News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

News

Visa experiences ‘service disruption’ in parts of Europe

Hardware failure prevented transactions from being processed for much of Friday, but problem was resolved later in the day

Visa experiences ‘service disruption’ in parts of Europe

Consumers in parts of the UK and Europe couldn’t use Visa cards for much of Friday after a system failure prevented transactions from being processed, the company said. The problem was resolved later in the day, The Wall Street Journal reports.

“Visa had a system failure that impacted customers across Europe,” the company said. It added that the problem was the result of a hardware failure and that the company didn’t believe it “was associated with any unauthorised access or malicious event”.

WSJ Logo