Visa outage: payment chaos after card network crashes

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"Visa is now experiencing a service disruption", the company said in a statement on Friday.

Stephen O'Shea, Head of Media Relations for AIB, also confirmed to JOE that while it is not a localised issue, it is affecting Irish customers. So it may be a good idea to hold off on using your Visa card until the issue is solved completely.

The Bank of Ireland said some of its customers were experiencing problems, telling the Financial Times the issue "is impacting banks across Europe".

The company say on its website that it provides a range of merchant services to over 60,000 independent businesses across the United Kingdom and Ireland.

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

A number of British banks said it should still be possible for customers to take cash out from ATMs using their cards.

"Where a card payment is declined we're asking customers for alternative forms of payment, ie cash, or another card".

Mastercard said its payment network was functioning normally.

However, in the neighbouring store, transactions were being processed without any problems.

"Not knowing when this is going to be sorted out is incredibly frustrating".

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