- Visa’s core products include credit, debit, and prepaid cards. Credit cards and digital credentials allow consumers and businesses to access credit for purchases. Debit cards and digital credentials allow consumers and small businesses to purchase goods and services using funds in their bank accounts. Prepaid cards and digital credentials draw from a designated balance funded by individuals, businesses, or governments.
- Visa has implemented several enablers to improve the user experience and security. These include Tap to Pay, which allows consumers to make contactless payments by tapping a card or mobile device on a terminal; Tokenization, which enhances security by replacing 16-digit Visa account numbers with a token; and Click to Pay, which simplifies online checkout by removing the need for key entry of personal information.
- Visa’s “network of networks” approach facilitates various types of payments, including peer-to-peer (P2P), business-to-consumer (B2C), business-to-business (B2B), business-to-bank (B2b), and government-to-consumer (G2C) payments. Visa Direct is a real-time payments network that enables fast delivery of funds directly to eligible cards and bank accounts around the world.
- Visa offers a range of value-added services that differentiate its network, deepen client relationships, and deliver innovative solutions. These include issuing solutions like Visa DPS, which is one of the largest issuer processors of Visa debit transactions in the world; acceptance solutions like Cybersource, a global payment management platform; risk and identity solutions that transform data into insights for near real-time decisions; open banking capabilities through the acquisition of Tink AB; and advisory services through Visa Consulting and Analytics.
- Visa’s technology platforms include software, hardware, data centers, and a large telecommunications infrastructure, each with a distinct architecture and operational footprint wrapped with several layers of security and protection technologies. Visa’s three data centers are a critical part of its global processing environment and have a high redundancy of network connectivity, power, and cooling designed to provide continuous availability of systems.
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