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Visa Inc. ( or ) (also known as Visa, stylized as VISA) is an American multinational financial services corporation headquartered in Foster City, California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash-access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion.It was launched in September 1958 by Bank of America (BofA) as the BankAmericard credit card program. In response to competitor Master Charge (now Mastercard), BofA began to license the BankAmericard program to other financial institutions in 1966. By 1970, BofA gave up direct control of the BankAmericard program, forming a consortium with the other various BankAmericard issuer banks to take over its management. It was then renamed Visa in 1976.Nearly all Visa transactions worldwide are processed through the company's directly operated VisaNet at one of four secure data centers, located in Ashburn, Virginia; Highlands Ranch, Colorado; London, England; and Singapore. These facilities are heavily secured against natural disasters, crime, and terrorism; can operate independently of each other and from external utilities if necessary; and can handle up to 30,000 simultaneous transactions and up to 100 billion computations every second.Visa is the world's second-largest card payment organization (debit and credit cards combined), after being surpassed by China UnionPay in 2015, based on annual value of card payments transacted and number of issued cards.

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  1. P

    Resident Return Visa with criminal charges

    Hi there, Can anyone please advise the likely outcome for a permanent resident who wishes to apply for an RRV with the following scenario? "I am a permanent resident originally from the UK. I am due to reapply for my RRV. I have two Australian born children who are citizens. in the past 5...
  2. fatehiman

    NSW A question about visa 188: Can a registered trademark be domestic or must be internationally registered?

    One of the items that give 10 points for visa 188a, is the registered trademark: Trademarks registered not less than 1 year before that time and used in the day-to-day activities of the main business. And my question is whether this trademark must be internationally registered or can be...
  3. M

    NSW partner visa effect on my pension

    Can anybody explain the effect on my pension of my overseas partner coming to australia on a partner visa will her overseas pension/income be combined with my pension for income assessment ?
  4. M

    NSW Applying canada PR visa under criminal record in NSW

    Will i be eligible if i have criminal record in Australia and applying for PR in Canada Currently in Australia under temporary visa.
  5. Chisti

    NSW New visa/PR with CRO on Domestic Violence

    I hope my query relates to a lot of Immigrant couple who got affected with COVID. Sincere gratitude for your responses. Background After long months of trial I have been found guilty of common assault without bodily harm to my wife (DVO). However due to trivial nature of offense(a slap) and my...
  6. E

    SA Divorcing on a 100 visa.

    My partner was granted a 100 visa in March last year abroad ( currently lives overseas) and has to come to Australia to activate it. Issue is I want to divorce him now. How can I go about it without him losing his visa because we have kids? When he comes in and validates it can I divorce him...
  7. uday463

    Student Visa to TSS482 Visa - Signed contract to pay VISA expenses

    Dear sir, I am an international student with 12+ years of experience in cybersecurity. I got a job to work in an IT company and signed a contract saying that if I leave the job then I have to pay all the visa expenses raised for the TSS482 visa. I am leaving this job because my visa still not...
  8. G

    QLD 457 VISA while on BVE

    Hi everyone, I am a 23 year old currently on a BVE in association to Protection Visa (as I was already on shore with a 500 visa when the application for 866 was lodged). My case worker from DHA has informed me that he will never give me work or study rights but my employer has agreed to give...
  9. T

    Partner Visa - Sponsors Character fitness

    Hi everyone, My partner and I are about to submit our application for an onshore partnership visa. I am the sponsor and she is the applicant. We were comfortable with our application right up until re-reviewing the forms prior to pressing submit. There is a Domestic Violence question about...
  10. Aninda