News Details

Visa Inc. Statement Clarifying U.S. Department of Justice Announcement

07/25/2013

Foster City – July 25, 2013 – Earlier this morning, the U.S. Department of Justice announced the indictment of a group of hackers that targeted dozens of companies, including an independent acquirer processor in Jordan that previously used the name Visa Jordan Card Services (VJCS). VJCS, now known as Emerging Markets Payments – Jordan, is an independent third-party processor and is a separate company from Visa Inc.

About Visa Inc.: Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 30,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit corporate.visa.com Corporate Backgrounder

Contacts:

Jay Hopkins
CRC Public Relations, for Visa Inc.
+1 703 683 5004 ext. 107
jhopkins@crcpublicrelations.com