San Francisco, CA, United States
San Francisco, CA, United States

Visa Inc. is an American multinational financial services corporation headquartered in Foster City, California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards and debit cards. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash-access programs to their customers. In 2008, according to The Nilson Report, Visa held a 38.3% market share of the credit card marketplace and 60.7% of the debit card marketplace in the United States. In 2009, Visa’s global network processed 62 billion transactions with a total volume of $4.4 trillion.Visa has operations across Australia, Oceania, Asia-Pacific, North America, Central and South America, the Caribbean, Western Europe, Central and Eastern Europe, Africa and Middle East. Visa Europe is a separate membership entity that is an exclusive licensee of Visa Inc.'s trademarks and technology in the European region, issuing cards such as Visa Debit and Visa Credit. Wikipedia.


Time filter

Source Type

Systems, methods and devices for providing a single-use payment credential usable in a financial transaction are disclosed. In a method conducted at a remotely accessible server, a request for a single-use payment credential is received from an issuing financial entity. The request includes a consumer identifier of a consumer. The server associates the consumer identifier with a single-use payment credential in a database and transmits the single-use payment credential to a communication device of the consumer for presentation to a merchant. The server receives a transaction request including the single-use payment credential from an acquiring financial entity and transmits an indication of the transaction request in respect of the consumer identifier to the issuing financial entity such that the financial transaction may be completed.


A system, configured to integrate the processing of transactions and offers applicable to the transactions, includes: a data warehouse storing an offer in association with a financial payment account; a gateway configured to receive an authorization request that is transmitted from a transaction terminal without going through an acquirer processor, the gateway coupled with the data warehouse to determine whether the offer is applicable to the authorization request and if so, apply a benefit of the offer to the authorization request; and a transaction handler coupled with the gateway to process the authorization request submitted from the gateway, provide an authorization response corresponding to the authorization request, and communicate with the acquirer processor to credit funds according to the authorization request to a merchant account associated with the transaction terminal.


Patent
Visa | Date: 2017-02-08

An object that enables electronic commerce is disclosed where the object has a holographic image on security contacts. The security contacts may be in communication with a security element that provides security features. The contacts may be placed in predetermined locations but may be extended to create a complementary identifiable image.


A system includes a transaction handler configured to split a transaction, initiated between an acquirer processor representing a merchant and an issuer processor representing an account holder, into separate transactions with the issuer processor and at least one sponsor processor that is configured to provide the benefit of offers to applicable transactions. A portal is configured to notify the account holder of the award/redemption of the benefit of an offer using a communication channel separate from the transaction terminal that initiates and approves the transaction between the account holder and the merchant.


Patent
Visa | Date: 2016-03-30

A computer implemented method of payment. The method includes receiving, via a digital communication network, guest data corresponding to a transaction. The method also includes securely storing guest identifying information in a guest database and determining, via one or more processors, a guest transaction total based on the number of prior transactions associated with the guest identifying information. The method also includes comparing, via the one or more processors, the guest transaction total to a predetermined threshold number of transactions and determining, via the one or more processors, that the guest transaction total is greater than the predetermined threshold number of transactions. Finally, the method includes, in response to the determination that the guest transaction total is greater than the predetermined number threshold number of transactions, removing a guest transaction option.


The MULTI-DIRECTIONAL WALLET CONNECTOR APPARATUSES, METHODS AND SYSTEMS (W-CONNECTOR) facilitates the enrollment of payment accounts in a consumers virtual wallet. The consumer may be logged into their payment account issuers web site and designate one or more payment accounts for enrollment in a virtual wallet. The issuer may then share account, billing and/or other relevant information with the virtual wallet provider to facilitate the enrollment of the designated payment accounts in the virtual wallet. The W-CONNECTOR may also be configured to facilitate the creation and funding of pre-paid accounts in a consumers virtual wallet.


Patent
Visa | Date: 2016-02-24

Disclosed is a system for improving a mobile payment application. In an example, the system may provide for receiving from a portable computing device a first payment authorization request message comprising a total amount due and a payment credential, and responding to the portable computing device with a first call identifier. The system may further provide for receiving a second payment authorization request comprising a second call identifier from a merchant backend server, comparing the first call identifier and the second call identifier for verification, and, in response to a successful comparison, communicating a message indicating that the first call identifier has been verified.


Disclosed is a system to enable enhancing data shared between different parties to take advantage of contextual applications by creating a parallel secure, compartmentalized and governable data storage and exchange framework. In an example, the system may provide for receiving an authorization request for a financial transaction, forwarding the request to a payment account issuer, creating a digital Topic, determining authorized parties to access the digital Topic, and determining a permission level for each of the authorized parties to access Topic elements of the digital Topic. In further aspects, in response to the authorization being approved, the example system may include communicating an approved authentication, receiving an itemized list of items purchased, adding the items to the Topic, notifying the authorized parties about creation of the Topic, and communicating a specific hash key to each of the authorized parties for accessing the Topic.


A computing apparatus includes: a transaction handler configured to process transactions; a data warehouse configured to store transaction data recording the transactions and to store event data for travel related events; a pattern detector configured to identify correlation data relating transaction patterns in the transaction data and the events identified in the event data; a portal configured to, in response to an occurrence of a first event, provide merchants with a report of a predicted spending pattern, including the identification of a set of consumers, identified based on the correlation data and data identifying the first event; a score generator to compute a value score for a traveler based on transaction data of the traveler; and a data services platform configured to provide the value score to a hotelier in response to a transaction processed by the transaction handler to check in the traveler at the hotelier.


In one aspect, a computing apparatus is configured to represent offer rules based on requirements for the detection of predefined types of events, and actions scheduled to be performed in response to the detection of each occurrence of the events. The events are processed independently from each other and are linked via prerequisite conditions to formulate the requirements of an offer campaign. In one embodiment, the requirements for the detection of the events are specified based on predetermined types of events, including a first type for an event specified for interaction with a first user when the first user performs an action as a result of a referral from a second user, and a second type for an event specified for interaction with the second user in response to the first user performing the action.

Loading Visa collaborators
Loading Visa collaborators