Visa and ACTIVE Network Form Multi-Year Strategic Alliance

by PaymentsJournal 0

Cross-Promotional Marketing and Visa Checkout PaymentOption to Further Increase Flexibility and Ease of ACTIVE’s Online RegistrationProcess

Dallas, TX – May 3, 2017 –ACTIVE Network®, the premier global marketplace for activities andevents and an industry-leading provider of intelligence solutions, todayannounced a multi-year strategic alliance with Visa Inc. (NYSE: V) to offer Visa Checkout,the easier way to use a Visa card online, as a payment option across itsactivity and event registration platforms globally. The multi-year agreementalso includes both ACTIVE and Visa investing in a series of digital,cross-promotional marketing activities to be executed throughout the term ofthe agreement.

“We are thrilled to partnerwith ACTIVE Network, whose customers organize activities and events across theglobe,” said Sam Shrauger, senior vice president, digital solutions, Visa Inc.“With the integration of Visa Checkout across ACTIVE’s online and mobileproperties, even more consumers will have a safe, secure, and seamless way touse their Visa card online.”

Upon implementation of theprogram this summer, ACTIVE will provide Visa Checkout as a payment option foranyone who registers for an activity or event through ACTIVE.com® and its mobile app, in addition to any in-apppurchases. Recently reaching more than 20 million accounts, Visa Checkoutenables millions of consumers to pay in just a few clicks on any device aroundthe web with some of the world’s top merchants. Visa Checkout will soon beavailable to consumers registering for activities across ACTIVE’s online andmobile properties within the United States, Canada, Ireland, and the UnitedKingdom.

“This unique relationshipbetween ACTIVE and Visa is not only mutually beneficial for our two companies,it’s a win for our customers as well as for consumers seeking both convenienceand security when registering for activities and events,” said Greg Ingino,chief information officer for ACTIVE Network. “We’re consistently working tointegrate new solutions into our technology suite that benefit our customers.By adding Visa Checkout, we’re making it easier for people to register for andparticipate in our customers’ events and activities.”

About Visa

Visa Inc.(NYSE:V) is a global payments technology company that connects consumers,businesses, financial institutions, and governments in more than 200 countriesand territories to fast, secure and reliable electronic payments. We operateone of the world’s most advanced processing networks — VisaNet — that iscapable of handling more than 65,000 transaction messages a second, with fraudprotection for consumers and assured payment for merchants. Visa is not a bankand does not issue cards, extend credit or set rates and fees for consumers.Visa’s innovations, however, enable its financial institution customers tooffer consumers more choices: pay now with debit, pay ahead with prepaid or paylater with credit products. For more information, visit https://usa.visa.com/ and @VisaNews.

About ACTIVENetwork

ACTIVE Network®is the premier global marketplace for activities and events, connectingparticipants and activity organizers, while offering intelligence solutionsthrough our industry-leading data and insights platform. Ourenterprise-level ACTIVEWorks® platform offers organizers advanced SaaS technology thatstreamlines the administration of activities and events. Our ACTIVE Network Activity Cloud® platform combines intelligence solutions and data tools toprovide actionable insights that help organizers better manage their events andincrease both

revenue andparticipation. Founded in 1999, ACTIVE Network is headquartered in Dallas,Texas, with offices throughout North America, Europe, Asia andAustralia. For more information, please visit ACTIVEnetwork.com and follow us on Twitter.