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Visa and Samsung debut the London 2012 Olympics contactless mobile app but its impact may be limited

Visa and Samsung have announced the launch of an NFC mobile app to promote the London 2012 Olympics. The app will allow customers to pay via Visa payWave, trace their contactless transaction records, and check up-to-date balances. Despite the 3,000 contactless terminals to be installed across Olympic venues, questions remain about whether the payment technology will prove popular during the games.

Published By Datamonitor
01 Mar 2012
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Visa announces UK contactless rollout ahead of schedule, but the market still faces numerous hurdles

Visa Europe recently announced that the number of its PayWave cards in issue is growing more quickly than expected, and claimed that there will be further growth as more issuers enter the contactless space. While this is a positive sign, overall card numbers are still comparatively low, while merchant acceptance remains very weak: the market is far from reaching a tipping point.

Published By Datamonitor
09 Jul 2010
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Visa enters new territory in the online payments sector with V.me

Visa has announced the launch of a new digital wallet, V.me, to compete directly with PayPal in the online payments sector. The digital wallet allows consumers to link their existing payment tools and make online transactions without having to reveal their card payment details to the merchant. Due to launch in early 2012, V.me will allow Visa to explore new territory as a digital wallet provider.

Published By Datamonitor
06 Dec 2011
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Visa moves in right direction online

Visa Checkout takes a leaf out of PayPal's and Amazon's books, and in doing so may enable Visa Inc. to compete on even terms with them.

Published By Datamonitor
28 Jul 2014
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Visa Token Service: the future of CNP security

The new Visa Token Service highlights a major structural shift in both the online and mobile payments markets. It provides banks with a key opportunity to successfully mitigate card-not-present (CNP) fraud without further burdening consumers.

Published By Datamonitor
16 Sep 2014
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Visa uses analytics to tackle self-service fraud

The new Visa Transaction Advisor service capitalizes on VisaNet's extensive transaction database, providing banks and merchants with a major opportunity to effectively tackle fraud at self-service checkouts without disrupting the payment experience.

Published By Datamonitor
11 Aug 2014
CommentWire
CommentWire

Visa: new initiative will raise awareness of contactless payments among London consumers

Visa is carrying out the targeted launch of a new type of card terminal, one that will be connected to taxi meters. The scheme has the support of Transport for London, which already utilizes the contactless Oyster electronic ticketing system on much of the public transport services across the region. The initiative should raise the profile of the contactless payment method.

Published By Datamonitor
04 Jan 2011
CommentWire
CommentWire

Vitamin-enhanced beer: happy to be unhealthy

Consumers are used to their food being manipulated to make it healthier: fat is removed, vitamins and minerals added. But that does not mean they are complacent, and certainly not willing to forgo freedom of choice. The furor stirred up by Scotland's plans for vitamin-enhanced beer demonstrates just how swift and forthright the opposition to ill-judged ideas can be.

Published By Datamonitor
21 Nov 2002
CommentWire
CommentWire

Wall Street: despised by Americans, according to Bloomberg

The recent Bloomberg National Poll reveals negative consumer sentiment towards the banking community is still present in the US, with over 50% of those surveyed expressing an unfavorable opinion about these institutions. However, Datamonitor's Financial Services Consumer Insight survey may bring some reassurance to industry players.

Published By Datamonitor
26 Mar 2010
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Wealth managers need to join the mobile bandwagon

Private wealth managers are by necessity more cautious than the rest of the financial services market, as they are responsible for the preservation and growth of their clients' money. As such, technological innovation comes slow to the market. However, the mobile banking revolution is unfolding so fast that wealth managers have to develop a mobile strategy or risk losing affluent customers.

Published By Datamonitor
01 Mar 2013

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