V - Visa Inc.

NYSE - NYSE Delayed Price. Currency in USD
174.06
-1.90 (-1.08%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close175.96
Open177.40
Bid173.75 x 800
Ask174.81 x 1200
Day's Range173.95 - 177.63
52 Week Range121.60 - 187.05
Volume12,813,289
Avg. Volume6,819,004
Market Cap389.964B
Beta (3Y Monthly)0.81
PE Ratio (TTM)33.42
EPS (TTM)5.21
Earnings DateOct 22, 2019 - Oct 28, 2019
Forward Dividend & Yield1.00 (0.57%)
Ex-Dividend Date2019-08-15
1y Target Est201.33
Trade prices are not sourced from all markets
  • Visa B2B Connect Expands to 32 New Countries and Announces Integration With Infosys
    Business Wire

    Visa B2B Connect Expands to 32 New Countries and Announces Integration With Infosys

    Visa Inc. (NYSE:V) today announced that its Visa B2B Connect network has doubled its reach – from 30 global trade corridors at launch in June 2019, to 62, with the goal to expand to over 100 countries in 2020. In addition, Infosys, a global leader in next-generation digital services and consulting, is integrating with the Visa B2B Connect network to bring Visa B2B Connect platform access to their participating financial institutions worldwide.

  • Google Expands Digital Payments Push in India
    Bloomberg

    Google Expands Digital Payments Push in India

    (Bloomberg) -- Alphabet Inc.’s Google plans several big moves into digital payments in India, a country with a huge first-time internet user population that serves as a test-bed for innovations in smartphone technology.The U.S. search giant will start a service called Spot it hopes will get more merchants to adopt online payments, helping early partners including MakeMyTrip, home services marketplace UrbanClap and food delivery brand Oven Story set up branded shops using Google Pay. It’s also pushing digital tokens for mobile commerce, a feature the company will roll out with Visa Inc. for several Indian banks in the coming months, Google executives said.The effort is part of Google’s broader push into one of the world’s fastest-growing internet arenas. The Mountain View, California-based company will also open a research lab focusing on artificial intelligence applications in fields like health care and education, and it’ll offer public Wi-Fi to villages in three regions. Google will take any lessons learned in India to the more than two dozen countries where it offers digital payments.“When you build for India, you are building for the world,” Google Pay’s India head, Ambarish Kenghe, said in a phone interview ahead of a “Google for India” event in New Delhi on Thursday.Google’s commitment is to make the internet accessible and inclusive, said Caesar Sengupta, vice president of the company’s Next Billion Users Initiative and Payments. Aside from voice searches in Hindi, the Google Assistant will soon support eight more local languages. Translations will be added in the coming months. And Google’s speech-based Bolo app, intended to help children read, will also be available in five additional Indian languages with expanded content.Read more: Facebook and Google Chase a New $1 Trillion Payments MarketBut it’s in Indian payments that Google is making the biggest splash, joining other foreign players such as Facebook Inc.’s WhatsApp and local firms like Paytm in Asia’s No. 3 economy. Google Pay has grown threefold there over the past 12 months and now has 67 million monthly active users who made transactions worth over $110 billion during the period, Kenghe said.Prime Minister Narendra Modi’s government has been a big proponent of mobile technology as a way to connect the hundreds of millions of mostly rural residents and merchants underserved by a rickety traditional bank and credit card infrastructure. Google Pay for Business, a new app launching in India, is designed to ease India’s 60 million small businesses into the online commerce realm, letting them experiment with newfangled features such as video verification, Kenghe said.Credit Suisse estimates that the Indian digital payments market will touch $1 trillion by 2023 from about $200 billion currently. Cash still accounts for 70% of all Indian transactions by value, according to Credit Suisse’s analysts, and neighboring China is far more advanced with a mobile payments market worth more than $5 trillion already. That leaves room to grow.“The speed of adoption and growth has defied our expectations,” Sengupta said. “Our product is getting better every two weeks, backed by field researchers observing people in real-life environments in their homes and shops,” he said. “We will keep refining to ensure it’s the right product and service.”(Updates with executive’s comments from the sixth paragraph)To contact the reporter on this story: Saritha Rai in Bangalore at srai33@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Actress Shailene Woodley: Plastics have caused a true ocean, marine crisis
    Yahoo Finance

    Actress Shailene Woodley: Plastics have caused a true ocean, marine crisis

    Actress and environmental activist Shailene Woodley joins Yahoo Finance to chat about her efforts to rid the world of harmful plastics in oceans.

  • Visa Allows Real-Time Insurance Claim Payout Via Visa Direct
    Zacks

    Visa Allows Real-Time Insurance Claim Payout Via Visa Direct

    Visa (V) via its platform Visa Direct enables real-time insurance claim disbursements to claimants' bank accounts.

  • Dividend Growth ETFs for Long Term Investors
    Zacks

    Dividend Growth ETFs for Long Term Investors

    Dividend growth ETFs hold companies with solid balance sheets and rising earnings.

  • Insurance Leaders and Visa Digitize Claims Payouts for Individuals and Businesses When They Need It Most
    Business Wire

    Insurance Leaders and Visa Digitize Claims Payouts for Individuals and Businesses When They Need It Most

    Visa is committed to working with innovative companies in the insurance industry to help turn outdated and time-consuming processes associated with insurance claim payouts into near real-time1 access to payments when individuals, families and businesses need them the most. “Visa believes that money shouldn’t be a stressor in moments of crisis and waiting on average six to 10 days to access the money from insurance checks, is outdated, frustrating and costly to those in need,” said Bill Sheley, SVP and Global Head of Visa Direct, Visa. “Being such a globally trusted brand, Visa knows trust is the underpinning of the insurance industry.

  • Visa Closes Verifi Buyout to Deal With Chargeback Issues
    Zacks

    Visa Closes Verifi Buyout to Deal With Chargeback Issues

    With the buyout of Verifi, Visa (V) intends to reduce chargeback to lessen fraud and risks involved in payments via cards.

  • Business Wire

    Visa Completes Acquisition of Verifi

    Visa (NYSE:V) today announced it has completed the acquisition of Verifi, a leader in technology solutions that reduce chargebacks. The acquisition of Verifi strengthens Visa’s role of facilitating trust and transparency across the buying experience by extending its dispute resolution capabilities to support a broad range of payments brands and partners across the ecosystem.

  • The future of shopping will be by text: Iris Nova CEO
    Yahoo Finance

    The future of shopping will be by text: Iris Nova CEO

    Buying stuff exclusively by text will be the next big thing for consumers, according to Iris Nova CEO Zak Normandin.

  • Visa A Falls 4%
    Investing.com

    Visa A Falls 4%

    Investing.com - Visa (NYSE:V) A fell by 4.01% to trade at $174.29 by 10:12 (14:12 GMT) on Tuesday on the NYSE exchange.

  • A Foolish Take: What's Behind the Dow's 2019 Rise?
    Motley Fool

    A Foolish Take: What's Behind the Dow's 2019 Rise?

    There are big winners, but also some sizable losers.

  • Why Should You Hold Aptiv (APTV) Stock in Your Portfolio?
    Zacks

    Why Should You Hold Aptiv (APTV) Stock in Your Portfolio?

    Rapidly growing global automotive safety system market is likely to benefit Aptiv (APTV).

  • Western Union Partners TRUE North to Provide Tuition Payment
    Zacks

    Western Union Partners TRUE North to Provide Tuition Payment

    Western Union (WU) collaborates with TRUE North to provide tuition payments to educational institutions across Canada.

  • Visa Expands its Footprint in Fashion
    Business Wire

    Visa Expands its Footprint in Fashion

    Today, Visa (NYSE:V) announced its renewed sponsorship of New York Fashion Week: The Shows (NYFW) as the Official Payment Technology Partner. This season, Visa is leveraging NYFW as an opportunity to expand its efforts in supporting and empowering women who are moving the fashion industry forward to make positive change.

  • American Express Up 24% Year to Date: Will Momentum Sustain?
    Zacks

    American Express Up 24% Year to Date: Will Momentum Sustain?

    American Express (AXP) is poised for long-term growth on the back of increase in usage of credit cards and strategic initiatives.

  • Mastercard (MA) Hits 52-Week High: Will the Rally Continue?
    Zacks

    Mastercard (MA) Hits 52-Week High: Will the Rally Continue?

    Mastercard's (MA) strong business model, sturdy brand value and continuous increase in demand for its products support stock price.

  • Gojek Chief Says on Track to Raise $2 Billion Before 2019’s End
    Bloomberg

    Gojek Chief Says on Track to Raise $2 Billion Before 2019’s End

    (Bloomberg) -- Gojek is on track to raise $2 billion in its ongoing funding round before the end of the year, accelerating capital-raising to drive an expansion into mobile payments and food delivery.The ride-hailing giant has now handled about $1.5 billion of transactions outside of Indonesia, thanks to a budding expansion into the rest of Southeast Asia, President Andre Soelistyo told Haslinda Amin on Bloomberg Television. Backed by Google and Tencent Holdings Ltd., Gojek has rapidly grown an international business from scratch after setting up shop in countries like Singapore and Vietnam just nine months prior, he said.Gojek is trying to out-do Singapore-based Grab Holdings Inc. in the provision of a plethora of internet services that both companies hope to build into a coherent, all-purpose super-app. The Indonesian startup had raised about $1 billion from Tencent and others as of early 2019, but it remains on the hunt for capital. Amazon.com Inc. is said to be in talks to join the current round to bolster its presence in Southeast Asia, but Soelistyo declined to comment on potential backers. On Thursday, Grab co-founder Tan Hooi Ling said it will invest $150 million into artificial intelligence research, staffing and development over the next year to boost its own competing app and services.Read more: Grab Will Invest $150 Million in AI to Build Regional Super App“We can say now we’re not just an Indonesian company,” Soelistyo said in an interview at Bloomberg’s Sooner Than You Think conference in Singapore. Gojek is in “four countries and hopefully soon into six.”’Gojek debuted its app for hailing motorbike taxis in Jakarta in 2015. Since then, it’s evolved into a provider of ride-sharing services, food delivery and a digital wallet. It also offers a dozen other on-demand services such as house cleaning and medicine delivery.As part of the ongoing funding round, Gojek -- valued at $10 billion according to CB Insights -- had also secured investment from Visa Inc., Thailand’s Siam Commercial Bank Plc., Mitsubishi Motors Corp., Mitsubishi Corp. and Mitsubishi UFJ Lease & Finance Co. this year. The terms of those deals have not been disclosed.To contact the reporter on this story: Yoolim Lee in Singapore at yoolim@bloomberg.netTo contact the editors responsible for this story: Peter Elstrom at pelstrom@bloomberg.net, Edwin Chan, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Is Visa Stock a Buy After Rising 34% in 2019?
    Motley Fool

    Is Visa Stock a Buy After Rising 34% in 2019?

    The payment space is growing quickly, and Visa looks like the front-runner.

  • 4 Payment Stocks Poised to Retain Positive Trend in 2H19
    Zacks

    4 Payment Stocks Poised to Retain Positive Trend in 2H19

    Banking on strong retail sales and the use of cutting-edge technology, these four stocks should be on your watch list for 2H19.

  • A Brief History of Apple's Payment Revolution
    Motley Fool

    A Brief History of Apple's Payment Revolution

    Though Apple only launched its brand new credit card in the U.S. last week, the company has been gearing up for a move into finance for more than five years.

  • Business Wire

    Visa Inc. to Participate in Upcoming Investor Conferences

    Visa Inc. today announced its participation in the following investor conferences.

  • Crypto Exchange Says It’ll Handle Regulators Better Than Libra
    Bloomberg

    Crypto Exchange Says It’ll Handle Regulators Better Than Libra

    (Bloomberg) -- One of the world’s largest cryptocurrency exchanges said it has learned a valuable lesson from the push back on Facebook Inc.’s Libra and will take a different approach as it works on a rival project.Malta-based crypto platform Binance is ready to engage with all regulators from day one as it prepares to roll out its Venus digital currencies. “If we want to launch Venus in a country, we’ll make sure it complies with the regulations,” the exchange’s co-founder He Yi said in an interview.Binance announced last week it plans to seek partners to create so-called stable coins -- digital currencies that are pegged to traditional money and thus less volatile than cryptocurrencies like Bitcoin, which fluctuate based on market dynamics. In an interview detailing the project, He said Venus drew inspiration from Facebook’s Libra in many ways -- but that the resistance from governments around the world to the social-media behemoth’s plan served as a cautionary tale.Facebook hopes its new currency will be used for everyday transactions across the globe after it goes live as soon as next year under the governance of a broad set of partners from Visa Inc. to Uber Technologies Inc. and Spotify Technology SA. But since the release of its whitepaper in June, Libra has drawn wide-ranging regulatory scrutiny. The European Union has started an antitrust investigation, U.S. officials from President Donald Trump to Federal Reserve Chairman Jerome Powell have questioned Libra and officials from places like India have expressed skepticism.READ: EU Antitrust Probe Is Facebook-Led Libra’s Latest HeadacheBinance also plans to form an independent association in charge of Venus, and use a basket of government-backed currencies and securities as its reserve. But He said the company will take a “more conservative” approach to push through the project, with a priority on regulatory compliance rather than technological developments.Unlike Libra, Venus will focus on partnering with governments and companies in non-Western countries, He said. In a special shout-out to China, she called Venus a “Belt and Road version of Libra,” saying its geographic scope would roughly align with Beijing’s sprawling infrastructure initiative.The emphasis on regulatory buy-in is yet another sign of Binance’s efforts to improve its relationship with governments. The crypto platform, established in 2017, has at times played a game of regulatory whac-a-mole -- for example, it quit markets including Japan and China to avoid clashes with local financial watchdogs. But more recently Binance has set up regulatory-compliant exchanges in friendlier jurisdictions like Singapore and Malta, allowing customers to trade using real money.China, meanwhile, is planning to release its own cryptocurrency that would eventually replace cash in circulation and give Beijing even more control of its financial system. The country’s central bank, the People’s Bank of China, has already shut down local crypto exchanges.“So far regulators around the world can’t gauge precisely the potential risks stable coins will bring to their financial systems, and that’s why they are very careful about Libra-like currencies,” said Hu Tao, founder of Beijing-based crytpo researcher TokenInsight. “In theory, Binance will face the same challenges as Facebook.”In the Chinese statement announcing Venus, Binance advises governments to launch a regulatory sandbox, which, among other things, allows private firms to issue their own stable coins for payments and cross-border settlements. “It’s better to embrace the change rather than missing the opportunity,” according to the statement written by He.Binance will likely create a new open-sourced blockchain for Venus, He says, rather than using its own Binance Chain, which already supports a range of stable coins. The exchange operator is willing to give up some commercial interests to attract more partners, she said, although the plan hasn’t been finalized yet.He is leading a team of more than 10 people in compliance, business development and coding to work on the Venus project. There’s no time line yet for the launch, but she expects more details including partnerships to be released in the next few months.A TV anchor-turned tech entrepreneur, He launched Binance with “CZ” Zhao Changpeng after leaving Chinese crypto exchange OKCoin, which the two co-founded. Previously she also served as a vice-president of marketing for Beijing-based Yixia Technology, which owns a slew of popular short video apps.To contact the reporter on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Joanna Ossinger, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • FAANG 52-Week Laggard: Facebook The One Bright Spot?
    Zacks

    FAANG 52-Week Laggard: Facebook The One Bright Spot?

    Why have the treasured FAANG stocks been lagging in recent months of trading? Has the growth stopped, is this just function of valuation or can the recent soft performance be understood on an individual basis?

  • 6 Reasons Why You Should Invest in Fiserv (FISV) Stock Now
    Zacks

    6 Reasons Why You Should Invest in Fiserv (FISV) Stock Now

    Fiserv (FISV) continues to benefit from strategic acquisitions and diversified product portfolio.

  • The Zacks Analyst Blog Highlights: Visa, United Technologies, United Parcel Service, Exxon Mobil and Hormel Foods
    Zacks

    The Zacks Analyst Blog Highlights: Visa, United Technologies, United Parcel Service, Exxon Mobil and Hormel Foods

    The Zacks Analyst Blog Highlights: Visa, United Technologies, United Parcel Service, Exxon Mobil and Hormel Foods