Company Profile For Visa Inc.

Visa Inc. (Visa) operates the retail electronic payments network and manages a global payments brand. It facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities. Visa provides financial institutions with product platforms encompassing consumer credit, debit, prepaid and commercial payments. VisaNet, the centralized, global processing platform, enables to provide financial institutions and merchants with a range of product platforms, transaction processing and related services.

BRIEF: For the fiscal year ended 30 September 2009, Visa Inc.'s revenues rose 10% to $6.91B. Net income totaled $2.35B, up from $804M. Revenues reflect an increase in service fees, higher data processing fees received and an increase in international transaction fees. Net income also reflects a decrease in personnel expenses, lower professional & consulting fees and a decline in the depreciation & amortization charges.