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Visa Inc.

Multinational financial company best known for credit and debit cards

Visa Inc. (Under CC License)

Visa Inc. is an American multinational financial services corporation headquartered in Foster City, California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, gift cards, and debit cards. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash-access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network processed 100ย billion transactions during 2014 with a total volume of US$6.8ย trillion.

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Allegations a convicted drug trafficker could bribe his way out of deportation from Australia have been referred to the anti-corruption agency.
Credit: SBS - Published 2 days ago

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