Visa, Mastercard Agree to Lower Swipe Fees, Settling Long-Running Lawsuit
The card networks would cap credit-card interchange fees for five years as part of a settlement with merchants.
Ticker |
V
|
CIK | 0001403161 |
SIC | 7389 |
Sector | Services |
Industry Category | Business Services |
Industry Group | Services – Misc. Business Services |
Address | P.O. BOX 8999, SAN FRANCISCO, CA, 94128-8999 |
Website | usa.visa.com |
Phone | 650-432-3200 |
CEO | Alfred F. Kelly |
Employees | 26,500 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Visa, Mastercard Agree to Lower Swipe Fees, Settling Long-Running LawsuitThe card networks would cap credit-card interchange fees for five years as part of a settlement with merchants. Visa's (V) Tokens Fetch Benefits to Asia Pacific MerchantsVisa Inc. V recently unveiled that the leveraging of Visa Token Service has contributed to a substantial boost of more than $2 billion to the digital economy of Asia Pacific in 2023. As of March 2024, the number of tokens issued on Visa systems related with licensed Issuers of the Asia Pacific region attained the 1 billion mark. The ulterior motive of Visa tokens... Visa's (V) Tokens Fetch Benefits to Asia Pacific MerchantsVisa Inc. V recently unveiled that the leveraging of Visa Token Service has contributed to a substantial boost of more than $2 billion to the digital economy of Asia Pacific in 2023. As of March 2024, the number of tokens issued on Visa systems related with licensed Issuers of the Asia Pacific region attained the 1 billion mark. The ulterior motive of Visa tokens... Visa's (V) Tokens Fetch Benefits to Asia Pacific MerchantsVisa Inc. V recently unveiled that the leveraging of Visa Token Service has contributed to a substantial boost of more than $2 billion to the digital economy of Asia Pacific in 2023. As of March 2024, the number of tokens issued on Visa systems related with licensed Issuers of the Asia Pacific region attained the 1 billion mark. The ulterior motive of Visa tokens... Visa's (V) Tokens Fetch Benefits to Asia Pacific MerchantsVisa (V) announces the widespread success, in the form of higher payment authorizations and a decline in fraud, that VTS has brought for merchants and consumers participating in Asia Pacific's digital economy. |