Officials at the European Union have launched the new Visa Information System (VIS) allowing visa applications to be processed faster thanks to the use of biometrics. Fingerprints and a digital facial image will facilitate the identification of visa holders and help to avoid identity theft, the EU explained.
Visa has launched a new report illustrating the positive impact of mega-sporting events and the influence they have on tourism spending in the event host countries. Among the first organisations to note the increasing important of mega-sporting events to tourism was World Sports Tourism Congress, which will be examining the impact of the phenomenon during the Rugby World Cup later this year.
In Hong Kong, summer is not only the season of heat and energy, but also the perfect time to splurge, as the summer sale hails avid shoppers from around the world. This summer, there are even more reasons to come and spend in Hong Kong.
Citibank and Visa have launched the Citibank World Money Visa Platinum Card, a Visa Platinum Travel Prepaid card that brings together the benefits of both Citibank’s best-in-class Travel Prepaid cards platform and Visa Platinum cards, for the first time.
Nearly half a million visitors have postponed or even cancelled trips to Europe due to the complexities of visa application programmes it has been alleged. Conservative estimates from the European Tour Operators Association put the financial loss to the European Union caused by poor visa processing at over €500 million per year.
A new report Tourism Outlook: USA from Visa Inc. indicates the tourism industry has begun to rebound during the first six months of 2010. This includes a strong growth in U.S. inbound spending from China and Brazil, which reinforces how Asia-Pacific and South America are seemingly the first to emerge from the downturn.
Visa transactions by international visitors in South Africa during the 2010 FIFA World Cup rose 70 percent to $312m, as the payments giant marked its first ever sponsorship of the football tournament.
The US has moved a step closer to charging travelers who do not require a visa a $10 fee to enter the country.
Britain is becoming a nation of holiday hagglers according to a major new travel report issued today by Visa Europe.
New data from Visa Europe, Europe’s leading payment system, indicates that UK small business spending has improved over the first two quarters of 2009, after declines in the last three months of 2008.
Visa today released announcements on Outlook: USA, is the second annual report which outlines spending by international tourist on Visa payment cards. The report found that in 2008, Visa cardholders from the U.S. spent $42.4 billion on their Visa payment cards in the top 170 destination countries. This is up almost 3 percent from 2007.