Economy

Visa Outage In Europe Halts Some Transactions

Visa Outage In Europe Halts Some Transactions

The card payments company says services are back to normal and its systems are working at "full capacity" on Saturday.

By late Friday, banks and card machine providers said Visa had corrected the outage and transactions were starting to go through, with some delays due to a backlog of transactions.

They further clarified that the issues were not a result of any cyber attack. "We apologise to all our partners & especially to Visa cardholders who were affected". As declared, they are investigating the cause, and the resolving of the problem is in process.

"From what we understand there are still intermittent issues but services are slowly recovering".

Visa cards are now down, as the network crashes only one day after payday.

Users across the United Kingdom and the Continent were affected, although the problems were worse in some places than others.

More news: Venezuela frees more anti-Maduro activists

Payment card company Visa reported a service disruption in Europe on Friday, leaving businesses and customers unable to make purchases or receive payments.

"Our goal is to ensure all Visa cards work reliably 24 hours a day, 365 days a year". ATM and MasterCard transactions are not impacted.

Lloyds Bank said: "We are aware of an industry wide issue effecting Visa payments which is under investigation".

They said con artists could phone up, posing as a company wanting to check your bank details. "We will keep you updated", Visa said in a 5:00 pm update. Can you advise on best route to resolution as this is causing me serious problems.

It has gone really quiet and people have been paying with gift cards. Queues built up at petrol stations and shopping was left at supermarket tills as customers were unable to pay.