VISA CARD

Visa Inc is an American multinational financial services corporation head quartered in San Francisco, California, United States. It facilitates electronic funds transfer throughout the world, most commonly through Visa branded credit 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 credit, Debit, prepaid and cash access programs to their customers In 2008, according to the Nilson report, Visa held a 38.3% market share of the credit card market place and 60.7% of the debit card market place in the United States. In 2009, Visa Global Network (known as visa-Net) processed 62 billion transactions with a total volume of $ 4.4 trillion.

            Visa has operations across Asia – pacific, North America, Central & South America, The Caribbean, Western Europe, Central & Eastern Europe, Africa and Middle East. Visa Europe is a separate membership Entity that is an exclusive license of visa Inc’s trademarks and technology in the European region, issuing card such as visa Debit.