Through this investment, both companies will work together to provide greater options on cashless payments and more seamless experiences for consumers across Indonesia and Southeast Asia
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Visa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses and also expand its footprint into other geographies.
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Pune based Cosmos Co-operative Bank has suffered a major incident of cyber hack on August 11 and 13, when cybercriminals hacked into its servers and stole Rs 94.42 crore ($13.5 million) from ATMs in 28 countries, according to media reports.
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Mumbai: Visa, an official payment services partner of FIFA has released an analysis of foreign travellers’ spending during opening days of 2018 FIFA World Cup. The results found that in the 11 Russian host cities of the tournament, approximately one in every five (17 percent) purchases with Visa used contactless payment technology, including smartphones, bracelets and rings. In the stadiums themselves, the share of contactless payments was 54 percent, inclusive of purchases made by fans from Russia and abroad. On average, across the 11 host cities, Visa cardholders spent 3,575…
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