BNET Industries
Market Cap:$38.1B
Last Fiscal Year Sales:$1.4B
- Public
- US
Dow Jones Description
Visa Inc. operates the world's largest retail electronic payments network providing processing services and payment product platforms. This includes consumer credit, debit, prepaid and commercial payments, which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys unsurpassed acceptance around the world, and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than 170 countries.
Number of Employees 5,479
Contact Information
PO Box 8999
San Francisco, California 94128
800.847.2911
Peer Companies
NAICS Code Credit Card Issuing: 522210
Recent Events
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Rockefeller asks credit card firms about Net charges
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Visa stock could hit record high in early 2010
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Oppenheimer & Co. initiates coverage of Visa Inc. at 'outperform'
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Visa and SHPS, Inc. Renew Relationship Bringing the Convenience of Visa Payments to Employee Benefit...
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Calyon Securities USA Inc. reiterates Visa Inc. at 'buy'
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American Express to enter market for online payments
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U.S. Bank Offers Visa Mobile Application to Cardholders
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Visa Transaction Alerts Now Available to Clients in North America
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ClairMail Signs Development and Deployment Agreement to Integrate
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MasterCard Set To Release Q3 Earnings
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Stocks in the Spotlight Wednesday
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Susquehanna Lifts Price Target on Visa Inc. V to $85
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MasterCard Swings to Profit
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Visa renews as Olympic sponsor through 2020
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Visa COO John Partridge named president
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Visa Incorporated F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
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Nine Companies Increasing Dividends
News & Analysis
Filter by
antitrust and visa inc. - All News and Analysis
Payout Process Begins in Largest Antitrust Settlement in US History; Class Counsel Constantine Cannon Manages Settlement of Visa Check/ MasterMoney Litigation
- 2005-06-06
NEW YORK, June 6 /U.S. Newswire/ -- The law firm of Constantine Cannon, lead counsel for U.S. merchants in the Visa Check/ MasterMoney Antitrust Litigation, today announced the start of the payment process for $3.383 billion in compensatory relief to eligNEW YORK, June 6 /U.S. Newswire/ -- The law firm...
American Express files suit for antitrust damages
- 2004-12-01
American Express Co., New York City, has filed a lawsuit against Visa, MasterCard and eight major banks that are members of the bankcard associations. The suit, filed in the U.S. District Court in Manhattan, seeks monetary damages for the business lost asAmerican Express Co., New York City, has filed a...
MasterCard, Visa lose card appeal; the US Supreme Court has rejected appeals by Visa and MasterCard of a ruling that the two credit card associations violated antitrust law by barring banks from issuing credit cards for rival networks
- 2004-10-18
The top court's action, issued without comment, is expected to benefit issuers such as MBNA Corp, as well as American Express, which has been aggressive in courting bank partners. Morgan Stanley's Discover unit, which has been working to expand its own payment network, is also pursuing partners. The...
Statement by Discover Financial Services on U.S. Supreme Court Decision to Deny Visa and MasterCard Appeal in Antitrust Case
- 2004-10-04
RIVERWOODS, Ill. -- David W. Nelms, Chairman and Chief Executive Officer of Discover Financial Services, a business unit of Morgan Stanley (NYSE:MWD), issued the following statement regarding today's decision by the U.S. Supreme Court to deny an appeal by Visa and MasterCard in an important antitrust case regarding the Visa...
Discover Financial Services Files Federal Lawsuit against Visa and MasterCard for Damages Stemming from Antitrust Violations
- 2004-10-04
RIVERWOODS, Ill. -- Company also praises Supreme Court decision that clears the way for more competition and choice in credit and debit card networks
Merchant advisory reports new rates
- 2004-02-01
A merchant advisory is being released by the lead counsel for merchants in the Visa/MasterCard antitrust legislation. The advisory contains information on new interchange rates for Visa and MasterCard signature debit transactions scheduled to go into effeA merchant advisory is being released by the lead counsel for merchants in the...
Settlements signed in Visa, MasterCard antitrust case
- 2003-07-01
Formal settlement agreements have been signed by parties in the antitrust case against Visa U.S.A. and MasterCard International. The multi-billion dollar agreement will be submitted to the U.S. District Court in Brooklyn, N.Y. for preliminary approval.Formal settlement agreements have been signed by parties in the antitrust case against Visa U.S.A....
The Credit Card Cases
BNET
- 2002-11-11
Banks that are members of Visa and MasterCard would be well-advised to consider taking steps to limit their potential exposure to persons injured by the challenged antitrust violations. When Visa was unable to require banks to choose between Visa and MasterCard, most banks chose to be members of both and...
Banks await Wal-Mart anti-trust case outcome with trepidation. (Comment).(suit against MasterCard, Visa)(Brief Article)
- 2002-07-01
Whatever the outcome of the anti-trust case pitting Wal-Mart against MasterCard and Visa, the banks should reassess their retail payment strategies Whatever the outcome of the anti-trust case pitting Wal-Mart against MasterCard and Visa, the banks should reassess their retail payment strategies
Dodging the consumer harm inquiry: A brief survey of recent government antitrust cases
- 2001-10-01
INTRODUCTION The antitrust laws should stop business practices that harm competition or distort the competitive process. If the courts-or economists-knew the precise design of the "competitive process" that maximized consumer welfare, we could simply prohibit practices that deviate from competitive norms. Unfortunately, economists do not have a "competitive process bible"-a...
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