Visa Inc.
American multinational financial services corporation
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| 2024 | Visa and Cash App become co-title sponsors of Scuderia AlphaTauri Formula One team, rebranding it as Visa Cash App RB, and sign a sponsorship deal with Red Bull Racing. |
| 2024 | Visa showed significant financial growth, achieving revenue of $35,926 million, net income of $19,743 million, and expanding its workforce to 31,600 employees |
| November 2024 | The European Commission initiated an investigation into Visa and Mastercard's scheme fees, examining potential negative impacts on retailers and addressing complaints about fee transparency. |
| September 24 2024 | The United States Justice Department sued Visa, alleging the company used illegal tactics to maintain a monopoly in debit-card payments. |
| June 6 2024 | Visa opened its new headquarters building at 300 Toni Stone Crossing in San Francisco's Mission Bay neighborhood, officially designated as the Market Support Center. |
| May 2024 | The UK Payment Systems Regulator (PSR) proposed new regulations requiring Visa and Mastercard to increase transparency about merchant fees, mandating detailed financial disclosures and consultation with merchants before fee changes. |
| 2023 | Reported sales breakdown showed US sales at $14.1 billion (43.3%) and International sales at $18.5 billion (56.7%). |
| 2022 | Visa reported annual earnings of US$14.96 billion, with total revenue of US$29.31 billion, representing a 21.6% increase from the previous fiscal year. |
| March 2022 | Visa announced suspension of all business operations in Russia following the Russian invasion of Ukraine. |
| 2021 | Visa finalized its logo design, changing to a solid blue color. |
| March 29 2021 | Visa announced the acceptance of USDC stablecoin for settling transactions on its payment network, marking a significant step in the company's digital currency strategy. |
| March 19 2021 | Visa confirmed through a regulatory filing its cooperation with a United States Justice Department antitrust investigation into debit card market practices, which caused Visa's shares to fall more than 6%. |
| February 3 2021 | Visa announced a strategic partnership with First Boulevard, a neobank focused on cryptocurrency, enabling users to buy, sell, hold, and trade digital assets through Anchorage Digital. This partnership was positioned as a means of supporting generational wealth building for Black Americans. |
| January 12 2021 | Visa and Plaid jointly announced the abandonment of their acquisition deal following the Department of Justice's lawsuit. |
| 2020 | During the COVID-19 pandemic, Visa experienced a slight decline in revenue to $21,846 million and net income to $10,866 million, while increasing employee count to 20,500 |
| December 2020 | Visa launched a new accelerator program across Asia Pacific to develop the region's financial technology ecosystem, aiming to partner with startup companies providing innovative financial and payments technologies through Visa's network of bank and merchant partners. |
| November 5 2020 | The United States Department of Justice filed a lawsuit to block Visa's acquisition of Plaid, arguing that Visa was attempting to eliminate a competitive threat. Visa stated it would defend the transaction vigorously. |
| January 13 2020 | Visa signed a definitive agreement to acquire Plaid for $5.3 billion, which was double Plaid's previous Series C round valuation of $2.65 billion. The deal was expected to close within 3-6 months, pending regulatory review. |
| 2019 | Visa Inc. reported annual revenue of $22,977 million and net income of $12,080 million, with 19,500 employees |
| November 7 2019 | A court was scheduled to approve or deny a settlement of US$6.24 billion related to the merchant lawsuit regarding interchange fees and alleged anti-competitive practices. |
| November 6 2019 | Visa announced plans to move its headquarters back to San Francisco by 2024, including a new 13-story, 300,000-square-foot building and redesigning its Foster City complex. |
| March 2019 | Kroger announced that its 250-store Smith's chain would stop accepting Visa credit cards, escalating their dispute over high credit card processing fees. |
| September 2018 | Visa's market capitalization reached over US$280.2 billion, with company shares trading at over $143 per share. |
| August 2018 | Kroger's Foods Co stores in California stopped accepting Visa credit cards due to high swipe fees. |
| April 2018 | Implementation of optional signature requirements for EMV contact and contactless chip-enabled merchants in North America, making Visa the last major credit card issuer to relax signature requirements after MasterCard, Discover, and American Express. |
| January 2018 | In the UK, a law was changed to prevent retailers from adding surcharges to transactions, as per 'The Consumer Rights (Payment Surcharges) Regulations 2012'. |
| January 12 2018 | Visa announced that signature requirements would become optional for all EMV chip-enabled merchants in North America, starting in April 2018, citing advanced fraud prevention capabilities and aiming to improve in-store purchase experiences. |
| 2017 | Visa becomes a jersey sponsor for professional gaming (esports) team SK Gaming. |
| 2015 | Visa serves as the jersey sponsor for Argentina's national basketball team at the FIBA Americas Championship in Mexico City. |
| 2015 | Visa restored the gold and blue stripes as card branding for Visa Debit and Visa Electron cards, though not as the company's logotype. |
| 2014 | Visa modified its logo, removing the orange flick and adopting a solid blue gradient design. |
| September 2014 | Visa teamed up with Apple to incorporate a mobile wallet feature into new iPhone models, enabling users to more easily use Visa and other credit/debit cards. |
| September 2014 | Visa Inc. launched a new service to replace physical card account information with digital tokens, introducing a digital account number system. |
| 2012 | Visa becomes a partner of the Caterham F1 Team. |
| December 2012 | Visa confirmed plans to build a global information technology center in northwest Austin, Texas. |
| November 27 2012 | A federal judge granted preliminary approval to a proposed settlement in the class-action lawsuit against Mastercard and Visa, with about one-quarter of named plaintiffs choosing to opt out. |
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