Visa

NEWS DESK

Visa Installment Solution now live for ADIB cardholders at NEOPAY merchant locations in UAE

News Desk 29/04/2024

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, in partnership with Visa (NYSE: V), a world leader in digital payments, has announced “Visa Installments Solution (VIS)” is officially live for ADIB covered cardholders in the UAE. NEOPAY, the payment subsidiary of Mashreq,

NEWS DESK

Emirates NBD launches Visa credit card for high-net-worth clientele offering premier lifestyle benefits

PR News Desk 15/04/2024

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has introduced the ‘Priority Banking Visa Infinite Credit Card’, an offering tailored to meet the exclusive lifestyle needs of its affluent Priority Banking clientele. The proposition, launched in collaboration with Visa, a world leader in digital payments, offers a […]

NEWS DESK

Visa Commences Exchange Offer for Class B-1 Common Stock

PR News Desk 09/04/2024

Visa (NYSE:V) today commenced its previously announced initial Exchange Offer for any and all outstanding shares of its Class B-1 common stock for a combination of Visa’s Class B-2 common stock, Visa’s Class C common stock and, where applicable, cash in lieu of fractional shares. In exchange for each share of Class B-1 common stock […]

NEWS DESK

Applications open in UAE for Visa Everywhere Initiative

PR News Desk 01/04/2024

Applications are now open in UAE for the Central and Eastern Europe, Middle East and Africa (CEMEA) edition of the 2024 Visa Everywhere Initiative (VEI), a global open innovation program and competition that sees fintech startups pitch their solutions to solve tomorrow’s payment and commerce challenges. In addition to equity-free funding, VEI winners gain access […]

NEWS DESK

Visa’s Growing Services Business Infused with New AI-Powered Products

PR News Desk 29/03/2024

Today, Visa (NYSE:V), a leader in digital payments, announced the continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across immediate account-to-account and card-not-present (CNP)

NEWS DESK

Visa, Merex Investment, and PayMate Partner to Facilitate Retail B2B Rental Collections

PR News Desk 14/03/2024

Visa (NYSE: V), the world’s leader in digital payments, Merex Investment, and PayMate have partnered to digitise rental collections through Visa’s BPSP solution provided by PayMate. Launched in 2020, Visa’s BPSP solution allows enablement of payments made on card rails to be received by non-card accepting suppliers into their bank account, by integrating with

NEWS DESK

VFS Global witnesses 15% increase in visa volume in 2023

PR News Desk 08/03/2024

With the growing demand for international travel over the past few years, VFS Global has witnessed a 15% surge in visa applications in 2023 v/s 2022, and a whopping 145% growth since borders reopened post-pandemic. Popular destinations preferred by travellers from UAE in 2023 were Canada, France, The Kingdom of Saudi Arabia, Türkiye and United […]

NEWS DESK

#MoSalahxVisa : Visa Strikes Partnership with New Brand Ambassador Mo Salah

PR News Desk 06/03/2024

Visa, a world leader in digital payments, today unveiled a new partnership with the renowned Egyptian football legend Mohamed Salah to be a Visa Ambassador for the United Arab Emirates, Egypt, Kuwait, Kenya, Nigeria, and South Africa. As one of the most electrifying football players in the world, Salah’s stellar performances for Liverpool Football Club […]

NEWS DESK

More than 70% of UAE retailers see increase in revenue and customer traffic since accepting digital payments: Visa study

PR News Desk 05/03/2024

Visa (NYSE:V), a world leader in digital payments, has unveiled the results of an independent study titled ‘Value of Acceptance’, which explores merchants’ attitudes towards digital payments and the impact of digital commerce on small businesses and retailers in the UAE. According to the study, more than 70% of UAE merchants surveyed claim increased

NEWS DESK

Emirates Skywards announces exclusive, multi-year partnership with Visa

PR News Desk 26/02/2024

Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, has announced an exclusive, multi-year strategic partnership with Visa, a world leader in digital payments.  The new partnership with Visa will strengthen collaboration between Emirates Skywards and co-brand issuer partners across the GCC; enable the loyalty programme to work more closely

NEWS DESK

Visa, Checkout.com and Stake launch innovative cross-border funding solution

PR News Desk 19/02/2024

Visa, a global leader in digital payments, has partnered with Checkout.com and Stake, MENA’s leading digital real estate investment platform, to introduce an innovative cross-border account funding solution. This first-of-its-kind partnership in GCC leverages Visa Direct cross-border Account Funding Solution, enabling consumers to seamlessly and swiftly upload funds to

NEWS DESK

Visa and Emirates NBD Partner to Sponsor First Emirati Woman Cyclist Safiya Al Sayegh for the Olympic Games Paris 2024

PR News Desk 13/02/2024

Visa (NYSE:V), the Worldwide Payment Technology Partner of the Olympic and Paralympic Games, and Emirates NBD Group, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, proudly announce the launch of a series of events and promotions leading up to the Olympic Games Paris 2024. One of the initiative’s main […]

GCC NEWS DESK Qatar

France visa services in Qatar now available through VFS Global

PR News Desk 08/02/2024

VFS Global is bringing France visa services closer to home for the residents of Qatar through its new France Visa Application Centre in Doha. The centre was inaugurated on 08 February 2024 by Patrick Poinsot, First counsellor at the French embassy in Qatar. France visa applicants can now visit this centre located in Level 2, […]

NEWS DESK

Visa and Red Bull Formula One Teams Announce Global Partnership    

PR News Desk 26/01/2024

The Formula One grid is charging into the 2024 season with a new look and new support. Today, Red Bull F1 Teams and Visa (NYSE: V) announced an unprecedented multi-year agreement where Visa will become the first global partner of both Red Bull F1 teams, bringing a new look to the F1 grid in the […]

NEWS DESK

VFS Global renews Visa and Residence Permit services contract for Norway globally

PR News Desk 12/12/2023

The Royal Norwegian Ministry of Foreign Affairs has awarded VFS Global the global tender to provide visa and residence permit services in 52 countries across the globe. Under this new agreement, VFS Global will continue to operate on behalf of the Government of Norway in all regions worldwide – Americas, Australasia, China & Hong Kong, Europe […]

NEWS DESK GCC UAE

Visa reveals UAE consumers seek banks’ help in understanding environmental impact of spending

PR News Desk 11/12/2023

Visa and Emirates Nature-WWF released the UAE results of their ‘2023 Sustainable Commerce’ study on the day of the United Nations Climate Change Conference (COP28) in UAE.  The study scrutinizes consumer and business behaviors, and the readiness of infrastructure to support sustainable commerce.  The joint Visa-Emirates Nature-WWF study reinforces the

NEWS DESK GCC UAE

ADIB partners with Visa to launch Installment Solution in UAE

PR News Desk 20/11/2023

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, in partnership with Visa (NYSE: V), the world’s leader in digital payments, has introduced the new Visa Installments Solution (VIS) for its cardholders in the UAE. Under the terms of the agreement, ADIB Visa covered cardholders will soon be able to opt for “Visa Installments.” […]

NEWS DESK

Visa and Swift Team Up to Enhance Transparency, Speed and Security in Global B2B Money Movement

PR News Desk 30/09/2023

Visa and Swift today announced a collaboration to streamline international business-to-business (B2B) payments by strengthening connectivity between their networks that move trillions in value globally. Working together, the organizations aim to provide financial institutions and their customers with more choice when sending money across borders, while improving the

NEWS DESK

Visa, YellowPepper and ABHI Partner to Provide Account-to-Account (A2A) Payments in the UAE

PR News Desk 27/09/2023

Pioneering Financial Inclusion and ESG-Driven Innovation Visa Inc. (NYSE:V) today announced a partnership agreement with ABHI, a leading fintech company, and YellowPepper to introduce Account-to-Account (A2A) payments in the UAE. This collaboration aims to revolutionize the financial landscape by driving innovation, promoting financial inclusion, and accelerating the

Business Finance

Visa partners and M2P Fintech to offer seamless payments

PR News Desk 22/09/2023

Visa has partnered with M2P Fintech, Asia’s largest API infrastructure company, to help fintech and non-banking entities issue payment products seamlessly through the Visa Ready to Launch (VRTL) programme. M2P Fintech specialises in building financial infrastructure through various accessible solutions. By acting as a tech layer between banks, fintechs and financial