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Payment system Visa reported a malfunction in the work of maps in Europe


In Europe, the owners of bank cards of the Visa payment system on June 1 experienced difficulties in the calculations. Visa is trying to fix the problems caused, allegedly, by a failure in the system.
 
Payment system Visa reported a malfunction in the work of maps in Europe
 
In the second half of the day, the owners of bank cards began to complain in social networks about problems when trying to pay with a Visa card. Particularly their discontent is caused by the fact that the problems started on Friday evening, when people plan their weekend.

In addition, the publication of the Independent reported that payments on cards do not pass through the whole of the UK, and cardholders, when they try to pay them off at sites or in ordinary stores, receive a message that they have broken communication with the service or refused to pay. Reports of unsuccessful attempts to pay by the card come from other countries.

Visa Company reported on Twitter that it is aware of the problem and is trying to solve it.

"We are investigating the cause and working on the problem as quickly as possible to resolve the situation," the report says.

According to the regulator of payment systems, the problem with payments is only with the Visa system.

The payment system recognized the presence of a failure and promised to solve the problem as soon as possible

Later, Visa's payment system reported that a massive malfunction in the work of cards in Europe on June 1 is not related to hacking or malicious activity. They noted that at the moment the system is operating at a level close to normal.

"The problem was the result of a hardware failure. We have no reason to believe that this was due to any unauthorized access or malicious event, "said in Visa.

The company noted that transactions on cards in Russia are carried out in the working mode.

Visa Inc. - American transnational company that provides payment services. It is the basis of the association of the same name. Since September 20, 2013 the price of its shares is involved in the calculation of the Dow Jones index. The annual trade turnover on Visa cards is 4.8 trillion US dollars. Visa cards are accepted for payment in trade outlets of more than 200 countries of the world. The organization plays a central role in developing innovative payment products and technologies that are used by 21,000 financial institutions - members of the payment system and holders of their cards. At the beginning of the third millennium, VISA accounted for about 57% of payment cards in the world, MasterCard's main competitor was about 26%, the third American Express system was slightly more than 13%. The situation radically changed in 2010: out of 8 billion cards in circulation, 29.2% were China UnionPay versus 28.6% Visa, although Visa was still leading in terms of payments.

 
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    GDP of the world's countries 2017
    List of the IMF in trillion. $.

      1 USA - 19,284
      2 China - 12,263
      3 Japan - 4,513
      4 Germany - 3,591
      5 Great Britain - 2,885
      6 France - 2,537
      7 India - 2,487
      8 Italy - 1,901
      9 Brazil - 1,556
      10 Canada - 1,530
    GDP per capita world countries 2017 (table)

    List of the IMF in $

      1 Luxembourg - 108004.9
      2 Switzerland - 79347.76
      3 Norway - 72046.29
      4 Qatar - 67269.64
      5 Macao - 61365.29
    The state debt of the countries of the world 2017

    Public debt of 2017 countries as a percentage of GDP

      1 Japan - 250,91
      2 Lebanon - 147,62
      3 Italy - 131,71
      4 Eritrea - 127,5
      5 Portugal - 127,33
      6 Cape Verde- 122,25
      7 Bhutan - 122,12
      8 Jamaica - 116,07
      9 USA - 107,48
      10 Barbados - 106,58
    Gold and currency reserves of the countries of the world 2017

    International reserves, billion USD

      1 China - 3080,7
      2 Japan - 1260,0
      3 Switzerland - 773,1
      4 European Union - 745,9
      5 Saudi Arabia - 492,9
      6 Taiwan - 444,4
      7 Russia - 419,9
      8 Hong Kong - 413,3
      9 India - 393,6
      10 Republic of Korea - 383,8

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