Tag Archive: Visa

Visa mobole payment systemIn the Visa predict that by the end of this year only in Europe will be over 50 billion contactless payments monthly.

Visa payment system is going to fight with cash, and plans to upgrade the mobile payment services to more and more people use these solutions to pay for goods and services.

Visa head of mobile business, Sandra Alzetta says the company is awaiting the arrival of the European market a new generation of smart phones Samsung, equipped with support for NFC chips with support for Visa Pay Wave and Mobile Wallet. According to her, the massive smartphone with this technology should help the growth of the market. “From our point of view, mobile technology is extremely important. Naturally, we still love plastic and for us it worked very well, but now the company is compelled to throw part of their attention to mobile solutions,” – she said. Continue reading

Visa and MasterCardFollowing the introduction of restrictions in regard to the sharing sites, MasterCard and Visa have begun to take action against the VPN-providers.

During this week, a Swedish payments provider “Payson” has restricted access to the service of anonymization, after having received appropriate instructions from the operators of credit card systems. VPN provider iPredator that was established by the co-founder of the portal The Pirate Bay Peter Sunde said that they apply legal efforts to unlock the service.

Independent experts say that the actions of Visa and MasterCard, probably dictated by the struggle with the affiliate programs of VPN-providers and sharing sites. Earlier, payment system PayPal has begun cutting payments to such suppliers. In addition, it is possible that in the future the system will block the payments to a wider range of suppliers of anonymization. Continue reading

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