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Myanmar To Grant Visa-On-Arrival To Indian Tourists: President Kovind

Tuesday, December 11, 2018, 4:40 PM

To boost people-to-people relations with India, Myanmar will provide visa-on-arrival for Indian tourists, President Ram Nath Kovind said today as he began his five-day visit to the country. President Kovind's visit to Myanmar aims to continue India's high level engagements with Myanmar under the rubric of 'Act East Policy' and 'Neighbourhood First Policy'.
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Visa, Mastercard offer to cap tourist card fees to end EU probe

Wednesday, December 5, 2018, 9:02 AM

Visa and Mastercard have offered to cap the fees charged on card-payments made by tourists in European Union to stave-off fines and end an EU antitrust investigation. The European Commission, which has waged a decades-long crackdown on payment and credit card fees, says so-called interchange fees in which the merchant's bank pays a charge to the cardholder's bank, result in higher prices for consumers.
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Visa takes minority stake in Billdesk, valuation hits $1.8 billion

Saturday, November 17, 2018, 9:59 AM

American payments processor Visa said it is taking a minority stake in Indian payment gateway BillDesk. Reports had earlier said that Visa was looking to invest nearly $250 million in BillDesk, valuing it at around $1.5-2 billion. Mumbai-based BillDesk processes digital payments worth over $60 billion a year and provides customers with payment options like cards and e-wallets.

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