No thanks, stay here.  

  We notice you are visiting from a U.S. Internet provider. Switch to our U.S. website.

Industry News

Visa to award one lucky cardholder a lifetime pass to Olympic Winter Games

By Kristen Lawrence

05/01/2010 - Visa seems to be pulling out all the stops with its promotional campaign for the 2010 Winter Olympic Games in Vancouver, announcing Tuesday the launch of its newest contest - one Visa cardholder will win a trip to each of the Olympic Winter Games for life.

The payment processing company will automatically enter Visa cardholders that use their card between January 1 to February 28 into the contest, titled the Visa Olympic Winter Games Trip for Life Sweepstakes.

Visa has been an official Olympic Games sponsor since 1986, and this year has implemented an ambitious marketing strategy through its Go World campaign. Other promotions include the release of three new Olympic-themed prepaid cards.

"For more than two decades Visa has used its relationship with the Olympic Games to bring fans closer to the Games and the athletes competing," said Antonio Lucio, chief marketing officer of Visa. "This promotion is a first for any Olympic partner and gives one winner the once-in-a-lifetime opportunity to experience the emotions and unforgettable moments that happen at every Olympic Winter Games."

Visa recently reported a 10 percent quarterly increase in its net operating revenue, reaching $1.9 billion in the fourth quarter. ADNFCR-2514-ID-19541345-ADNFCR

Related News - Credit Card Processing

Interchange fees still being negotiated

30/07/2010

Last week, U.S. President Barack Obama signed the Dodd-Frank financial reform bill into law and gave the Federal Reserve Bank the authority to regulate fees incurred when consumers pay at credit card machines. However, the fight is far from over.

Full Article

Consumers and merchants plan protest to Durbin Amendment

22/07/2010

A coalition of consumers, merchants and payment processing professionals are banding together against the passage of the Durbin Amendment in the recently approved Dodd-Frank financial reform bill.

Full Article

MasterCard announces new global executive

20/07/2010

MasterCard Worldwide has found someone to increase the number of debit transactions credit card machines process worldwide.

Full Article

Market for branded prepaid cards expected to quadruple

13/07/2010

Credit card terminals are going to experience an large rise in branded prepaid card use, a new report finds.

Full Article