Lloyds Bank: banking group to move 10 million credit and debit cards to Visa

Approximately 10 million Lloyds Banking Group cards will migrate to Visa's network within the next two years, due to a fresh agreement secured between the two firms. The companies announced that they had renewed and expanded an existing agreement for Visa to be the leading payments provider for Lloyds, which also includes brands Halifax, Bank of Scotland and MBNA.

Lloyds will handle the migration process, ensuring a smooth transition from Mastercard to Visa. You should receive communication from Lloyds closer to the time when your card will be migrated. Marc Lien, Credit Cards Managing Director at Lloyds Banking Group said: “Our expanded partnership with Visa brings significant benefits to our customers, offering a seamless way to make payments.

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