VISA Inc. - V STOCK NEWS

Visa has launched its Money Movement Advisory Practice in the United States and Canada, a new value-added service offered by Visa Consulting & Analytics (VCA). This strategic initiative aims to help clients navigate the complex money movement industry, estimated at $200T globally. The practice leverages Visa's payments expertise to simplify financial transactions in a digital-first world.

Visa's Money Movement solutions, including the Visa Direct network, enable real-time, secure transactions globally for both low and high-value payments, reaching up to 8.5 billion endpoints across 190+ countries and territories. The new practice will focus on assisting clients with strategy definition, user experience optimization, and implementation support for Visa's Money Movement solutions.

WSPN, a provider of next-generation stablecoin infrastructure, has secured $30 million in Seed funding led by Folius Ventures and Foresight Venture. The company is introducing 'Stablecoin 2.0', aiming to redefine digital payments with enhanced security, efficiency, and transparency. WSPN's team brings expertise from industry leaders like CTH, Paxos, and Visa (NYSE: V).

Key features of Stablecoin 2.0 include:

• User-centric value distribution through a governance token
• Community-driven governance with on-chain voting
• Enhanced accessibility and payment system upgrades
• Development of a comprehensive value ecosystem

Visa (NYSE: V) has announced its participation in two upcoming investor conferences. On August 29, Chris Newkirk, Global Head of New Flows, will present at the Deutsche Bank Technology Conference at 9:30 a.m. PT for about 35 minutes. On September 11, Chris Suh, Chief Financial Officer, will present at the Goldman Sachs Communacopia + Technology Conference at 10:10 a.m. PT, also for approximately 35 minutes.

Audio webcasts and replays will be available for 30 days after each event on Visa's Investor Relations website. Visa, a global leader in digital payments, facilitates transactions across over 200 countries and territories, aiming to connect the world through innovative and secure payment solutions.

Visa, the Official Payment Technology Partner of the Olympic and Paralympic Games, has released data showing a significant boost in tourism and spending in France during the Olympic Games Paris 2024. Key highlights include:

- 42% increase in Visa cardholders traveling to Paris in the first week of the Games compared to 2023
- Other host cities saw substantial visitor increases: Lille (188%), Saint-Etienne (150%), and Marseille (48%)
- US Visa cardholders represented the largest share of visitors with a 72% year-on-year growth
- Visa cardholders who attended Games competitions spent 24% more than those who did not
- Significant spending increases in theatres & museums (205%), restaurants (67%), and retail goods (53%)

Visa's custom payment network across 32 Olympic and 16 Paralympic venues ensured seamless transactions for visitors, contributing to the Games' economic success.

Visa, the Official Payment Technology Partner of the Olympic and Paralympic Games, has released data showing a significant boost in tourism and spending in France during the Olympic Games Paris 2024. Key findings include:

- 42% increase in tourists visiting Paris during the first week of the Games compared to 2023
- US Visa cardholders represented the largest share of visitors, with a 72% year-on-year increase
- Other host cities like Lille (188% increase), Saint-Etienne (150%), and Marseille (48%) also saw significant growth in visitors
- Fans attending competitions spent 20% more than non-attendees
- Restaurants in Paris saw a 49% year-on-year increase in spending

Visa implemented a custom payment network across 32 Olympic and 16 Paralympic venues, ensuring contactless payments at 3,500 points of sale. The company also launched the Visa Go app to connect visitors with local businesses during the event.

Visa, the Official Payment Technology Partner of the Olympic and Paralympic Games, has released data showing significant consumer spending increases during the 2024 Paris Games. Small businesses in Paris saw a 26% year-on-year rise in sales during the opening weekend. Notable spending increases were observed in theatres & museums (+159%), food & grocery (+42%), and restaurants (+36%).

The largest share of overseas spend comes from U.S. Visa cardholders (29%), with substantial year-on-year increases from Brazilian (+33%) and Japanese (+129%) cardholders. Contactless payments accounted for 78% of international purchases, up 9% from the previous year. Flight bookings to Paris increased by 39%, with a 120% growth in travelers under 35. Cities hosting Olympic events outside Paris also experienced significant spending increases.

Visa (NYSE: V) has announced its fiscal third quarter 2024 financial results. The company will host a live audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these results. Investors and interested parties can access the webcast and related materials through Visa's Investor Relations website at investor.visa.com.

Visa, a world leader in digital payments, facilitates transactions across more than 200 countries and territories. The company's mission is to connect the world through an innovative, convenient, reliable, and secure payments network. Visa aims to enable individuals, businesses, and economies to thrive by promoting financial inclusion and access.

OpenTable and Visa have announced a collaboration called the Visa Dining Collection, offering eligible Visa cardholders exclusive access to prime restaurant reservations and events across North America. The program launches in Los Angeles and Chicago, with plans to expand to over 500 restaurants in 34 cities by 2025.

Initially available to Visa Infinite® and Visa Infinite Privilege® cardholders, the collection includes a range of restaurants from MICHELIN-starred venues to local favorites. The initiative aims to reward diners while supporting restaurants by bringing in new customers. Cardholders can also access exclusive culinary events featuring noteworthy chefs.

Participating restaurants include acclaimed establishments like Rose Mary and Virtue in Chicago, Bestia and Kato in Los Angeles, with more high-profile venues joining soon in cities like Miami, New York, San Francisco, and Washington, D.C.

Visa (NYSE: V), the Worldwide Payment Technology Partner of the Olympic and Paralympic Games, has announced its final roster of 147 Team Visa athletes for the Paris 2024 Games. This diverse team includes athletes from 67 countries across 40 sports, with notable names such as Simone Biles and Noah Lyles. The roster also features 46 Paralympic athletes, making it Visa's largest Paralympic team to date.

Visa is enhancing the Olympic experience for both attendees and remote fans through various initiatives. They have introduced the Visa Go mobile app, offering unique experiences, exclusive content, and special deals for Visa cardholders. Additionally, Visa has commissioned six global artists to create street art displayed throughout Paris, highlighting local businesses.

Visa's commitment to seamless payment solutions includes implementing contactless payment acceptance at 3,500 points of sale across Olympic and Paralympic venues. As part of their long-standing partnership with the Games, Visa is the exclusive card payment method at these events. Fans can also participate in Visa's immersive experience on Roblox's Olympic World and various community engagement initiatives in Paris.