Partnership of National City and Visa to last further

September 16, 2008 - 5:55am | News | Plastic cards |
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[img_assist|nid=7085|title=|desc=|link=none|align=left|width=100|height=63]National City and Visa are determined to continue their partnership through which National City is to keep on providing its customers with Visa consumer and commercial credit and check card products, while adding Visa Interlink and PLUS as the bank’s primary PIN debit and ATM networks.

Under the terms of the deal National City will shift to Visa Debit Processing Service as it provides single-point access to global Visa payment products and services, and real time risk analysis on every online transaction including purchases and ATM transactions.

“National City’s choice to add Visa’s complete array of consumer debit products and utilize our debit processing services underscores the breadth and value of our integrated debit program for financial institutions and their customers,” said Bill Sheedy, President, North America, Visa Inc. “The opportunity in debit is significant, as consumers increasingly turn to ready funds for everyday purchases. We will continue to work closely with National City to develop payment solutions that best meet the unique needs of its customers and help the bank to meet its business goals.”




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