Visa

Visa Inc. is an American based multinational corporation that facilitates electronic fund transfers throughout the world; most commonly through Visa-branded credit and debit cards. Although Visa does not issue cards, extend credit or set rates and fees for consumers, they hold a 38.8 percent market share of the credit card marketplace and 60.7 percent of the debit card marketplace in the United States, according to the 2008 Nilson Report. In 2009, the global network of Visa processed over 60 billion transactions with a total volume of $4.4 trillion.

Visa makes it easy to find a suitable credit card tailored to one’s specific needs. Cards issued by Visa are student cards, personal cards, small business cards (small businesses are businesses that have revenues under $25 million), cards for governmental use, and corporate cards (corporations have revenue above $25 million).

Visa has some of the best security measures of any credit card company. Visa provides fraud protection tools, like Verified by Visa and the 3-Digit Security Code system. Verified by Visa provides an extra layer of security while shopping online and the 3-Digit Security Code system proves that your card is in the right hands.

Through Real-Time Fraud Protection Visa monitors your purchases for unusual activity, puts questionable charges on hold and notifies you as soon as possible. If the charges prove to be legitimate, the hold will be taken off and the purchase will go through. With Visa you’re covered if fraudulent charges are made. Visa promises you will not be held responsible for any charges that were not made by you, no matter the circumstances. With Identity Theft Assistance, a Visa representative is on-call at all hours to counsel you if you believe you have been a victim of fraud.