Visa International

Olympic boost for HK athletes

Team Visa, comprising four sports stars sponsored by the credit-card organisation, is urging the public to support Hong Kong athletes' bid to book their places in the 2008 Beijing Olympic and Paralympic Games.

Tuesday, 14 August, 2007, 12:00am

Number of chip-coded Visa cards to double

Visa International expects the number of its microchip-embedded credit cards in circulation in Hong Kong to double by the end of this year, a step it says will counter rising fraud.

James Dixon, Visa's country manager for Hong Kong and Macau, said 1 million of the 8 million Visa cards issued in Hong Kong were chip cards.

7 Feb 2007 - 12:00am

Hongkongers go shopping with four credit cards

The 3 million people in Hong Kong eligible to own a credit card have four of them on average, a leading credit card company says.

17 Mar 2006 - 12:00am

Thriving economy lifts Visa's platinum

The number of Visa platinum cards in circulation in Hong Kong rose to 481,000 at the end of September, 30 per cent more than at the same time last year, the global payment brand said.

15 Dec 2004 - 12:00am

Asian and mainland visitors key to tourism

Hong Kong's retail and services industries rely more heavily on visitors from other Asia-Pacific countries than most other major destinations in the region, according to a report compiled by Visa International.

27 Nov 2004 - 12:00am

OUTBREAK CAUSES SHARP FALL IN CARD SPENDING

Visa International said Sars triggered a sharp fall in card spending in Hong Kong last month as consumer confidence plunged. It said domestic transactions for the four weeks to April 27 fell 9.8 per cent year on year, while those made by overseas Visa cardholders slid 51 per cent. Visa said card spending rose 8.6 per cent to HK$26.52 billion in Hong Kong in the first quarter.

9 May 2003 - 12:00am

Zhang bonds with Visa again

Improving on a successful advertising campaign is a tricky task for any company. For Visa International, the solution has been to reprise a winning formula, namely having Zhang Ziyi (right) parody a hit movie.

5 Dec 2002 - 12:00am

Visa gets ATM green light

Visa International has received official approval for its Visa and Visa/Plus cards to draw Chinese currency from 1,028 automatic telling machines (ATM) in Shanghai, the company says. By the end of the year, its new Golden Card Network would be connected to all Shanghai ATMs, Visa said yesterday.

25 Jun 1997 - 12:00am

Visa issues smart-card

Visa Cash has upped the ante in its fight with rival Mondex by launching an electronic cash product that combines ATM (automated teller machines) and stored-value payment functions into one card.

15 Apr 1997 - 12:00am

Cash card no threat to Visa credit card

Despite the increasing popularity of Visa Cash in Hong Kong, Visa International does not see the new product eating into the market share of Visa's traditional credit card product.

The company said the two served different purposes, with different clientele bases.

24 Sep 1996 - 12:00am

Visa reports rise in Asian credit card use

THE credit-card industry in the Asia-Pacific region is booming, with more consumers than ever before carrying plastic.

Visa International said the number of cards issued in the region rose 12 per cent from 62 million to 70 million last year.

16 Apr 1995 - 12:00am