# Visa News

Only a fortnight after a leading U.S. supermarket chain announced it was ditching Visa in favor of a cryptocurrency-based alternative, the multinational financial service and payment processor is building a new team that will be dedicated to the cryptocurrency ecosystem. A Part of the Visa Crypto Team Visa Inc. is...

Major U.S.-based retailer Kroger has announced it will no longer accept Visa Credit cards at its Smith’s food and drug stores because of exorbitant fees. Anthony Pompliano Tweeted a suggestion to hook them up with Bitcoin’s Lightning Network countrywide, and it appears like Kroger may be taking up the offer....

Visa as just announced it is buying British cross-border payments processor firm Earthport, for £198 million, reported Reuters on December 27, 2018.  Earthport Acquisition Visa Inc (V.N) has announced it is buying Earthport Plc (EPO.L), a British company enabling cross-border transactions for banks and financial businesses using the blockchain technology....

While bitcoin serves many functions, one its most substantial uses is as a payment system. Typically the metric that has been used to compare Bitcoin to companies like VISA, Paypal, or even newer blockchains that tout higher transaction capacity, is through how many transactions the system can handle, usually seen...

Visa CEO Al Kelly doesn't see cryptocurrencies posing a threat to Visa in the near future, and said that the financial services giant won't get into the cryptocurrency business until they become more traditional payment instruments, CNBC reported on October 25, 2018. Visa Not Keen on Crypto Investments Just yet...