Visa

Company Overview

Visa Inc. was founded in 1958 and is headquartered in Foster City, Calif. The company operates a processing network, VisaNet, which facilitates the authorization, clearing and settlement of payment transactions, worldwide. The company provides services in more than 200 countries and territories for electronic payments for consumers, businesses, financial institutions and governments. The company provides a variety of payment solutions that support payment products; issuers can offer account holders pay now with debit, pay ahead with prepaid or pay later with credit products. Visa operates in a four-party model, which includes card-issuing financial institutions, acquirers and merchants. 

Financial Highlights (FY 2024)

Company's Business Segments

• Service revenue : This segment includes Services provided in Support of Client Usage of Visa Payment Services.
• Data processing revenue : This segment includes Authorization, Clearing, sSettlement; Value-added Services related to Issuing, Acceptance, Risk and Identity Solutions, Network Access, Other Maintenance and Support Services.
• International transaction revenue : This segment includes Cross-Border Transaction Processing, Currency Conversion Activities.
• Other revenue : This segment includes Consist mainly of Value-added Services related to Advisory, Marketing, Certain Card bBenefits, License Fees for use of the Visa brand or technology; Fees for account holder services, Data Process Certification and Licensing
• Client incentives : This segment includes paid to Financial Institution Clients, Merchants and other business Partners to Grow Payments Volume, increase Visa product acceptance, encourage merchant acceptance and use of Visa payment services and drive innovation.