Statement on Wirecard Card Solutions Ltd
Statement on Wirecard Card Solutions Ltd
Visa supports economic recovery by helping millions of small businesses
Global campaign to help 50 million small businesses adapt, reopen and get back to business, while encouraging consumers to support their local businesses and communities In Europe, Visa is working closely with its network of industry, technology and community partners to support eight million small businesses impacted by the economic shutdown in Europe
‘Adapt for Recovery’ | How small businesses are building for the future
As non-essential shops begin to reopen their doors, over half (56%) of small business owners surveyed are concerned they will not be able to bounce back from the impact of COVID-19, according to a new survey released by Visa today.
New lockdown habits here to stay: Majority plan to keep spending more frequently online
Almost a third of Brits (31%) bought items online for the first time during lockdown
Newfound online confidence saw 41% shopping online more frequently
Three quarters (74%) of more frequent online shoppers will continue to shop online even as restrictions are lifted
Groceries, clothing, books and games the most popular items being purchased online
LONDON, 3 June 2020:New research commission
Visa supports Pay.UK in delivering successful request to pay pilot ahead of full service launch
Visa has facilitated the first request to pay message sent and received using Pay.UK’s standards, ahead of the anticipated commercial launch of request to pay later this year.
UK Consumer Spending Index February 2020: First rise in consumer spending for 17 months
Headline Findings: • Consumer expenditure up +0.6% year-on-year, first rise since September 2018 • eCommerce sees solid increase in spending (+4.3%) • Hotels, Restaurants & Bars leads growth in February (+6.0%)
UK Consumer Spending Index January 2020: Household spending continues to fall at the start of 2020
Headline Findings: • Consumer expenditure down -1.6% year-on-year, after -1.1% drop in December • eCommerce spend slips back into decline (-0.7%) following strong upturn in December • Hotels, Restaurants & Bars is the only sector to record higher spending (+4.5%)
Treorchy High Street crowned 'UK's best' in Great British High Street Awards
• Treorchy has been crowned ‘High Street of the Year’, with ‘Rising Star of the Year’ awarded to The Square, Kelso in the Government-run Great British High Street Awards 2019, in partnership with Visa • The high streets, commended for innovation and community engagement, win £15,000 for the local community • Champion and Rising Star high streets across all four Home Nations also announced
Visa launches scheme to enhance access to cash through retailers
• Visa is working with its clients to introduce a new incentive to encourage more retailers to offer cashback to their customers; • Scheme targets vulnerable areas where consumers struggle to access cash; • Initiative follows focused pilot with Lloyds Banking Group last year.
UK Consumer Spending Index December 2019: Overall consumer spending falls despite strong eCommerce performance
Headline Findings: • Household spending drops -1.2% on the year, after -2.0% decline in November • Solid rise in eCommerce spend (+3.8%) is offset by further decline across Face-to-Face categories (-3.4%) • Hotels, Restaurants & Bars remains top performing sector (spend up +3.8%)
Independent children’s boutique scoops national TV advertising spot after winning Visa’s Christmas copycat competition
• Modern kids’ store, Bon Tot, has been selected as the winner of Visa’s #WhereYouShopMatters copycat competition • Bon Tot will see their winning submission aired in a prime-time ad spot during ITV’s Dancing on Ice on 22nd December
UK Consumer Spending Index November 2019: Consumer spending falls modestly during November
Headline Findings: • Household spending falls -2.0% compared to a year ago • Face-to-Face (-2.0%) and eCommerce (-2.6%) register lower expenditure • Hotels, Restaurants & Bars buck the overall trend and sees higher spend (+3.9%)
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