1月15日，Visa宣布支持中国持卡人Apple Pay绑卡。Visa将与Apple一起，支持中国持卡人将Visa卡绑定至Apple Pay，并在境外的线下商户、 移动app或线上网站等多种场景进行支付。目前，全球79%的线下交易来自"一拍即付"。 Visa中国区总裁尹小龙表示："全球数字支付飞速发展的同时，消费者对基于手机的、互联互通的移动支付方式的需求也与日俱增。一直以 来，Visa致力于为中国持卡人提供多元的支付选择，让他们无论身处何地，都能安心自在地畅享支付之旅。此次，Visa秉持着对中国市场和 持卡人长期不变的承诺，在数据安全与支付安全领域加大投入，推出支付标记化服务并率先实现其在跨境场景的应用。我们很高兴与Apple 及金融机构携手，率先为中国持卡人带来更安全、更便捷的移动支付新体验。" 据悉，首批支持的发卡银行包括：中国工商银行、中国银行、中国农业银行、交通银行、招商银行、中信银行、平安银行及兴业银行。Visa 和Apple正在与包括上海浦东发展银行、中国建设银行、中国民生银行、中国光大银行在内的更多银行伙伴紧密合作，相关功能将于未来陆 续上线。 据了解，使用Apple Pay线下支付时，消费者 ...

数字银行Revolut、Visa（Visa）和万事达（Mastercard）在英国发起的一项诉讼以失败告终，该诉讼针 对的是一项拟议中的国际交易手续费监管上限政策。 伦敦高等法院于周四作出裁定，英国支付系统监管局（PSR）有权对跨境转接手续费设定价格上限。这 类手续费由Visa和万事达向银行收取，自英国脱欧以来，其金额已出现显著上涨。 尽管欧洲各地的金融科技公司及银行开展了密集游说，此项裁定仍得以落地。2025年，Visa与Revolut曾 对该监管机构提起司法审查，称英国支付系统监管局越权行事，且相关举措会损害市场竞争。 值得注意的是，此前美国总统唐纳德·特朗普呼吁将信用卡利率限制在10%以内，此举引发了银行业与 支付行业的强烈不满，而本次裁定恰好在该事件发生数日后出炉。 截至发稿，Visa、Revolut和万事达均未就周四的裁定结果回应置评请求。 2023年，英国支付系统监管局发现，英国脱欧后跨境在线支付转接手续费涨幅超过五倍，遂提议为这类 手续费设定价格上限。 目前，该价格上限的具体标准及实施日期尚未由英国支付系统监管局敲定。英国政府已决定撤销该监管 机构，并将其职能并入英国金融行为监管局（FCA）。 ...

Core Viewpoint - Wall Street's bull market continues with significant growth potential in select companies, despite the overall market being historically expensive [1][2][3] Group 1: Market Overview - The S&P 500 index increased by 16% in 2025, marking three consecutive years of at least 15% growth [1] - Historical trends indicate that the market tends to decline by 20% or more when it becomes expensive, as it currently is [2] Group 2: Investment Opportunities - Growth companies are identified as safe investment options for 2026, despite the market's high valuation [3] Group 3: Visa and Mastercard - Visa and Mastercard are highlighted as top growth stocks due to their focus on payment processing rather than lending, making them resilient during economic downturns [4][5] - Visa's cross-border payment volume increased by 13% in fiscal 2025, while Mastercard's grew by 15%, indicating strong international growth potential [9] Group 4: Pinterest - Pinterest's global monthly active users reached 600 million, with a 5% increase in average revenue per user (ARPU) during the September quarter [10][11][12] - The company has a strong balance sheet with $2.67 billion in cash and no debt, representing nearly 15% of its market cap [13] Group 5: Okta - Okta is positioned as a key player in cybersecurity, with a 17% growth in remaining performance obligations, indicating strong future revenue potential [18] - The company's forward P/E ratio is near an all-time low, suggesting an attractive valuation for investors [19] Group 6: Meta Platforms - Meta Platforms boasts an average of 3.54 billion daily active users across its apps, allowing it to command premium ad prices [22] - The company has $44.5 billion in cash and generated $79.6 billion in net cash from operations in the first nine months of 2025, providing ample resources for growth initiatives [24]

Core Insights - Visa has officially announced support for Chinese cardholders to link their Visa cards to Apple Pay, enabling convenient payments in various scenarios such as overseas merchants, mobile applications, and online websites [1] - The global trend shows that 79% of offline transactions are completed through contactless payment methods [1] Group 1: Company Strategy - Visa aims to provide diverse payment options for Chinese cardholders, enhancing their payment experience globally [1] - The collaboration with Apple is a significant step in Visa's long-term commitment to the Chinese market, focusing on data and payment security [1] Group 2: Partnerships and Implementation - Initial banks supporting this service include major institutions such as Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, and others [1] - Visa and Apple are working with additional banks like Shanghai Pudong Development Bank and China Construction Bank to advance system integration, with features expected to roll out in phases [1]

Core Insights - Visa and Apple Pay have launched a collaboration to allow Chinese cardholders to link their Visa cards to Apple Pay for seamless cross-border payments, enhancing the efficiency and experience of international transactions [1][3][6] Group 1: Collaboration Details - The partnership enables Chinese cardholders to use Apple Pay for payments at overseas merchants, mobile apps, and online platforms, facilitating contactless transactions [3][4] - The initial participating banks include Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, and others, with more banks expected to join in the future [4][6] Group 2: Consumer Benefits - The integration of Visa and Apple Pay allows for a streamlined payment process, reducing the need for repeated entry of card information, thus enhancing user convenience [5][6] - Apple Pay's standardized interface is designed to lower the usage threshold for consumers, making it easier to conduct transactions abroad [5][6] Group 3: Security Features - The collaboration incorporates advanced security measures, such as the use of a unique device account number generated by Visa's tokenization technology, which helps mitigate fraud risks [6][7] - Sensitive payment information is not stored on devices or Apple servers, ensuring a higher level of security for users [6][7] Group 4: Bank Strategy - This partnership represents a strategic move for banks to deepen their cross-border financial services and enhance customer engagement by embedding their card products into global mobile payment scenarios [6] - Banks are also launching promotional activities to encourage users to link their Visa cards to Apple Pay, enhancing the overall value proposition for consumers [5][6]

Core Viewpoint - CITIC Bank has announced support for binding its Visa credit and debit cards to Apple Pay, enhancing digital financial services for customers traveling abroad [1] Group 1: Digital Financial Innovation - The integration of Visa cards with Apple Pay is part of CITIC Bank's efforts to accelerate digital transformation and improve financial service convenience and competitiveness [1] - This initiative is aimed at injecting new momentum into cross-border payment solutions, aligning with the financial needs of outbound customers [1] Group 2: Apple Pay Features - Apple Pay offers a simple, secure, and private payment method that can be used in various scenarios, including physical stores and online platforms [2] - Setting up Apple Pay is straightforward, requiring users to add their CITIC Bank Visa cards through the bank's app or directly in the Apple Wallet [2] Group 3: Security and Customer Benefits - Security and privacy are central to Apple Pay, with actual card numbers not stored on devices or Apple servers, utilizing a unique device account number for transactions [3] - Cardholders can enjoy the same rewards and benefits as with physical cards, including exclusive offers from Visa for travel and other scenarios [3] Group 4: Market Trends and Future Plans - There is a growing trend in outbound tourism among Chinese residents, with increasing booking volumes for overseas travel [3] - CITIC Bank plans to strengthen partnerships globally and expand overseas consumption scenarios to enhance digital financial services [3]

Core Insights - Citic Bank has announced support for binding its Visa credit and debit cards to Apple Pay, allowing cardholders to make payments anywhere Visa's "tap to pay" is accepted, both online and offline [1][4]. Group 1: Digital Financial Innovation - The integration of Apple Pay is part of Citic Bank's efforts to accelerate its digital transformation and enhance the convenience and competitiveness of its financial services [1]. - This initiative is seen as a significant step in promoting digital financial innovation and injecting new momentum into cross-border payment solutions for outbound customers [1]. Group 2: User Experience and Security - Apple Pay offers a simple, secure, and private payment method, allowing consumers to use it across various scenarios, including physical stores and online platforms [4]. - The setup process for adding Citic Bank's Visa cards to Apple Pay is straightforward, requiring users to follow prompts in the bank's app or the Wallet app on their iPhone [4]. - Security is a core feature of Apple Pay, as actual card numbers are not stored on devices or Apple servers; instead, a unique device account number is generated and securely stored [6]. Group 3: Customer Benefits and Market Trends - Cardholders can continue to enjoy the same rewards and benefits as with physical cards, including exclusive offers from Visa for first-time users and travel-related discounts [6]. - The demand for outbound travel among Chinese residents remains strong, with increasing booking volumes reported by major travel platforms, indicating a growing interest in international exploration [6]. - Citic Bank aims to strengthen relationships with global partners and expand overseas consumption scenarios to enhance user experience in digital finance [6].

Core Insights - Visa has announced support for Chinese cardholders to link their Visa cards to Apple Pay, enabling payments in various scenarios such as overseas merchants, mobile apps, and online websites [1][4] - Currently, 79% of global offline transactions are conducted via contactless payment methods [1] Group 1: Payment Process - Users can add their Visa card to Apple Pay by opening the Wallet app on their iPhone, tapping the plus sign, and following the prompts to link to their bank app [4] - Once the card is added to devices like iPhone, Apple Watch, and iPad, users can immediately start using Apple Pay [4] - Each Apple Pay transaction requires security verification through Face ID, Touch ID, or device password, ensuring secure payment processing [1] Group 2: User Benefits and Promotions - Cardholders will continue to enjoy the same rewards and benefits as with their physical cards, with Visa introducing initial binding promotions and discounts for travel and overseas living scenarios [4] - The first batch of supporting banks includes major institutions such as Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, and others, with more banks expected to join in the future [4]

Group 1 - Visa has become the first international card organization to support Apple Pay card binding for Chinese cardholders, enabling more convenient payments [1] - The initial rollout includes support from eight banks, including Industrial and Commercial Bank of China and China Bank, with more banks expected to join later [1][2] - The collaboration aims to enhance cross-border payment convenience for Chinese consumers, allowing them to use Apple Pay for contactless payments abroad [2][4] Group 2 - The card binding process is simplified, allowing users to add their Visa cards to Apple Wallet without manual entry, and some banks offer instant card issuance and binding [3] - Visa has invested in payment security, introducing tokenization services to ensure safer transactions, particularly in cross-border scenarios [4][5] - Over 50% of e-commerce transactions within Visa's global ecosystem have adopted payment tokenization, significantly reducing fraud rates [5] Group 3 - Security measures include the use of a unique device account number that is encrypted and stored securely, ensuring that actual card numbers are not stored on devices or servers [6][7] - In case of device loss, Visa can immediately deactivate the digital account number upon request from Apple or financial institutions [6] - The introduction of this service is seen as a significant step for dual-branded cards, enhancing the payment experience for cardholders both domestically and internationally [8]

Core Insights - Apple and Visa announced support for Visa cards issued in mainland China to be linked to Apple Pay, enhancing mobile payment options for users [1] - The initiative aims to address the mobile payment needs of existing cardholders, particularly for cross-border transactions and frequent travelers [2] Group 1: Market Context - The current mobile payment landscape in China is dominated by QR code payments, with lower acceptance of "tap-to-pay" methods like Apple Pay [3] - Visa reported that 79% of global offline transactions come from "tap-to-pay" solutions, indicating a significant gap in domestic adoption compared to international markets [2] Group 2: User Experience and Security - When a credit card is linked to Apple Pay, the actual card number is not stored on the device or Apple's servers, enhancing security through tokenization [3] - The system generates a unique device account number that is encrypted and stored securely, ensuring safe transactions for users [3] Group 3: Operational Details - Users can add their Visa cards to Apple Pay via the Wallet app or directly through their bank's app, enabling immediate use on compatible devices [4] - Some banks, like China Merchants Bank, are innovating with an "instant activation" process, allowing users to apply for and use Visa cards without waiting for physical cards [4] Group 4: Future Outlook - The support for Visa card linking is expected to attract new user groups and increase usage scenarios for Apple Pay, contingent on the growth of Apple's user base and outbound consumption demand [5] - Future integration of more international payment networks is anticipated, with existing technological infrastructure supporting such developments, although regulatory compliance remains a key challenge [5]