Visa Inc. is a global payments technology company providing electronic payment solutions to its clients worldwide. It is one of the largest retail electronic funds transfer networks used globally.
Visa provides transaction processing services through its global processing platform, VisaNet, payment products, and other value-added services to its clients. In addition, the company has adopted new digital payment and security technologies, such as contactless and tokenization.
The company has a presence in more than 200 countries and territories worldwide. More than 188 billion global transactions are processed through VisaNet each year. VisaNet is Visa Inc.’s reliable and secure processing system, which has supported the company’s growth across the world.
A majority of credit and debit cardholders in the U.S. prefer Visa and there are 3.3 billion Visa cards in use today. Most of its clients are consumers, businesses, banks, and governments.
DISCLOSURE: Please note that links to merchants mentioned within this post might be using an affiliate link. Using an affiliate link means that, at zero cost to you, I might earn a commission if you buy something through that affiliate link.
Key Investment Data
- Ticker: nyse:v
- Sector: Financial Services
- Industry: Credit Services
- Market Cap: 494.80B
- P/E: 43.50
- Dividend Yield: 0.54%
- Payout Ratio (TTM): 26.20%
Competitors
Expert Picks
Source link