Visa Inc (V)

American Express Co

This competitor is a global or multi-regional network offering a range of branded, general-purpose card payment products. It operates a closed-loop payment system with direct connections to both merchants and consumers. It is also included in a comparison chart of network competitors for calendar year 2023, showing its payments volume, total volume, total transactions, and number of cards issued. " "

Discover Financial Services

This competitor is a global or multi-regional network offering branded card payment products. It is more concentrated in specific geographic regions, such as the U.S., and operates a closed-loop payment system. It is also included in a comparison chart of network competitors for calendar year 2023. " "

JCB

This competitor is a global or multi-regional network offering branded card payment products. It is more concentrated in specific geographic regions, such as Japan, and is included in a comparison chart of network competitors for calendar year 2023. " "

Mastercard Inc

This competitor is a global or multi-regional network offering a range of branded card payment products. It is included in a comparison chart of network competitors for calendar year 2023, showing its payments volume, total volume, total transactions, and number of cards issued. " "

UnionPay

This competitor has a leading position in China and is the predominant processor of domestic payment card transactions in the country. It is actively pursuing international expansion plans and benefits from regulatory barriers that shield it from competition in China. " "

Alipay

This competitor operates a closed-loop payment system and has rapidly expanded into ecommerce, offline, and cross-border payments in China. It is a significant alternative payments provider in the region. " "

WeChat Pay

This competitor operates a closed-loop payment system and has rapidly expanded into ecommerce, offline, and cross-border payments in China. It is a significant alternative payments provider in the region. " "

NYCE

This is a local and regional network in the U.S. that focuses on debit payment products and benefits from strong local acceptance and recognizable branding. "

Pulse

This is a local and regional network in the U.S. that focuses on debit payment products and benefits from strong local acceptance and recognizable branding. "

STAR

This is a local and regional network in the U.S. that focuses on debit payment products and benefits from strong local acceptance and recognizable branding. "

Interac

This is a local and regional network in Canada that focuses on debit payment products and benefits from strong local acceptance and recognizable branding. "

eftpos

This is a local and regional network in Australia that focuses on debit payment products and benefits from strong local acceptance and recognizable branding. "

Early Warning Services (Zelle)

This competitor operates a bank-offered alternative network providing a platform for faster funds or real-time payments across various payment types, including P2P, corporate and government disbursements, bill pay, and deposit check transactions. "

The Clearing House

This competitor has developed its own faster payments system and participates in alternative payment systems or products, such as real-time and faster payment initiatives. "

FedNow

This is a real-time payments network launched by the U.S. Federal Reserve with core clearing and settlement functionality, competing with payment card schemes for domestic transactions. " "

Pix

This is a real-time payments network launched by the Central Bank of Brazil, competing with payment card schemes for domestic transactions. " "

Unified Payments Interface (UPI)

This is a real-time payments network in India that competes with payment card schemes for domestic transactions. International payment networks like Visa are currently unable to participate in UPI. " "

Featurespace Limited

2024

Visa entered a definitive agreement in September 2024 to acquire this AI-powered payments fraud prevention technology provider, with the deal subject to customary regulatory conditions and set to close in fiscal 2025, enhancing its real-time fraud prevention tools. " " " " "

Pismo Holdings

2024

Visa acquired Pismo Holdings on January 16, 2024 for $929 million to add a cloud-native issuer processing and core banking platform via APIs, enabling broad support for various payment types and emerging schemes. " " " " " " " "

Tink AB

2022

Visa acquired 100% of Tink AB on March 10, 2022 for $1.9 billion in cash, gaining a European open banking platform that accelerates global open banking adoption, with detailed purchase price allocations reflecting its technology and customer relationship assets. " " " " " " " "

The Currency Cloud Group Limited

2021

Visa entered a definitive agreement on July 22, 2021 to acquire Currencycloud, a UK-based platform that enables innovative foreign exchange solutions for cross-border payments, with a total valuation of £700 million inclusive of cash and retention incentives, subject to customary closing conditions. " " " " "