Visa Inc Company Description
Paper or plastic? Visa hopes you choose the latter. Visa operates the world's largest consumer payment system (ahead of MasterCard and American Express) with some 1.6 billion credit and other payment cards in circulation. It licenses the Visa name to member institutions, which issue and market their own Visa products and participate in the VisaNet payment system (authorization, transaction processing, and settlement services). Visa also provides its customers with debit cards, Internet payment systems, value-storing smart cards, and traveler's checks. Visa Inc. -- created by a restructuring of several Visa organizations -- went public in 2008 and raised about $17 billion.
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The Company Description provides a historical perspective of Visa Inc's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Visa Inc's evolution in the marketplace.




