SERVICE DISRUPTION
Visa recovers from transaction outage
London — Payment systems company Visa recovered on Saturday from a hardware issue that had left it struggling to process transactions at bars, shops and cash machines across Europe. The blockage left some customers stuck at the tills in stores across the continent late on Friday, while others were forced to queue at ATMs. "Visa has resolved a technical issue which occurred yesterday in Europe and prevented some consumers from using Visa for payments," the firm said in a statement 12 hours after it first reported issues. "Visa Europe’s payment system is now operating at full capacity, and Visa account holders can now use Visa for any of their purchases and at ATMs, as they normally would." The issue was a result of a hardware failure and "is not associated with any unauthorised access or cyberattack", it said. CEO Al Kelly apologised to customers and businesses "for any inconvenience". "Our goal is to ensure all Visa payments work reliably 24 hours a day, 365 days a year. We fell wel...
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