02/27/12Visa and Intel Form Strategic Alliance to Advance Mobile Commerce
Multi-device, multi-year agreement to develop mobile commerce solutions for smartphones and tablets; Intel Smartphone Reference Device certified for use with Visa payWave Barcelona, February 27, 2012 - Visa Inc. (NYSE:V) and Intel Corporation today announced a strategic agreement to develop mobile commerce solutions tailored to consumers in developed and developing countries. During a press conference at Mobile World Congress in Barcelona, the companies outlined plans to collaborate to ensure c... 
02/27/12New Visa Service Provides Secure “Over the Air” Provisioning of Mobile Payment Accounts
Global service transforms smartphones into Visa payment devices. “One-stop” solution enables financial institutions to wirelessly link Visa accounts with NFC-enabled devices BARCELONA, Spain--(BUSINESS WIRE)--Feb. 27, 2012-- Visa Inc. (NYSE:V) today announced a new service that provides financial institutions and mobile network operators with a one-stop solution to securely download payment account information to smartphones enabled wi... 
02/24/12Visa Statement Regarding its New Pricing Structure
... 
02/24/12Visa and Samsung Reveal Mobile Payments Application for the London 2012 Olympic and Paralympic Games
Latest step forward in bringing mobile payments to London 2012 Olympic Games LONDON--(BUSINESS WIRE)--Feb. 24, 2012-- Visa (NYSE: V) and Samsung today revealed the official mobile payments application of the Olympic and Paralympic Games. Samsung and Visa will debut the mobile payment application at Mobile World Congress, Barcelona, Spain from February 27th to March 1st. The application will be demonstrated at Visa stand (Hall 1, Stand ... 
02/22/12Visa and Monitise Set to Transform Mobile Payments Services in India
HDFC Bank, India’s 2nd largest private bank, is first to offer countrywide mobile payments service MUMBAI--(BUSINESS WIRE)--Feb. 22, 2012-- Movida, a mobile payments joint venture backed by Visa (NYSE: V) and Monitise (LSE: MONI.L), has signed an agreement with HDFC Bank, India’s second-largest private bank, to introduce a first of its kind mobile payment service. The new service allows HDFC Bank customers to pay bills, top up prepaid ... 
02/13/12Visa Inc. Updated Presentation Schedule at the Goldman Sachs 2012 Technology & Internet Conference
SAN FRANCISCO, Feb. 13, 2012 /PRNewswire/ -- Visa Inc. (NYSE:V) announced its updated presentation schedule: On Wednesday, February 15, Byron Pollitt, Chief Financial Officer, and Jim McCarthy, Global Head of Product, will present at the Goldman Sachs 2012 Technology & Internet Conference in San Francisco. The discussion will begin at 4:00 p.m. Pacific Time (7:00 p.m. Eastern Time) and last for approximately 35 minutes. A listen-only audio webcast and replay will be accessible for 3... 
02/09/12Visa Inc. to Present at the Goldman Sachs 2012 Technology & Internet Conference and the KBW Cards, Payments & Financial Technology Symposium
SAN FRANCISCO, Feb. 9, 2012 /PRNewswire/ -- Visa Inc. (NYSE:V) announced its participation in the following investor conferences: On Wednesday, February 15, Byron Pollitt, Chief Financial Officer, and Jim McCarthy, Global Head of Product will present at the Goldman Sachs 2012 Technology & Internet Conference in San Francisco. The discussion will begin at 4:40 p.m. Pacific Time (7:40 p.m. Eastern Time) and last for approximately 35 minutes. On Thursday, February 16, Jo... 
02/08/12Visa Introduces Suite of Mobile Services for U.S. Financial Institutions
Visa DPS, the largest issuer processor of Visa transactions in the U.S., and Monitise, a leading provider of mobile banking services, have launched a one-stop solution for mobile services SAN FRANCISCO--(BUSINESS WIRE)--Feb. 8, 2012-- Visa Inc. (NYSE: V) today announced the launch of mobile services that allow financial institutions to offer their account holders the ability to monitor account history and balances, transfer funds between ... 
02/08/12Visa Inc. Posts Strong Fiscal First Quarter 2012 Earnings Results and Authorizes New $500 Million Share Repurchase Program
SAN FRANCISCO, Feb. 8, 2012 /PRNewswire/ -- Quarterly net income of $1.0 billion or $1.49 per share of diluted class A common stock Total as-converted class A common stock was reduced by 16.2 million shares, which was funded from $1.6 billion of the Company's operating cash on hand Authorized a new $500 million class A share repurchase program Visa Inc. (NYSE: V) today announced financial results for the Company's fiscal first quarter 2012 ended December 31, 2011.... 
02/07/12Visa Inc. Announces New Conversion Rate for Class B Stock
SAN FRANCISCO, Feb. 7, 2012 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced the new conversion rate applicable to the Company's class B common stock resulting from its December 29, 2011, deposit of $1.565 billion into the litigation escrow account previously established under the Company's retrospective responsibility plan (the "Plan").  Under the terms of the Plan, this resulted in the decrease in the conversion rate applicable to the Company's class B common stock from 0.488... 
02/06/12Visa Tops One Million Chip Cards in the U.S.
Visa to support continued industry adoption with enhanced Visa Chip Services SAN FRANCISCO, Feb. 6, 2012 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced that U.S. financial institutions have reported issuing an estimated one million Visa-branded, EMV chip-enabled cards as of December 31, 2011, demonstrating the significant progress the industry is making toward implementing Visa's U.S. chip roadmap.(1),(2)  In August 2011, Visa announced plans to accelerate mobile innovation... 
02/01/12Visa Inc. Declares Quarterly Dividend
SAN FRANCISCO, Feb. 1, 2012 /PRNewswire/ -- Visa Inc. (NYSE:V) today announced that its board of directors had declared a quarterly dividend in the aggregate amount of $0.22 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 6, 2012, to all holders of record of the Company's class A, class B and class C common stock as of February 17, 2012. About Visa Visa is a global payments technology c... 
01/31/12CyberSource Announces Renewed Agreement With Facebook
SAN FRANCISCO--(BUSINESS WIRE)--Jan. 31, 2012-- CyberSource, a Visa company (NYSE: V), today announced that Facebook has extended its agreement to use the CyberSource Payment Management Platform for credit and debit card payments. The new agreement extends an existing worldwide relationship. “We are delighted to renew our service agreement with Facebook,” said Michael Walsh, CyberSource CEO. “Enabling businesses like Facebook to reach ... 
01/24/12WageWorks Names Visa as Preferred Brand for Prepaid Employee Benefit Programs
Visa is designated the preferred payment solution for 1.5 million employee benefit accounts SAN FRANCISCO--(BUSINESS WIRE)--Jan. 24, 2012-- Visa Inc. (NYSE: V) and WageWorks Inc., a leading on-demand provider of tax-advantaged programs for consumer-directed health, commuter, and other employee spending account benefits, today announced a new, multi-year agreement naming Visa as WageWorks’ preferred brand for prepaid employee benefit an... 
01/12/12Visa Inc. to Announce Fiscal First Quarter 2012 Financial Results on February 8, 2012
SAN FRANCISCO, Jan. 12, 2012 /PRNewswire via COMTEX/ --Visa Inc. (NYSE: V) will report its fiscal first quarter 2012 financial results on Wednesday, February 8, 2012. The results will be included in a press release, with accompanying financial information that 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 the fina... 
01/10/12Visa and Better ATM Services® Debut First ATM-Dispensed Visa Gift Cards
Three Arizona Credit Unions Pilot First-of-its-Kind Gift Card Program MESA, Ariz.--(BUSINESS WIRE)--Jan. 10, 2012-- Visa Inc. (NYSE: V) and Better ATM Services® (www.betteratmservices.com), a technology innovator in the ATM industry, today announced the ability to dispense Visa Gift cards in addition to cash at existing ATMs, expanding the value and services delivered by ATMs. An in-market pilot program is currently underway offering Visa Gif... 
01/10/12Visa Certifies Smartphones for Use as Visa Mobile Payment Devices
NFC-enabled smartphones from Samsung Electronics, LG Electronics, and Research In Motion approved for use with Visa payWave, Visa’s mobile application for payments at the point-of-sale SAN FRANCISCO--(BUSINESS WIRE)--Jan. 10, 2012-- Visa Inc. (NYSE:V) and Visa Europe today announced that NFC-enabled smartphones from Samsung Electronics, LG Electronics and Research In Motion (RIM) have been certified for use with Visa’s mobile application ...