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Factoids from Visa about the future of payments

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Factoids from Visa about the future of payments

In a recent public forum, Visa shared updated statistics on its business and thoughts about how the payments markets are developing.

Visa Factoids:

  • Visa is the 9th most valuable brand in the world and has 36,000,000 merchants worldwide
  • Barron’s rates Visa as the 12th most respected company on the planet
  • Visa’s new slogan will be “The best way to pay and be paid for everyone, everywhere.”

Views on the competitive market:

  • Most effective competitive “payment platforms”:  Amazon, Square, PayPal, MasterCard, UnionPay, MCX
  • Primary “commercial networks”: Apple, Google, eBay, MicroSoft, Facebook,LinkedIn
  • Companies brining “What’s Next”: SilverLake, TPG, GA, Sequoia Capital, NEA, KPCB, Dwolla, Accel, Braintree, Venmo
  • A model for future enterprise: Uber

Merchant evolution:

  • Amazon is replacing Wal-Mart as the #1 merchant of Visa
  • PayPal is Visa’s 7th largest merchant
  • PayPal is moving to cards from ACH because it wants to get along better with the banks
  • Square will become a Top Ten merchant this year
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