An American multinational financial services corporation that operates the world's largest electronic payment network for credit, debit, and prepaid cards.
Origins
Visa traces its origins to the BankAmericard credit card program launched by Bank of America in 1958. The card was renamed Visa in 1976, and Visa International Service Association was formed to manage the network across licensee banks.
Products
Visa operates VisaNet, a global payment processing network that authorizes and settles transactions for credit, debit, and prepaid cards issued by partner banks. The company does not issue cards directly.
Operations
Headquartered in San Francisco, California. Visa processes hundreds of billions of transactions per year and is accepted at tens of millions of merchant locations worldwide.
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