Visa Inc. (V) Memo Company Description Visa Inc., a payment technology company, operates as a retail electronic payments network. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, etc. Thesis / Key PointsØRapid growth in Payment Processing industry indicates that market for VISA has great potential for constant expansion.The payment processing industry provides merchants with credit, debit, gift and loyalty card and other payment processingservices, along with related information services. According to The Nilson Report, total expenditures for all card type transactions by U.S.consumers were $4.8 trillion in 2012 and it is expected to grew to 5.6 trillion in 2015. What’s more, as the growth of Apply pay and otherfinancial applications on phones, people enter into a “cash-free” society where they use their cards all the time. As a result, paymenttechnology companies such as Visa gain huge benefits from the ways that people pay for goods and services.ØWith its Visa Digital Solutions, which is the tools people need to create, manage and accept secure digital payments in-store, onlineor in-app, Visa outplays its competitors in recent years.