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Visa Inc. is a US multinational financial services company, providing payment operation services. It enables electronic transfers of funds around the globe, mainly through the Visa-branded credit and debit cards. Visa plays a major role in the development of pioneer payment products and technologies, used by financial institutions and card holders around the world. It operates across the Americas, Europe, Africa, Middle East, Australia, Oceania and the Asia-Pacific region.
The company does not issue cards, determine rates and fees or extend credit for consumers. It rather offers financial institutions with Visa-branded payment products, utilised to provide credit, debit, prepaid and cash-access programmes to their clients. Visa, also, regulates the relations arising between buyers, sellers and the issuing banks when making electronic payments. As of 2012, they were more than 2,011 billion Visa cards in operation, accepted by more than 20 million financial institutions worldwide.
Number of employees: 10,000
Year of establishment: 1970
Headquarters: Foster City, California, United States
Official site: www.visa.com
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