Visa Inc. Research Paper

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VISA Inc. is a multinational financial services corporation which facilitates electronic funds transfers across the world. Visa also issues debit and credit cards but it does not extend credit or sets charges for the consumers. It only caters to the needs of financial institutions regarding VISA-branded payment products which are used by the institutions to offer cash access programmes and cashless transaction programmes to their customers.

The global network of Visa transactions is also called VisaNet that had processed more than 100 billion transactions worldwide of more than $6.8 trillion. It operates in more than 200 countries with availability of services on every possible platform such as cards, laptops, and mobile phones.

What is a
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Your every transaction is verified in a short span of time as low as 1.5 seconds. Also, Visa applies international security standards such as PCI DSS (Payment Card Industry Data Security Standard) and information encryption during the transaction. It helps preventing counterfeit data fraud. In additional to that, VisaNet closely monitors ATM cashouts to detect and prevent ATM frauds.

VisaNet is a global secured network that is world’s largest electronic payment system. Each payment is verified by Visa before making any type of online payment. It adds an extra layer of security to the transaction. Another layer of security is a three-digit security code on the back of every Visa card that verifies your e-commerce transactions.

Visa Credit Cards:
Visa offers five credit cards in India which are accepted worldwide across millions of locations. Such cards are designed by keeping in mind the different lifestyle needs of the Indian customers. All of these cards are designed for your benefit on every use. You will get reward points every time paying through your Visa card. It can be your grocery shopping or monthly bill payments, you will be rewarded for
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Cardholders are also likely to reactive travel assistance, toll-free access to Visa’s Global Customer Assistance Services, and medical and legal referral and assistance services. All of these services are available 24/7. In additional to that, you will get special recognition at retail, travel, dining, and entertainment establishments around the world.

• Visa Platinum: Visa Platinum falls in the category of privilege cards that follow an extensive line of services with enhanced credit line. The card offers a 24/7 concierge service that is always ready to assist you in any type of situation including flight reservations, restaurant recommendations, car rental reservations, event ticket purchases, trip planning, and other related queries. Cardholders can also discover hundreds of deals and discounts available with our partner

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