Skip to content
Visa RSS
Payments heavyweights smash Q1 earnings forecasts
Visa has (again) posted much stronger than expected Q1 2022 earnings amid a consumer spending rebound powered in part by business and personal travel following a “short-lived” jump in Omicron... read more
The post Payments heavyweights smash Q1 earnings forecasts appeared first on Payments Cards & Mobile.
Visa, Mastercard and American Express stop Russian operations
Visa, Mastercard and American Express have suspended operations in Russia. The decision followed a request by Ukraine’s President Volodymyr Zelensky and threatens to further isolate a Russian economy facing crippling... read more
The post Visa, Mastercard and American Express stop Russian operations appeared first on Payments Cards & Mobile.
Visa and Mastercard hit Russian banks – Anonymous steps up cyber war
Visa and Mastercard say they have blocked multiple Russian financial institutions from their network, complying with government sanctions. Visa said it was taking prompt action to ensure compliance with applicable sanctions,... read more
The post Visa and Mastercard hit Russian banks – Anonymous steps up cyber war appeared first on Payments Cards & Mobile.
Why Berkshire Hathaway sold out of Visa and Mastercard
Berkshire Hathaway, as has been widely reported, sold more than $3 billion in stock in the payment giants Visa and Mastercard – but why? According to a securities filing in... read more
The post Why Berkshire Hathaway sold out of Visa and Mastercard appeared first on Payments Cards & Mobile.
Visa, Mastercard and American Express post monster revenue updates
Its earning week! Visa topped $7 billion in quarterly revenue for the first time, buoyed by a quicker-than-expected resumption in travel spending and sustained growth in categories like e-commerce that... read more
The post Visa, Mastercard and American Express post monster revenue updates appeared first on Payments Cards & Mobile.
