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Visa payment issues in the EU? (2)


06-01-2018 09:03 PM #1 shishev (Moderator)
Visa payment issues in the EU?

Anyone seeing a dip in sales?

Visa payment disruption hits Europe

Excerpted from: http://www.bbc.com/news/business-44335804

Customers across the UK and Europe have been unable to pay for some of their purchases with Visa cards because of a network failure.

Shoppers reported being stuck in queues in supermarkets and petrol stations as Visa transactions could not be processed.

Banks have advised customers that they can still withdraw cash from ATMs.

Visa says it is working to resolve the issue. Mastercard and American Express said they were not affected.

Payment processing through Visa's systems accounts for £1 in £3 of all UK spending, the company said.

Paymentsense, which runs card services for small businesses, said some transactions were now starting to go through but there was a backlog.

Responding to complaints on social media, HSBC said there were issues with processing Visa payments, which were intermittent, but were "slowly recovering".

However, the Post Office reminded people they could still use their Visa debit cards to withdraw cash at its branches over the weekend.

VisaNewsEurope on Twitter: https://twitter.com/VisaNewsEurope/s...79704161951745


06-02-2018 01:15 AM #2 vortex (Senior Moderator)

Another reason to explore the COD model...



Amy

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