Visa Stories February 10, 2016

AAPL: 94.27

-0.72

Apple Pay temporarily unable to add Visa debit and credit cards [U: Resolved]

[Update: Apple says the issue is now resolved after roughly seven hours.]

If you’re having trouble setting up Apple Pay this morning, it’s not just you. Apple is currently reporting an hours-long issue with adding credit cards and debit cards to the mobile payment service.

Visa Stories November 23, 2015

AAPL: 117.75

-1.55

Apple seems to be working hard with its card company partners to promote Apple Pay in the UK. Alongside a MasterCard promo offering free travel in London, Visa Europe is today launching a two-month long ad campaign designed to emphasize the speed, ease and reliability of the service.

Featuring a central theme of anticipation, the campaign uses imagery that captures the pause before a primary action – the weightlifter before pressing the lift, the pianist before striking a chord, the chameleon before making a strike – the scenes then snap into the dramatic conclusions as an analogy to how fast, easy and reliable using a Visa card in Apple Pay is in everyday situations such as paying to use the Tube or in a café … 

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Visa Stories June 2, 2015

apple-pay

With Apple steadily rolling out its mobile payment service across the United States, support for Apple Pay has now gone live from these new banks and credit unions: expand full story

Visa Stories April 27, 2015

discover

Discover announced today that it’s made a deal with Apple to join the other three big card companies already offering support for the company’s new payments service, Apple Pay. That means that starting this fall, Discover cardholders will finally be able to add their cards to the service and make contactless, NFC-based payments using iPhone and Apple Watch, as well as make payments within apps supporting the platform on all iOS devices. expand full story

Visa Stories March 3, 2015

Ahead of Apple’s ‘Spring forward’ event on Monday where we expect to hear much more about the Apple Watch, more than a dozen new banks and credit unions have added support for Apple Pay. The Apple Watch will support the mobile payment service and extend Apple Pay support in stores beyond the iPhone 6 and iPhone 6 Plus to the iPhone 5, iPhone 5c, and iPhone 5s when paired. Following the addition of 18 new banks including credit unions for American Airlines and IBM today, Apple Pay is now supported by nearly 100 institutions. Here’s the list of newly added banks: expand full story

Visa Stories February 13, 2015

Visa to follow Apple Pay’s lead, use tokens for mobile & online payments

Following Apple Pay’s successful use of tokens—one-time-use, unique codes rather than credit card numbers for payment transactions—Visa today announced that it will remove 16-digit account numbers for mobile and online payments across 2015. No specific date was given for the transition; instead, Visa suggests that tokens will begin to replace credit card numbers as the company’s partners get access to the Visa Token Service that rolled out alongside Apple Pay in October 2014.

“Removing card account numbers from the processing and storage of payments represents one of the most innovative and promising technologies we’ve seen in decades,” said Charlie Scharf, chief executive officer, Visa Inc.

According to Visa, online transactions made with Visa Checkout will be tokenized this year, securing transactions for over 110 existing merchants. The Visa Token Service will also grow to include “other leading device manufacturers and technology companies” beyond Apple with Apply Pay, and will be supported in mobile payment apps released by Visa-partnered financial institutions in the United States, Asia Pacific, and Latin America.

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