Page 4 - Visa

Indian High Commission in Sri Lanka denies stopping issuance of visas

The High Commission said the disruption was caused by operational difficulties due to the inability of Visa Wing staff and it was striving to return to its normal functioning soon

India has suspended tourist visas issued to Chinese nationals: IATA

India has suspended tourist visas issued to Chinese nationals, global airlines body IATA told its member carriers on April 20.

Visa enters the world of NFTs, to help digital-first creators

Called the 'Visa Creator Programme', the initiative will help next-generation entrepreneurs understand and use NFTs

Data localisation not a solution; compliance to laws top priority: Visa CEO

The RBI mandate on data localisation is not the best solution to address concerns regarding information security, global cards major Visa said on Friday.

Visa, Mastercard block Russian financial institutions after sanctions

On Saturday, the US, Britain, Europe and Canada announced new sanctions on Russia - including blocking certain lenders' access to the SWIFT international payment system

Visa, immigration services modernisation scheme extended for 5 years

The Centre has approved the continuation of the Immigration Visa Foreigners Registration Tracking (IVFRT) scheme for a period of five years till March 31, 2026

UK closes Tier 1 Investor visa to new applicants over security concerns

The route had allowed entry and stay in the UK if an applicant invested funds in share capital or loan capital in active and trading UK registered companies

Visa, Amazon reach global deal over payment fees

This agreement includes the acceptance of Visa at all Amazon stores and sites

Visa profit beats quarterly estimates on higher travel, online spending

The world's largest payments processor reported transactions rose 21% to $47.6 billion during the quarter compared with a year earlier

Pak Hindu lawmaker urges India to issue visas to delegation of pilgrims

A prominent Hindu lawmaker from Pakistan Prime Minister Imran Khan's ruling party urged India to issue visas to a delegation of pilgrims to visit the country

Australia to rebate visa fees for international students, backpackers

Australian PM Scott Morrison said the government would rebate visa fees for international students and backpackers to support the workforce challenge amid surging Covid-19 cases nationwide.

Amazon's UK site backs away from plan to stop taking Visa credit cards

The online retailer said the change would not be implemented as planned on Wednesday

Russia in contact with US over normalising visas: Russian Foreign Minister

Russia is permanently raising the problem of normalizing issuing visas during the contacts with the United States, Russian Foreign Minister Sergey Lavrov told Sputnik."During the contacts with the United States at various levels, we are permanently speaking about the need to normalize the process of issuing visas," the minister said."However, amid the degradation of the bilateral relations, Washington is unlikely to soften the visa policy," Lavrov added.

PhonePe is first payments firm to tokenise cards on Visa, Mastercard, Rupay

The company claims the tokenisation solution will help businesses save significant time and effort by removing the need to integrate with multiple card networks while complying with RBI norms

Worldline partners with major card networks to launch tokenisation solution

Worldline said that it has developed a fully interoperable plug-and-play solution to enable card on file tokenisation using single integration

Visa launches crypto advisory service for financial institutions, merchants

Visa Inc launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gains steam

Covid-19 caused permanent shift to digital payments, says Visa CEO

People are choosing not to get cash to shop but actually using their debit cards to shop now, he said

We have processed over $20 billion in transactions: Open CEO Anish Achuthan

We have an advantage over fintechs that offer lending based on credit bureau scores or conventional bank statements, said Achuthan

What's behind Indians' credit card spending surge in recent months?

India's credit card spending is back with a bang. What is driving the surge? Does this indicate a quick economic recovery? What are the lessons we can draw from this trend? Let us take a look

Visa beats quarterly profit estimates on travel, online spending boom

Total cross-border volume rose 38% on a constant dollar basis from a year earlier