Visa Card Payments Failing in UK, Europe, Highlighting Need for Decentralized Options

Published on by Cointele | Published on

We are currently experiencing a service disruption which is preventing some Visa transactions in Europe from being processed.

In comparison, the Bitcoin's decentralized network has been functional 99.99 percent of the time since its inception on Jan. 3, 2009.According to the Payment Systems Regulator, the problem is isolated to solely Visa card payments.

Barclays and the Bank of Ireland have told their customers to withdraw cash using ATMs.We are aware some customers are experiencing Visa debit card issues.

We are aware that some customers are experiencing issues with Visa Card Payments.

NatWest June 1, 2018 We are aware of an industry wide issue affecting Visa payments which is under investigation.

Visa are working hard to resolve the issue as quickly as possible.

According to the BBC, the supermarket chain Tesco has said that the Visa problem is affecting customers using contactless payment, but not those using chip and pin payment systems.

Sainsbury's has also noted it was seeing problems with Visa card payments.

Card payment solution Paymentsense tweeted that Visa has "Corrected the outage" and the current interruptions are due to a "Backlog of transactions:".

We have been informed that VISA has corrected the outage and transactions are now starting to go through.

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