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Affluent India shifts to experience-led spending, travel accounts for 58% of discretionary wallet: ReportIndia's wealthy are spending more on experiences, especially travel. This shift means consumption is more about personal identity than just...- Visa profit beats as payment volumes surge on travel demand"The substantial growth in processed transactions is a good indication that inflation isn't the primary driver of increased spending," said...
- Government-backed hackers are the real threat: TR Ramachandran, group country manager, India and South Asia, VisaIf cost was the major concern, we would never have such a huge share of business coming from nationalised banks such as SBI and Bank of Bar...
- Visa issues more than a million contactless cardsVisa has issued over one million Visa payWave contactless cards issued in the market and acceptance at more than 1,00,000 merchant location...
- Combination of ecommerce & mobility is a big game-changer: Visa Group’s TR RamachandranAs competition from nimbler tech cos threatens the future growth of Visa and MasterCard, they are changing their strategies to adapt to the...
- Visa chooses Bengaluru as site for new technology centreIn a bid to strengthen its resources and tap India's "incredible" pool of talent, global payments provider Visa has chosen Bengaluru as the...
- Visa to strengthen team with Indian software engineering talentThe combination of these initiatives will help accelerate the shift to electronic payments and drive innovation in mobile and digital platf...
- Visa to open new technology base in India; create 2,000 jobs globallyVisa Inc, global card payments system provider, will open a new technology centre in India in 2015 and provide about 2,000 full time jobs g...
- Net 1, Visa to roll-out virtual credit card technology in IndiaThere was no indication of financial returns for the company in India, while no discussions had taken place with Brazil yet.
- Visa loses $1.8 billion due to litigation costsVisa posted a loss of $1.8 billion for the April-to-June period on an increase in litigation costs. Excluding that expense, Visa's results ...
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