Lloyds Banking Group expands card and payments partnership with Visa in the UK

Lloyds Banking Group has reinforced its partnership with Visa, naming it as the principal scheme provider for its major UK brands. They plan to integrate new products and services, enhancing financial and lifestyle support for customers while utilizing Visa's advanced anti-fraud tools. The 40-year alliance will continue with Visa issuing all debit and the majority of credit cards for Lloyds, with an additional 10 million cards transitioning to Visa by 2026. This partnership aligns with Visa's innovative drive, as seen with its recent investment in revolutionary card technology. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures