Visa
A legacy payments network company facing disruption from integrated fintech platforms that are building new financial rails.
First Mentioned
9/16/2025, 6:11:13 AM
Last Updated
9/16/2025, 6:15:41 AM
Research Retrieved
9/16/2025, 6:15:41 AM
Summary
Visa is a global payments technology company, founded in 1958 by Bank of America as the BankAmericard program and later renamed in 1976. Headquartered in San Francisco, California, it facilitates electronic funds transfers globally, primarily through its branded credit, debit, and prepaid cards. While it was surpassed by China UnionPay in 2015 in terms of transaction value and cards issued, Visa remains a dominant force in the global card payment market outside China, holding a 50% market share. The company operates as a traditional financial incumbent, facing competition from emerging fintech platforms like Robinhood, which aims to challenge established players in the financial services sector, alongside other incumbents like JP Morgan and Mastercard.
Referenced in 1 Document
Research Data
Extracted Attributes
Type
American multinational payment card services corporation
Founded
1958 (as BankAmericard program)
Founder
Bank of America (BofA)
Headquarters
San Francisco, California, United States
Renamed to Visa
1976
Primary Services
Electronic funds transfers, Visa-branded credit cards, debit cards, prepaid cards
Market Position (Global)
Second-largest card payment organization (after China UnionPay since 2015)
Market Share (Excluding China)
50% of total card payments
Timeline
- Founded by Bank of America (BofA) as the BankAmericard credit card program. (Source: web_search_results)
1958
- Bank of America began licensing the BankAmericard program to other financial institutions. (Source: web_search_results)
1966
- Bank of America gave up direct control of the BankAmericard program, forming a cooperative with other issuer banks. (Source: web_search_results)
1970
- The BankAmericard program was renamed Visa. (Source: web_search_results)
1976
- Surpassed by China UnionPay as the world's largest card payment organization based on annual value of card payments transacted and number of issued cards. (Source: web_search_results)
2015
- Financials reported as of this date. (Source: web_search_results)
2024-09-30
Web Search Results
- Visa Inc. - Wikipedia
Financials as of September 30, 2024( Visa Inc. (/ˈ v iː z ə,ˈ v iː s ə/), founded in 1958, is an American multinationalpayment card services corporation headquartered in San Francisco, California.( It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards.( [...] Visa is the world's second-largest card payment organization (debit and credit cards combined), after being surpassed by China UnionPay in 2015, based on annual value of card payments transacted and number of issued cards.( However, because UnionPay's size is based primarily on the size of its domestic market in China, Visa is still considered the dominant bankcard company in the rest of the world, where it commands a 50% market share of total card payments.( History [edit] Image 11 [...] Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program.( In response to competitor Master Charge (now Mastercard), BofA began to license the BankAmericard program to other financial institutions in 1966.( By 1970, BofA gave up direct control of the BankAmericard program, forming a cooperative with the other various BankAmericard issuer banks to take over its management. It was then renamed Visa in 1976.(
- All About Visas | Passport Index 2025
# Everything You Need To Know About Visas ### What Is a Visa? A visa is an official document that allows the bearer to legally enter a foreign country. The visa is usually stamped or glued into the bearer’s passport. There are several different types of visas, each of which afford the bearer different rights in the host country. Check out How Do I Apply for a Visa? for more information. ### What Is a Travel/Tourist Visa? [...] A country’s visa policy is a rule that states who may or may not enter the country. The policy may allow passport holders of one country to enter visa-free but not the passport holders of another country. Most visa policies are bilateral, meaning that two countries will allow visa-free travel to each other’s citizens, but this is not always the case. For example, Canadian passport holders may travel to Grenada visa-free, but Grenadians must apply for a visa in order to travel to Canada. [...] Travel visas can be separated into two categories: immigrant and nonimmigrant. Immigrant visas allow the bearer to reside permanently in the host country, whereas nonimmigrant visas allow the bearer entry into the host country on a temporary basis. ### What Does a Visa Look Like?
- Visitor Visa - Travel
A visa allows a foreign citizen to travel to a U.S. port-of-entry (generally an airport) and request permission to enter the United States. A visa does not guarantee entry into the United States. The Department of Homeland Security (DHS), U.S. Customs and Border Protection (CBP) officials at the port-of-entry have authority to permit or deny admission to the United States. If you are allowed to enter the United States, the CBP official will provide an admission stamp or a paper Form I-94,
- Visa, a trusted leader in digital payments | Visa
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- U.S. Visas - Travel
A citizen of a foreign country who seeks to travel to the United States generally must first obtain a U.S. visa. Visas are placed in the traveler’s passport, a travel document issued by the traveler’s country of citizenship. [...] Certain international travelers may be eligible to travel to the United States without a visa if they meet the requirements for visa-free travel. The visa section of this website contains information on U.S. visas for foreign citizens seeking to travel to the United States. [...] U.S. Visa: Reciprocity and Civil Documents by Country Travel.State.Gov>U.S. Visas ; "start of main content") U.S. Visas Image 6: visas-banner Image 7: Test2 Visit our Newsroom for information about the current status of visa services and visa restrictions. ### What is a U.S. Visa?
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Vișea, Jucu, Zona Metropolitană Cluj, Cluj, 407356, România
Coordinates: 46.8564144, 23.8736114
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