Tag: VISA

Auckland leads drive towards cashless cities, Visa says

Auckland is one of nine cities to be dubbed “digital leaders” in a global study on realising the benefits of digital payments paid for by Visa. The Cashless City report makes a plea to governments around the world to drive their cities towards a cashless future, which Visa says would drive efficiencies, boost […]

Visa may be waging war against bitcoin by rejecting it as currency

The largest cryptocurrency, bitcoin, is a commodity and not a payment system, according to Visa’s chief executive. Visa will also not give bitcoin or other cryptocurrencies a platform for wire transfers and exchanges. “I don’t view it as payment system player,” CEO Alfred Kelly told CNBC. “We at Visa won’t process transactions that […]