Visa Inks 7-year Deal With Western Union

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Stocktwits
Visa Inks 7-year Deal With Western Union

(RTTNews) - Visa, Inc. (V) announced Tuesday a 7-year agreement with Western Union (WU) under which Western Union customers will be able to send money to their family and friends' eligible Visa cards and bank accounts in 40 countries across five regions.

The agreement includes card issuance, Western Union's integration with Visa Direct, and value-added services delivery including risk products.

Western Union customers will also be able to receive Visa prepaid cards in select markets offering an innovative solution that bridges the physical and digital world.

Western Union and Visa are also developing disbursement programs for humanitarian organizations and governments to support the delivery of critical funds during a disaster.

The programs are intended to support emergency and humanitarian payouts, cross-border pension payouts, and domestic benefits and disbursement payouts.

The agreement builds on Western Union's existing integrations with Visa Direct in 2022 and 2019, which enabled US and European customers to send and/or receive funds directly to eligible Visa card holders overseas.

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HSBC Teams Up With Visa To Develop And Launch Zing International Money App

HSBC Teams Up With Visa To Develop And Launch Zing International Money App

Visa, Inc. (V) and HSBC Holdings plc (HSBA.L) announced Tuesday the technological collaboration in support of HSBC Group's new international payments app, Zing. The app successfully launched in the U.K. in January 2024 and will expand to additional markets in the near future.
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Visa Expands Payment Options For Canadian Amazon Customers With Installments Plans

Visa Expands Payment Options For Canadian Amazon Customers With Installments Plans

Visa, Inc. (V) announced Thursday a new collaboration with Amazon.com, Inc. (AMZN) that will provide Canadian consumers with more choice at checkout. When shopping online on Amazon.ca or on the Amazon app, eligible RBC and Scotiabank credit cardholders will now have the option to select Installments enabled by Visa as their method of payment for qualifying purchases.
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Red Bull F1 Teams Inks Multi-year Agreement With Visa As Global Partner

Red Bull F1 Teams Inks Multi-year Agreement With Visa As Global Partner

Red Bull F1 Teams and Visa, Inc. (V) announced Wednesday an unprecedented multi-year agreement where Visa will become the first global partner of both Red Bull F1 teams, bringing a new look team to the F1 grid in the form of Visa Cash App RB, formerly Scuderia AlphaTauri.
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UK Payments Regulator Proposes To Cap Cross-border Fees On Mastercard, Visa Cards

UK Payments Regulator Proposes To Cap Cross-border Fees On Mastercard, Visa Cards

UK's Payment Systems Regulator or PSR provisionally proposed to introduce a price cap on cross-border interchange fees on credit and debit cards, mainly of U.S. payment tech majors Mastercard Inc. and Visa Inc. With this, the regulator aims to protect UK businesses from overpaying on these interchange fees.
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Visa, Mastercard Set To Raise Credit-Card Fees

Visa, Mastercard Set To Raise Credit-Card Fees

Visa and Mastercard, the top two payment networks in the U.S., are set to raise their credit-card fees which merchants pay when customers use the credit cards for transactions, according to The Wall Street Journal report on Thursday. Though these charges are generally borne by merchants themselves, a small portion of it is transferred to customers.
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