Visa is not a credit card company in the traditional sense; it is a that facilitates the exchange of monetary value between financial institutions, merchants, and consumers. The "Toll Road" Business Model Visa operates as a global "toll road" for commerce.
: Launched by Bank of America in Fresno, CA, it was the first card to offer revolving credit. visa credit card company
: For every $100 spent on its network, Visa earns roughly 25 cents in processing fees. Visa is not a credit card company in
: Founder Dee Hock realized the "card" was just a placeholder for data; the real business was the trusted exchange of value. visa credit card company
The company began as a radical experiment in decentralized finance.