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VISA | Page 16
Visa is a global payments company that facilitates electronic funds transfers all around the world. It was founded in 1958 as BankAmericard, and was later renamed Visa in 1976.
Visa operates the world's largest retail electronic payments network, which connects financial institutions, merchants, and consumers in over 200 countries and territories. The company offers a variety of payment products, including credit cards, debit cards, prepaid cards, and digital payment solutions.
Visa's core business is the processing of electronic payments, including authorization, clearing, and settlement of transactions. The company also provides value-added services such as fraud prevention, data analytics, and loyalty and rewards programs.
Visa is headquartered in San Francisco, California, and is a publicly traded company on the New York Stock Exchange under the ticker symbol V. It is a member of the Dow Jones Industrial Average and the S&P 500 index.
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