|Bid||185.30 x 800|
|Ask||185.44 x 900|
|Day's range||182.04 - 185.52|
|52-week range||121.60 - 187.05|
|Beta (5Y Monthly)||0.93|
|PE ratio (TTM)||34.82|
|Forward dividend & yield||1.20 (0.66%)|
|1y target est||N/A|
Visa (NYSE: V) and the pan-African fintech leader MFS Africa today announced a partnership that will help bridge the gap between the rapidly growing mobile money ecosystem in Africa and the world of online digital payments, significantly expanding Visa’s reach and its ability to open up commerce to the region.
In today’s connected world, moving money for consumers and businesses should be as simple and routine as sending a text message. Yet, in many cases, consumers and businesses still rely on manual, paper-based processes, high fees and cash to send money to friends, families and business partners. Through Visa Direct, a real-time1 push payment solution that has processed 2 billion transactions2 in the past year, Visa is working with partners and clients around the world to simplify, digitize and drive costs down in the rapidly-growing3 remittances space.
Visa Inc. (NYSE: V) today announced plans to launch a new certification program and fund up to 500 scholarships, available to qualified applicants, that can be used toward obtaining this new professional certification. Visa’s new certification program is designed to train individuals as dispute resolution professionals, a role that is currently in high demand across the payments ecosystem.
FINNOSUMMIT -- NovoPayment, a Banking-as-a-Service platform category leader, and Visa Inc., the world’s leader in digital payments, today announced an expansion of their strategic partnership to enable financial institutions and merchants to deploy Visa’s digital solutions in Latin America and the Caribbean. Visa has also made a strategic investment in NovoPayment.
Visa Inc.'s (NYSE:V) board of directors announced today that on November 13, 2019, it appointed Ramon L. Laguarta to the Board, effective November 20, 2019, for a term that will expire at the Company’s 2020 Annual Meeting of Stockholders. Mr. Laguarta has served as PepsiCo, Inc.’s CEO and a director since October 2018, and assumed the role of chairman of the board in February 2019. Mr. Laguarta is a strong global leader with extensive consumer products experience gained from 20-plus years of senior operational and executive roles at PepsiCo, both internationally and in the U.S. Upon becoming CEO, he heightened the company’s focus on accelerated, sustainable growth and further pushed purpose to the center of its business strategy and brands.
Visa Inc. (NYSE:V) today announced its plans to lease a new, 300,000 square foot, 13-story building in the vibrant Mission Rock neighborhood of San Francisco, which will serve as Visa’s new global headquarters once completed. Additionally, as part of Visa’s overall Bay Area real estate expansion plan, Visa will completely redesign its Foster City campus into a state-of-the-art facility to create a collaborative and inspiring environment for our Product and Technology teams.
Visa Inc. (NYSE:V) today announced that New York City Police Commissioner James “Jimmy” P. O’Neill will join Visa, upon his retirement from the police force, as Senior Vice President and Global Head of Physical Security. Mr. O’Neill will be responsible for the development, implementation and day-to-day operations of Visa’s global physical and personnel security and associated programs to ensure that the company’s employees and assets are protected in the 200+ countries in which Visa operates.
“Visa believes this is a great step forward, both for consumers travelling to China and the overall payments industry. In a truly global commerce environment, collaboration is essential to provide consumers with a seamless payments experience. Visa is excited to work with Tencent, one of China’s leading fintech companies, on a secure, convenient and interoperable mobile payment experience that will benefit the large number of international travelers visiting China.
Visa Inc. (NYSE:V) today announced that 100 partners have enrolled in its global transit partner program, Visa Ready for Transit, giving transit agencies access to an expanded network of technology solutions and expertise to make it easier to get around. Transit agencies everywhere are recognizing the benefits of enabling contactless payments at turnstiles and on buses. Tapping to ride with a contactless card or digital wallet helps riders save valuable time by avoiding the need to pre-purchase a ticket, manage a standalone transit card, or stand in line to reload their fare card.
Online businesses see a world of opportunity for cross-border sales and executives are ready to take action. According to The Visa Global Merchant eCommerce Study (Visa GME Study), highlights of which were released today by Visa (NYSE:V), eCommerce leaders globally view international expansion and finding new cross-border customers as critical to driving growth, particularly heading into the prime holiday shopping period.
Visa Inc. today announced its fiscal fourth quarter and full-year 2019 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and will be available on its Investor Relations website at http://investor.visa.com/sec-filings/default.aspx.
Complementing Visa’s Signature Business and Business card products, Visa Infinite Business will provide high-spend SMBs in the U.S. with a rich set of protection, travel and lifestyle and business-centric benefits to support the modern small business owner and its employees as they pay and get paid. “Visa is a true advocate for the 30 million SMBs in the U.S.1 With Visa Infinite Business, we have developed an all-encompassing offering that empowers and rewards small business owners for pursuing their passion,” said David Simon, senior vice president, global head of small business and medium enterprises, Visa.
Today, Visa (NYSE:V) announced that it has completed the acquisition of the token services and ticketing businesses, formerly Bell ID and Ecebs LTD, from Rambus (RMBS), a premier silicon IP and chip provider dedicated to delivering data faster and safer. The acquisition strengthens Visa’s tokenization capabilities beyond card-based payments on the Visa network, to those on domestic card networks, account-based and real-time payments, extending the security and convenience of tokens to more transactions than ever before.
Today, American Express, Discover, Mastercard and Visa announced the arrival of faster, more secure online checkout based on the new EMV® Secure Remote Commerce (SRC) industry standard, establishing a simplified way for card payments to be made across web and mobile sites, mobile apps and connected devices. The networks have tested SRC technology in market with issuers and merchants.
Cash flow is one of the most significant challenges facing a small business’ growth. In fact, 69% of small business owners have been kept up at night about issues related to cash flow and 61% of businesses have regular issues with cash flow1. In an effort to continue to solve cash flow issues for small business owners, Intuit Inc. (INTU) QuickBooks today announced Instant Deposit, a new feature that enables real-time2 disbursements for small business owners using QuickBooks Payments to directly access funds with their eligible debit card using Visa Direct, Visa’s (NYSE:V) real-time3 push payments solution.
Visa Inc. (NYSE:V) will report its fiscal fourth quarter and full-year 2019 financial results on Thursday, October 24, 2019. The results, along with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website. Visa’s executive management team will then host a live audio webcast beginning at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss financial results and business highlights.
Visa (NYSE:V) and Revolut, the leading fintech in Europe, today announced a new agreement that will help Revolut expand its business globally. Leveraging Visa’s brand, scale and global acceptance footprint, Revolut will be able to bring its product offerings to five new regions, reaching 24 new markets, for a total of 56 markets globally. Under the terms of the agreement, Revolut will primarily issue Visa-branded cards in the global expansion.