Page 16 - Visa

Australia to rebate visa fees for international students, backpackers

Australian PM Scott Morrison said the government would rebate visa fees for international students and backpackers to support the workforce challenge amid surging Covid-19 cases nationwide.

Amazon's UK site backs away from plan to stop taking Visa credit cards

The online retailer said the change would not be implemented as planned on Wednesday

Russia in contact with US over normalising visas: Russian Foreign Minister

Russia is permanently raising the problem of normalizing issuing visas during the contacts with the United States, Russian Foreign Minister Sergey Lavrov told Sputnik."During the contacts with the United States at various levels, we are permanently speaking about the need to normalize the process of issuing visas," the minister said."However, amid the degradation of the bilateral relations, Washington is unlikely to soften the visa policy," Lavrov added.

PhonePe is first payments firm to tokenise cards on Visa, Mastercard, Rupay

The company claims the tokenisation solution will help businesses save significant time and effort by removing the need to integrate with multiple card networks while complying with RBI norms

Worldline partners with major card networks to launch tokenisation solution

Worldline said that it has developed a fully interoperable plug-and-play solution to enable card on file tokenisation using single integration

Visa launches crypto advisory service for financial institutions, merchants

Visa Inc launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gains steam

Covid-19 caused permanent shift to digital payments, says Visa CEO

People are choosing not to get cash to shop but actually using their debit cards to shop now, he said

We have processed over $20 billion in transactions: Open CEO Anish Achuthan

We have an advantage over fintechs that offer lending based on credit bureau scores or conventional bank statements, said Achuthan

What's behind Indians' credit card spending surge in recent months?

India's credit card spending is back with a bang. What is driving the surge? Does this indicate a quick economic recovery? What are the lessons we can draw from this trend? Let us take a look

Visa beats quarterly profit estimates on travel, online spending boom

Total cross-border volume rose 38% on a constant dollar basis from a year earlier

India resumes 2018 agreement permitting visa-free travel for Maldivians

Maldives Foreign Minister Abdulla Shahid on Sunday said he is delighted that India has agreed to resume the 2018 Dec Visa Exemption Agreement between the two countries, under which no visa will be required for Maldivians travelling to India.The 2018 Dec Visa Exemption Agreement between the Maldives and India was temporarily suspended due to the COVID-19 border closure.Taking to Twitter, Shahid informed that from mid-October the Maldivian nationals will be exempt from visa requirements for tourists, medical and business purposes."Delighted that India has agreed to resume the 2018 Dec Visa Exemption Agreement between the Maldives & India, which was temporarily suspended due to COVID-19 border closure. From 15 Oct 2021, Maldivian Nationals will be exempt of visa requirements for tourists, medical & business purposes," Shahid tweeted.He also thanked Prime Minister Narendra Modi and External Affairs Minister S Jaishankar for considering the request to resume the ...

VFS Global's India connection in focus as ownership changes hands

VFS Global, which is being acquired by Blackstone, was founded in Mumbai in 2001

Visa launches India's 1st card 'token' service for online platforms

Visa's card tokenisation service is currently available with ecommerce platforms such as Grofers, Bigbasket and MakeMyTrip.

Private lender YES Bank resumes credit card issuance with Visa tie-up

Its credit card issuance activity was hit in July after the Reserve Bank of India placed curbs on Mastercards

Mastercard ban: RBL Bank restarts credit card issuances with rival Visa

Two months after getting hit by the regulatory ban on Mastercard, private sector lender RBL Bank on Wednesday restarted credit card issuances on rival Visa's payment network. The Reserve Bank of India had banned Mastercard from issuing any new cards on July 14 this year for not complying with data localisation requirements. The move had hit a slew of lenders, including RBL Bank, which was fully dependent on the American payment company for its credit card business. RBL Bank said it signed up with Visa on July 14 itself, and the technology integration was achieved in record time to restart new issuances. Its head for retail business thanked Visa and technology partner Fiserv, and exuded confidence of meeting its target of issuing 12-14 lakh credit cards in FY22. Visa's head of business development for India Sujai Raina said the company aims to enable digital payments and help customers avail credit offerings from issuers with ease. Credit cards contribute 37.5 per cent of the retai

UAE introduces new residency guidelines to attract foreigners

The new 'Green Visas' will allow expatriates to apply for work without being sponsored by an employer

Visa repositions its brand to shed cards entity image

It wants to be known as a payments network and player in the digital payments arena

UAE temporarily suspends visa-on-arrival for passengers arriving from India

Authorities in the UAE have temporarily suspended the visa-on-arrival facility for passengers who are arriving from or have been in India in the past 14 days, according to Etihad Airways. The Abu Dhabi-headquartered airline, which is the second flag carrier of the UAE, said in a tweet that it is working to update its website with the latest information. The UAE authorities have decided to temporarily suspend the Visa-on-arrival facility for passengers who are arriving from or been in India in the past 14 days, Etihad said on Twitter. The tweet was in response to a query by a passenger whether an Indian citizen holding a US visa can fly to Abu Dhabi and get visa-on-arrival and travel to Dubai without quarantine. The airline also advised passengers to please keep an eye on https: //bit.ly/TravelGuideEN for latest regulations. The latest travel update is applicable to passengers having a visa or residence permit issued by the US, the UK or a European Union member state. Travel ...

India, Pak issue diplomatic visas to each other after 28 months

India and Pakistan have issued assignment visas to each other's diplomats after a gap of around 28 months as both countries are trying to normalise ties

US okays a record 55,000 student, exchange visas in 2021 from India so far

Embassies and Consulates typically begin interviewing fall semester students in May. But this year, the pandemic created logistical challenges for the US Mission's consular teams