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Home > Company Index > Financial Services > Consumer Loans > Visa International

Visa International
 NEWS FROM THE STANDARD
Visa to Secure Online Purchases in Hong Kong
Jul 03 2001 11:10 AM PDT

Visa Sets Specifications for Online Authentication
Jun 29 2001 03:33 PM PDT

Pitching Privacy
Jun 06 2001 03:59 PM PDT

Rent a Castle
Dec 04 2000 12:00 AM PST

Showbiz
Oct 30 2000 12:00 AM PST

 PROFILE
Paper or plastic? Visa International hopes you'll choose the latter. Visa operates the world's largest consumer payment system (ahead of MasterCard and American Express) with about 1 billion credit and other payment cards in circulation. The company is owned by 21,000 banks, each of which issues and markets its own Visa products in competition with the others. They all participate in the VisaNet payment system, which provides authorization, transaction processing, and settlement services for purchases from 19 million merchants worldwide. In addition to credit cards, Visa also provides its customers with debit cards, Internet payment systems, value-storing smart cards, and traveler's checks.

 COMPETITION
American Express Company (AXP)
MasterCard International Incorporated (dossier)
Morgan Stanley Dean Witter & Co. (MWD)

 DEALS
Deal: Ericsson and Visa International Partner
Date Announced: 11.17.99
Value of transaction (US $Mil): 0
Description: Ericsson and Visa International will develop payment solutions for Internet purchases with a mobile terminal.

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 3,000,00
1-Yr. Sales Growth: 7.1%
Employees: 5,000
Revenue per employee: $600,000,00

 KEY PEOPLE
• Malcolm Williamson
    CEO
• Ken Sommer
    CFO

 CONTACT INFO
900 Metro Center Blvd.
Foster City, CA 94404
US
Phone: 650-432-3200
Fax: 650-432-3087
Online: Web Site

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