Visa is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories.
The origins of Visa trace back to 1958 when Bank of America (BofA) launched the BankAmericard credit card program in Fresno, California. This initiative aimed to create a universal credit card, replacing less convenient, merchant-specific options.
By 1970, BofA relinquished direct control, and a cooperative of various BankAmericard issuer banks took over its management. The program was rebranded as Visa in 1976, a name chosen by Dee Hock for its universal recognition across many languages.
Key milestones in Visa's history include the launch of VisaNet in 1973, its global transaction processing network, and the integration of magnetic stripe technology. Today, Visa operates as a global payment network, processing billions of transactions annually.
Cardholders are not held responsible for unauthorized transactions made with their Visa card, provided they protect their card and report unauthorized use immediately.
Visa cards are accepted in over 200 countries and territories, making them one of the most popular and widely accepted credit cards globally.
Includes lost/stolen card reporting, emergency card replacement (often within 24 to 72 hours globally), and emergency cash disbursement.
Visa cards often come with tap-to-pay functionality for quick and secure transactions at millions of merchant locations.
The foundational tier providing essential features and basic protections like Zero Liability and emergency card replacement.
Offers enhanced benefits including travel emergency assistance, concierge service, and potential for premium rewards and higher spending power.
The highest tier offering extensive premium benefits like auto rental collision damage waiver, purchase protection, comprehensive travel protections, and Visa Airport Companion access.