Posts Tagged “More News on Visa Inc”

Visa has plans to tokenize Visa Checkout transactions

CALIFORNIA | Last week, Visa Inc. announced the use of new security technology - the Visa Token Service - that replaces the traditional 16-digit Visa account number preventing exposure of sensitive account information in online and mobile payments.


Visa Inc. acquires Visa Europe

Last month, Visa Inc. and Visa Europe Ltd. announced a definitive agreement for Visa Inc. to acquire Visa Europe, creating a single global payments company. The transaction consists of €16.5 billion with the potential for an additional earn-out of up to €4.7 billion payable following the fourth anniversary of closing. The transaction is subject to regulatory approvals and is expected to close in Visa Inc.’s fiscal third quarter of 2016.


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