About
Visa is a four-party card network run by Visa Inc.: banks and fintechs issue Visa credit, debit and prepaid cards, acquirers sign up merchants, and Visa's network carries authorisation and settlement between them. Cardholders pay by chip or contactless tap, with a tokenised card in a phone wallet, or by entering card details online. In fiscal 2025 Visa reported nearly five billion payment credentials issued by about 14,500 financial institutions, 329 billion transactions and $17 trillion in total payments and cash volume, with acceptance at more than 175 million merchant locations in over 200 countries and territories.
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News
Shopify adds seven local payment methods, Shop Pay checkout inside AI agents and free fraud tools
Shopify's Fall '26 Edition adds Alipay, WeChat Pay, GrabPay and four more methods, puts Shop Pay in AI agents and launches Shopify Protect at no extra cost.
Google Pay goes live in Nigeria with Mastercard cards from four banks, but few shop terminals take phone taps
Google Wallet launched in Nigeria on 28 October with cards from FirstBank, GTBank, UBA and Zenith Bank; Verve and most Visa cards are not yet included.
Chargebacks911 offers merchants indemnity against chargebacks on purchases made by AI agents
The dispute firm says it will identify agent-made transactions and cover merchants for qualifying chargebacks, without changes to checkout or fraud tools.
