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Visa U.S.A.


Self Description

November 2001: Jointly owned by more than 21,000 member financial institutions around the globe, Visa's mission is to enhance the competitiveness and profitability of its members. http://www.usa.visa.com/personal/about_visa/who/index.html

Third-Party Descriptions

January 2010: "Here’s one finding: Rewards-earning credit cards with the Visa and MasterCard logo often cost merchants more than plain-vanilla ones, which hints at the card companies’ laserlike focus on subsidizing rewards for the affluent customers who are still spending, even if they are paying their bills off each month and thus paying no interest."

http://www.nytimes.com/2010/01/09/your-money/credit-and-debit-cards/09money.html

December 2008: 'If you have a Visa card, the service is called Warranty Manager. It is offered on Visa Signature cards but also on other cards, so you should check with you card issuer to see if you have this service. According to the Visa site, "Warranty Manager Service offers you a number of valuable features, including warranty registration and Extended Warranty Protection."'

http://weblog.infoworld.com/gripeline/archives/2008/12/visa_to_the_res.html?source=NLC-GRIPE&cgd=2008-12-16

July 2008: "For sponsors like Visa, which has been making preparations in Beijing for more than two years, the protections are welcome. Visa had a logistical challenge as well as a marketing one: it had to get merchants equipped to accept Visa cards, strike partnerships with Chinese banks and have A.T.M.’s installed."

http://www.nytimes.com/2008/07/11/business/media/11adco.html

June 2008: "The settlement comes about seven months after Visa paid more than $2.1 billion to American Express to put similar claims behind as it as raced ahead with plans for an initial public offering in March. MasterCard, which went public two years ago, had been under pressure to resolve the suit since uncertainty surrounding the litigation was one of the few clouds hanging over the rapidly rising stock."

http://www.nytimes.com/2008/06/26/business/26credit.html

April 2007: During the past few years, thousands of retailers have overhauled their payment systems to eliminate some card information. In 2003, Visa USA Inc., for example, began requiring merchants that accept its branded cards to eliminate all but the last four account digits. The rule applied to new terminals only.

http://online.wsj.com/public/article/SB117771144745785336.html

Relationships

RoleNameTypeLast Updated
Status/Name Change to Visa Organization Dec 18, 2008

Articles and Resources

37 Articles and Resources. Go to:  [Next 17]

Date Fairness.com Resource Read it at:
Jul 24, 2012 First they came for Wikileaks, then the New York Times

QUOTE: There are signs that the U.S. government wants to target mainstream journalists and media outlets for the same kind of investigation that WikiLeaks has been subjected to for publishing classified information, which makes it even more important to defend WikiLeaks’ status as a media entity.

GigaOM
Mar 22, 2010 Your best route to dispute resolution: When things go wrong with a new piece of equipment, you have several options to protect yourself from poor dispute resolution

QUOTE: Gripe Line readers offered several excellent suggestions on what to do if the goods you purchase turn out to be defective and the merchant doesn't want to make it right.

InfoWorld
Jan 09, 2010 The Damage of Card Rewards (Your Money)

QUOTE: the 1 to 3 percent or more of every transaction that merchants pay to accept the cards is a significant cost, and the small local retailers that make neighborhoods vibrant often pay a higher percentage. Stores then build those fees into higher prices, so people who aren’t earning any rewards can end up subsidizing those who do.

New York Times
Dec 12, 2008 Visa to the rescue: Caught in the MPC Chapter 11 mess (or any warranty mess, for that matter)? Maybe your credit card can help.

QUOTE: According to the Visa site, "Warranty Manager Service offers you a number of valuable features, including warranty registration and Extended Warranty Protection."

InfoWorld
Nov 24, 2008 Store credit cards a good deal?

QUOTE: Consider the following pros and cons before you apply for a store card.

Bankrate.com
Jul 11, 2008 Olympic Sponsors to Benefit Under a Tougher Stance in China (Advertising)

QUOTE: The restrictions are meant to clamp down on so-called ambush marketers, which are companies that are not official sponsors but hope to gain some halo effect from the Games. One advertiser that is likely to suffer the most is Nike, which has broad marketing ambitions in China but no qualifying sponsorship deal. Ambush marketing has long been a flashpoint at the Olympics. Sponsors pay upward of $65 million for the right to affiliate their brand with the Olympics, and they do not want their advertisements eclipsed by nonpaying competitors. The job of policing the marketing landscape is generally left to the host country, the International Olympic Committee and national organizing committees.

New York Times
Jun 25, 2008 MasterCard Pays $1.8 Billion to American Express

QUOTE: The settlement comes about seven months after Visa paid more than $2.1 billion to American Express to put similar claims behind as it as raced ahead with plans for an initial public offering in March. MasterCard, which went public two years ago, had been under pressure to resolve the suit since uncertainty surrounding the litigation was one of the few clouds hanging over the rapidly rising stock.

New York Times
Apr 28, 2007 Retailers Whose Slips Show Too Much Attract Lawsuits

QUOTE: The requirement that retailers cut off card data is part of the Fair and Accurate Credit Transactions Act of 2003, which sought to protect consumers from fraud and identity theft amid the growing use of electronic payments....As of Dec. 4, retailers are prohibited from printing more than the last five digits of a credit-card or debit-card account number on receipts that are handed to customers. The receipts also can't include the account's expiration date.

Wall Street Journal, The (WSJ)
Mar 21, 2007 To Fight Identity Theft, a Call for Banks to Disclose All Incidents

QUOTE: The hearing will revolve around two bills proposed by Senator Dianne Feinstein, Democrat of California. One would require companies to reveal when they have suffered a data breach — a measure modeled on a California law that has led to the disclosure of several prominent thefts of consumer information. The other bill would limit the use of Social Security numbers and establish criminal penalties for their misuse.

New York Times
Dec 26, 2006 Ugly Credit Card Trends

QUOTE: From fee hikes to new technologies that encourage spending, credit-card companies will look to improve their bottom line at your expense. Here are five credit-card trends that could affect your wallet in 2007, and how to avoid getting burned.

Smart Money
Jul 27, 2006 Choosing the right card to travel: Consumers can expect some pretty hefty charges for using credit cards overseas ... a little investigation beforehand is worthwhile.

QUOTE: For the credit card industry, fees linked to foreign-made purchases provide a nice line of revenue. MasterCard (Charts) and its competitor Visa charge bank issuers 1 percent for every purchase consumers make abroad...Banks jumped on the bandwagon, charging a fee of 1 to 2 percent of their own on top of the fees passed down by Visa and MasterCard.

CNN/Money Magazine
Jul 12, 2006 Well Spent: Read the fine print before using credit card abroad

QUOTE: Most large issuing banks are now charging this new fee. The "international transaction charge" is usually a separate fee slapped on top of any kind of currency-conversion charge a bank might also levy for expenditures abroad...The fees started popping up mostly on Visa cards about a year and a half ago. Now, almost all Visa and MasterCard issuers, which are individual banks, include the charges.

Seattle Post-Intelligencer
Jul 01, 2006 Suits Challenge Credit Bureaus

QUOTE: In a case with potentially far-reaching significance for mortgage applicants nationwide, a South Carolina consumer has filed class-action lawsuits against the three national credit bureaus, charging that they allow a practice that lowers the credit scores of millions of people.

Washington Post
Jul 01, 2006 Suit calls unreported credit limits unfair

QUOTE: In a case with potentially far-reaching significance for home mortgage applicants across the country, a South Carolina consumer has filed class-actions against the three national credit bureaus, charging that they allow a practice that lowers millions of individuals' credit scores.

Washington Post
May 26, 2006 Financial firms attack child porn

QUOTE: The nation's leading banks and credit card companies will soon team with law enforcement in a groundbreaking coalition to catch people who sell child pornography online...The companies will block transactions for online child porn or, if law enforcement opens an investigation, help track sellers and buyers.

USA TODAY
Apr 19, 2006 Accidental death insurance: common as credit cards

QUOTE: Each of the four major credit card brands -- American Express, Discover, MasterCard and Visa -- offers some form of what the insurance industry calls "accidental death and dismemberment," or AD&D, coverage on some or all of their consumer credit cards.

Bankrate.com
Mar 16, 2006 A siege on the child-porn market: Titans of finance join forces to try to thwart online trafficking in illicit images.

QUOTE: For the first time, titans such as American Express, Bank of America, and Citigroup will join forces to try to thwart the use of credit cards and other financial tools to buy child pornography.

Christian Science Monitor
Nov 23, 2005 Bankrate survey: Holiday gift card fees and rules

QUOTE: ...look closely at the strings attached to gift cards. The buyer can be hit with purchase fees, activation fees and shipping fees, while the user can be whacked again with inactivity fees or redemption fees. Be careful or your $50 dollar gift card may not be worth $50 for very long.

Bankrate.com
Jul 26, 2005 Main Street in the Cross Hairs

QUOTE: In the wireless hacker equivalent of a drive-by shooting wave, criminals obtained the cardholder information of tens of thousands of customers at four major stores... Recent investigations reveal that the thieves singled out stores with strong wireless signals and weakly protected data.

New York Times
Jul 20, 2005 Merchants offered tips on blocking fraud

QUOTE: Visa and the U.S. Chamber of Commerce on Wednesday said they will sponsor seminars in nine U.S. cities, starting next month, to help merchants better protect consumer data and reduce fraud.

USA TODAY

37 Articles and Resources. Go to:  [Next 17]