Visa is best known for enabling consumers to make debit and credit card payments. In the year to September 2023, 4.3 billion Visa cardholders made 213 billion transactions on its network, to a total value of $12.1 trillion.

Visa has consistently grown the number of cardholders on its network, the number of merchants that accept its network, and the share of global payments processed by its network, which is most notably displacing cash. Adoption of its network is also aided by the rise of e-commerce, the development of lower friction tap-to-pay mobile payment technology, and Visa’s investments in anti-fraud technologies.

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