Visa suffers ‘service disruption’ across Europe

Visa announced Friday that it's experiencing a "service disruption" that is preventing transactions from going through.

Long lines were reported at train stations on Friday and businesses lost sales because customers' cards were declined, MarketWatch reported.

Irish banks have said they are aware of the issue and working to get it resolved.

Visa was not able to immediately comment on the outage.

Visa's payment network crashed across the United Kingdom and Europe on Friday, sparking chaos as customers' transactions were failed or being denied, according to a British newspaper.

HSBC's UK Twitter account replied to a customer query on Twitter: "We believe there may have recently been issues with Visa's payments processing".

The company said it is working towards resolving the problem.

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Retailers also confirmed that payments were failing across the UK.

Because Visa run a lot of the payment systems, all credit and debit cards could be affected by the problems.

A United Kingdom wide payment issue is affecting local businesses this afternoon. "We will keep you updated".

Mastercard said its payment network was functioning normally.

"We've just been shopping and my Visa card didn't work". We had to pay in cash.

Shopper Leo Mackillop, 27, from south west London, told Sky News: "The queue in the local Co-op was huge".

Dan Heley, 30, from Luton and living in Weston-Super-Mare, posted a photo of KFC warning customers that they were unable to accept cards.

A statement issued by the company this evening suggested it did not know the cause of the problem.

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