Visa Inc (N:V)
Business Focus: Internet Security & Transactions Services
| Sector: Technology | Industry: Internet Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | P.O. Box 8999 SAN FRANCISCO CA 94128-8999 |
| Tel: | N/A |
| Website: | https://usa.visa.com |
| IR: | See website |
| Key People | ||
| Ryan Mcinerney Chief Executive Officer, Director | Kelly Mahon Tullier Vice Chairman, Chief People and Corporate Affairs Officer and Corporate Secretary | Christopher H. Suh Chief Financial Officer |
| Rajat Taneja President - Technology | Paul D. Fabara Chief Risk Officer | Julie B. Rottenberg General Counsel |
| Business Overview |
| Visa Inc. (Visa) is a global payments technology company. The Company provides digital payments across more than 200 countries and territories. The Company connects consumers, merchants, financial institutions, businesses, strategic partners and government entities through technologies. The Company operates through the payment services segment. The Company provides transaction processing services, including primarily authorization, clearing and settlement to its financial institution and merchant clients through VisaNet, its transaction processing network. Its core business solutions, including credit, debit, prepaid and cash access programs for individual, business and government account holders. It also provides value-added services to its clients, including issuing solutions, acceptance solutions, risk and identity solutions, open banking and advisory services. It also offers products and solutions that facilitate money movement for all participants in the ecosystem. |
| Financial Overview |
| For the six months ended 31 March 2024, Visa Inc revenues increased 9% to $17.41B. Net income applicable to common stockholders increased 14% to $9.48B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Investment income (expense) and other increase from $108M to $516M (income), Marketing decrease of 2% to $631M (expense). |
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