What is VISA? - Electronic Fund Processing Company

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1. What is VISA?

VISA Inc is an electronic fund processing and transfer facilitating company based in the United States of America. The primary objective of the company is to facilitate fund transfers which include payments for restaurants, payments for gas, payments for utility bills, purchasing a private jet and etc with a single card which could be in the wallet of an individual.

VISA is more like a platform that enables its stakeholders to make use of it. The three major stakeholders are the issuing bank, user, and the receiver. VISA offers majorly three major products which are VISA Credit Cards, VISA Debit Cards, VISA Gift Cards, and VISA Electron Cards.

VISA is a publicly-traded company on the New York Stock Exchange under the code of  V, which is a class A code name and currently headquartered in Fresno City, California, USA.