VISA INC

VISA INC

Visa Inc., traded under the ticker symbol "V" on the New York Stock Exchange, is an American multinational payment card services corporation headquartered in San Francisco, California. The company facilitates electronic funds transfers globally through Visa-branded credit cards, debit cards, and prepaid cards, but does not issue cards or extend credit itself; instead, it provides financial institutions with Visa-branded payment products. Visa operates in over 200 countries, processing transactions in more than 160 currencies, and its systems are capable of handling over 65,000 transactions per second. In fiscal 2023, Visa processed nearly $15 trillion in total volume, making it the largest payment processor in the world. The company also offers various commercial payment solutions and operates the Plus automated teller machine network and the Interlink EFTPOS point-of-sale network. As of 2022, Visa reported earnings of $14.96 billion and an annual revenue of $29.31 billion, ranking it among the largest U.S. corporations by revenue.