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Visa Inc. (NY: V)
209.36 USD  UNCHANGED
Official Closing Price  /  Updated: 6:40 PM EDT, Apr 16, 2014  /  Add to My Watchlist      
(V) Community Analysis from
April 17, 2014
(Jutia Group, 3/31/14)
[Reuters] - Visa Europe will cut the rate it charges for card transactions in Poland, also known as the interchange rate, to 0.5 percent from 1.2 to 1.3 percent, the payments company said on Monday. The reduction will come into force from July 1, Visa added. Read more on this. Visa Inc. (V), [...]
(Jutia Group, 3/27/14)
[Reuters] - Wal-Mart Stores Inc this week sued Visa Inc for $5 billion, accusing the credit and debit card network of excessively high card swipe fees,...(read more)
(The Market Financial, 10/31/13)
Today, Visa Inc (NYSE:V) reported earnings. The big news with Visa was that the consumer vanished in October they said. Literally, vanished. The stock is trading at $198.20,...(read more)
Visa (V) Company Overview

Visa (NYSE: V) operates the largest retail electronic payment network in the world, and has the largest Credit Card Network in terms of branded credit and debit cards in circulation, transactions, and total volume.[1] Visa earns its revenues by providing the information and resources to complete transactions amongst the customer, the merchant and their respective banks, collecting a fee based on the number and dollar value of transactions that it processes. Visa does not actually extend credit to its customers; rather, its member banks such as Capital One Financial (COF), Bank of America (BAC), or Wells Fargo (WFC) extend the credit. There are more than 1.7 billion Visa branded cards in the global market.[2] In 2010, Visa's operating revenue reached $8.1 billion, and its net income was $3 billion.[3]

Visa recently received news that the Federal Reserve missed a deadline for issuing final rules that would put restrictions on debit interchange fees that banks and debit card companies are able charge to merchants.[4] Industry analysts generally see this as a positive for Visa and its competitors such as Mastercard (MA), as it may signal that the Federal Reserve is weighing other scenarios that may be less extreme or detrimental than the initial proposals.

(Read more at Wikinvest )

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