Latest news with #Visa
Business Upturn
26 minutes ago
- Business
- Business Upturn
Visa Expands Stablecoin Settlement Support
By Business Wire India Published on July 31, 2025, 17:27 IST Business Wire India The stablecoin ecosystem is expanding, and Visa is at the forefront of its development. As global interest in stablecoins takes center stage, Visa is building on its leadership in the space and enabling support for more stablecoins and more blockchains to facilitate settlement transactions for issuers and acquirers. Visa's settlement platform is adding support for two additional USD-backed stablecoins, two blockchains and the euro-backed EURC. What's new More stablecoins: Through a new partnership with Paxos, Visa will be able to support two additional dollar-backed stablecoins, Global Dollar (USDG) and PayPal USD (PYUSD), bringing the transformative power of two more trusted stablecoins to our partners Through a new partnership with Paxos, Visa will be able to support two additional dollar-backed stablecoins, Global Dollar (USDG) and PayPal USD (PYUSD), bringing the transformative power of two more trusted stablecoins to our partners More chains: Visa has added support for two blockchains, Stellar and Avalanche, in addition to already supported chains, Ethereum and Solana Visa has added support for two blockchains, Stellar and Avalanche, in addition to already supported chains, Ethereum and Solana More currencies: Visa has integrated Circle's euro-backed stablecoin, EURC 'Visa is building a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide,' said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships, Visa. 'We believe that when stablecoins are trusted, scalable and interoperable, they can fundamentally transform how money moves around the world.' Visa continues to build on years of real-world pilots and live stablecoin settlement activity. With these additions, the Visa network is enabled to support four stablecoins and four unique blockchains. Enabling EURC settlement With EURC integrated into the Visa Network, select pilot participating Visa partners can now access settlement in both USD- and EUR-backed stablecoins. This extends Visa's crypto and treasury infrastructure capabilities which already facilitates settlement in more than 25 fiat currencies worldwide. A leading network for stablecoin acceptance Earlier this year, Visa announced the expansion of its stablecoin-linked card partners. For stablecoin-linked cards to scale, they require a network that: Meets stablecoin wallets where they are – enabling interoperability across multiple blockchains Enables flexible settlement options by directly accepting for settlement stablecoins in connection with cards operating across multiple blockchains Addresses growing market demand, meeting interest from banks, merchants, developers, and fintechs while helping to reduce friction and increase speed for cross- border and onchain transactions As new stablecoins and blockchains continue to emerge and show promise of true utility, Visa's mission remains clear: build the interoperable layer designed to make stablecoin payments work at scale just as our traditional payments have worked – securely, reliably and globally. About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash Business Wire India, established in 2002, India's premier media distribution company ensures guaranteed media coverage through its network of 30+ cities and top news agencies.
Business Upturn
26 minutes ago
- Business
- Business Upturn
Visa Cardholders Get First Shot at Applying for FIFA World Cup 26™ Tickets
Business Wire India Visa cardholders will score exclusive first access for a chance to purchase tickets to the world's biggest tournament Visa plans to help local businesses in Canada, Mexico and the United States get ready to maximize economic opportunity It's official: the road to the FIFA World Cup 26™ starts with Visa. As the Official Payment Technology Partner of FIFA and a global leader in digital payments, Visa cardholders with a Visa Debit, Credit or reloadable Visa prepaid cards globally will receive exclusive early access to apply for tickets to the most anticipated sporting event in the world. The first-ever Visa Presale Draw was announced at the Visa Payments Vault in Washington, D.C., where government officials from Canada, Mexico and the United States gathered to celebrate trilateral collaboration and the unifying power of sport at the Visa FIFA World Cup 26™ Reception. This press release features multimedia. View the full release here: Robert Thomson, Senior Vice President of Global Government Affairs at Visa; Eduardo Coello, Regional President for Latin America and the Caribbean at Visa; Amy Hopfinger, Chief Business and Strategy Officer for the FIFA World Cup 2026™; and Alexi Lalas, U.S. soccer legend and former national team defender, pose for a photo during the Visa FIFA World Cup 2026™ reception at the Visa Payments Vault on Wednesday, July 30, 2025 in Washington, D.C. The event celebrated the tournament's global impact and Visa's role as a sponsor. 'The Visa Presale Draw offers Visa cardholders exclusive early access to enter the draw for tickets, creating an incredible opportunity for some lucky fans to secure their place at this historic event,' said Kim Lawrence, Regional President of North America at Visa. 'As we get closer to the tournament, Visa also plans to help communities and businesses across the continent get ready for the influx of travelers, ensuring the tournament's economic impact lasts far beyond the final whistle.' 'This is an unprecedented moment for Visa — not only are we redefining how fans experience the game, but we are also bringing them closer than ever with the opportunity to apply for exclusive ticket access through the first-ever Visa Presale Draw,' said Eduardo Coello, Regional President for Visa in Latin America and the Caribbean. 'As we set new standards for safe and secure payment experiences for fans, there's no better time to deliver on our promise than at the largest FIFA World Cup in history, right here in our region—with Mexico as a proud host.' Empowering Fans From September 10-19, fans with a Visa card, including Visa Credit, Visa Debit and reloadable Visa prepaid cards, can apply to enter the Visa Presale Draw – a randomized selection process that gives selected entrants the chance to purchase tickets before general ticket sales open. Interested cardholders will need a FIFA ID to participate in the Visa Presale Draw and are encouraged to visit today to create their ID, if they don't already have one. Those chosen to purchase tickets through the Visa Presale Draw will be notified by email starting no earlier than September 30 and given a dedicated time slot in October to purchase available tickets on a first come, first served basis. As the official payment method for FIFA ticketing, Visa will be the exclusive payment method accepted during the presale purchase window. Learn more about the Visa Presale Draw here. 'Excitement for the FIFA World Cup 26 is building fast, and 10 September is a date every football fan should have marked in their calendar,' said FIFA Chief Business Officer Romy Gai. 'We're delighted to once again partner with Visa to give fans the very first opportunity to apply for a place at the greatest show on earth. A ticket to the FIFA World Cup™ isn't just a ticket—it's a gateway to the most inclusive and spectacular tournament in our history. Everyone will want to be part of this moment, so make sure you've created your FIFA ID and have your Visa card ready.' Uplifting Communities and Small Businesses As Visa cardholders from around the world apply to secure exclusive ticket access for the FIFA World Cup 2026TM, Visa also wants to help businesses get ready to make the most of the moment. By sharing trends and expertise, Visa will help empower local businesses, especially in host cities – from street vendors in Mexico City to boutiques in Kansas City, or a local bakery in Vancouver– so they can capitalize on World Cup tourism and turn tournament fanfare into lasting economic growth. More details on these programs will be shared as the match draw approaches. A Tournament Like No Other The FIFA World Cup 2026™ promises to be record-breaking: 48 teams, 104 matches over 39 days in 16 iconic host cities and will be the first ever tri-country hosted games across North America. With nearly 20 years of partnership with FIFA, Visa and FIFA continue to innovate and expand access for fans, business owners and communities alike. About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
36 minutes ago
- Business
- Yahoo
Visa brings Google Pay integration to fleet cards for digital wallet support
Visa (V) announced an advancement for Fleet Operators with the addition of Google Pay (GOOG) tokenization and push-to-wallet capabilities. The company stated fleet data tags can now be configured by the issuer, fintech, or processor, allowing custom data tags to be dynamically provisioned during tokenization, streamlining the digital experience by enabling spend through digital credentials, reducing time to market from days to hours. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on V: Disclaimer & DisclosureReport an Issue Visa price target raised to $398 from $295 at Raymond James Visa sees Q4 EPS growth in high-single-digits Visa sees FY25 EPS growth in low teens Visa price target raised to $415 from $405 at UBS Visa price target raised to $402 from $386 at Morgan Stanley Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Business
- Yahoo
Mastercard Surpasses Q2 Estimates as Consumers Keep Spending
Mastercard (MA) shares rose modestly in premarket trading Thursday after the firm reported better second-quarter results than analysts had expected. The payment processing giant posted adjusted earnings per share of $4.15 on revenue that rose 17% year-over-year to $8.13 billion. Analysts surveyed by Visible Alpha had expected $4.03 and $7.97 billion, respectively. Mastercard's gross dollar volume increased 9%, while purchase volume—the total amount of purchases made with Mastercard credit and debit cards in the quarter—was up 10%. Mastercard shares were 1.5% higher shortly after the results were released. They entered the day up about 6% since the start of this year. Rival Visa (V) topped estimates earlier this week, and said it was exploring artificial intelligence and stablecoin products. Last month, Mastercard said it was partnering with fintech firm Fiserv (FI) to bring the latter's new stablecoin to a range of its products and services. Read the original article on Investopedia Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
CNA
2 hours ago
- Business
- CNA
Mastercard beats profit estimates on strong travel demand
Mastercard surpassed Wall Street estimates for second-quarter profit on Thursday, driven by strong consumer spending on travel and leisure. A mix of higher inflation, interest rate pressures and tariff uncertainty has done little to slow American travelers and shoppers so far, offering a boost to payments firms and big banks alike in the first half of 2025. Payments firms are closely tied to everyday consumer behavior, and most transactions - whether for groceries, fuel, or fewer discretionary items - still flow through the same cards and platforms, helping sustain volume, despite some shoppers paring back on non-essential spending. Gross dollar volume - the total value of transactions processed on Mastercard's platform - rose 9 per cent in the quarter. Cross-border volume, which tracks spending on cards outside their country of issue, jumped 15 per cent, pointing to still strong consumer appetite for travel and leisure. The company wrapped up the earnings season for Wall Street's biggest payments processors. Rival Visa posted market-beating results earlier this week, while American Express also managed to surpass Wall Street's expectations. Though analysts caution the momentum may not last if elevated interest rates and rising prices from tariffs begin to strain household budgets, that pressure has yet to show up. In recent years, Mastercard has also diversified its business by expanding into value-added services such as threat intelligence and fraud prevention. Revenue from these services rose 22 per cent on a currency-neutral basis in the quarter. It posted an adjusted profit of $4.15 per share for the three months ended June 30. That compares with Wall Street estimates of $4.03 per share, according to data compiled by LSEG. Mastercard's net revenue jumped 17 per cent on a reported basis to $8.1 billion. It beat estimates of $7.97 billion.
