name: Visa company
Visa is an American multinational financial services company headquartered in Foster City, California. It facilitates electronic fund transfers worldwide, and the most common products are Visa brand credit cards, gift cards and debit cards.
Visa provides payment products under the Visa brand to financial institutions, and provides customers with credit, debit, prepayment and cash payment procedures.
In 2015, according to a Nilson report tracking the credit card industry, the Visa global network (called VisaNet) processed 100 billion transactions in 2014, with a total transaction value of US$6.8 trillion.
In addition to Antarctica, Visa has operations on all continents around the world. Almost all Visa transactions worldwide are processed through VisaNet in two secure data centers, which are located in Operations Center East near Ashburn, Virginia, and Operations Center Central near Highlands Ranch, Colorado. The two data centers can withstand major natural disasters and operate independently of each other when necessary, and can handle up to 30,000 concurrent transactions and up to 100 billion calculations per second.
Visa is the world’s second largest card payment organization (debit card and credit card), surpassed by China UnionPay in 2015.
Visa is listed on the New York Stock Exchange under the ticker symbol V. It is a constituent stock of the S&P 100 Index and a constituent stock of the Standard & Poor’s 500 Index. The CEO is Alfred F. Kelly. In 2015, there were 11,300 employees.
In 2017, Visa revenue was 18.358 billion U.S. dollars, operating income was 12.144 billion U.S. dollars, net income was 6.699 billion U.S. dollars, total assets were 67.97 billion U.S. dollars, and total equity was 32.76 billion U.S. dollars.
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