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1.897 billion Visa cards
As of December 31, 2010, the company’s customers had issued 1.897 billion Visa cards(1.604 billion accounts), an increase of 4.92% if compares to 1.808 billion cards issued as at December 31, 2009.
Visa Inc. is the world’s largest retail electronic payments network, with nearly US$5.2 trillion transacted on their payment products over the four quarters ended December 31, 2010.
The U.S. made up $2.250 trillion of the total volume, while the rest of the world generated $2.941 trillion out of the $5.191 trillion total volume. A 17.26% growth recorded over the prior year of $4.427 trillion total volume.
Visa Credit Programs in the U.S. generated $852 billion, while the rest of the world generated $1.344 trillion out of the $2.196 trillion. A significant 12.79% growth recorded in the Visa credit segment over the prior year of $1.947 trillion total volume.
Visa Debit Programs in the U.S. generated $1.398 trillion, while the rest of the world generated $1.597 trillion out of the $2.995 trillion. A significant 20.81% growth recorded in the Visa debit segment over the prior year of $2.479 trillion total volume.
This figure shows the credit programs is recovering from the financial crisis while the debit programs has continued to grow in 2010.
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With the Chase Freedom® Visa - $100 Bonus Cash Back card, cardholders receive a 0% introductory rate on balance transfers for 12 months, and a 0% introductory rate on purchases for 6 months!
Earn $100 Bonus Cash Back after you make $500 in purchases in your first 3 months
0% Intro APR for 12 months on balance transfers and 6 months on purchases
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Cash back rewards never expire
No Annual Fee
Intro APR
Intro Period
Annual Fee
0%
12 months on balance transfers, 6 months on purchases*
Earn $200 Bonus Cash Back after you make $500 in purchases in your first 3 months
5% Cash Back on up to $1,500 spent at gas stations and on Amazon.com from 1/1/12 - 3/31/12.
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Up to an additional 10% cash back when you shop online at select merchants through Chase
Low variable rate of 7.25%, 10.25%, or 13.25% (Prime + 4.00%, Prime + 7.00%, or Prime + 10.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00).
Low Introductory APR on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
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Cardmembers achieve Silver elite status with 10 nights credit toward Elite status
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Introductory Rate of 0.00% or 7.50% based on creditworthiness for 12 months from date opened on Purchases. (If there is an interest charge, the charge will be no less then $1.00). This rate will not change during the introductory period.
Low Introductory APR on Balance Transfers of 1.99% for the first 12 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
Low Ongoing Variable Rate APR after introductory period of 7.50%, 9.50%, or 11.50% (Prime + 4.25%, Prime + 6.25%, and Prime + 8.25%) based on your creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less then $1.00).
Product Enhancements include: Auto Rental Collision Damage Waiver, Roadside Dispatch and Travel Emergency Services.
Earn 1% in cash back credit on all qualifying purchases
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No annual membership fee
Low variable rate of 9.25%, 12.25%, or 15.25% (Prime + 6.00%, Prime + 9.00%, or Prime + 12.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00)
Low Introductory APR on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate
Earn 1 bonus point for every $1 in qualifying net retail purchases
Turn your points into hotel, travel, gift or experience rewards
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No annual membership fee
Low variable rate of 9.25%, 12.25%, or 15.25% (Prime + 6.00%, Prime + 9.00%, or Prime + 12.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00)
Low Introductory ARP on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate
The Orchard Bank® Visa® Card can help you get your credit back on track. We report monthly to all three major credit bureaus giving you the opportunity to rebuild your credit with good payment behavior! You'll also enjoy acceptance at millions of locations including website purchases and reservations;account information updated and at your fingertips 24/7; email and text messages to remind you of your upcoming payment due date with online enrollment. Get pre-qualified in less than 1 minute!
Reports to 3 major credit bureaus monthly providing you the opportunity to rebuild your credit
Acceptance at millions of locations worldwide, including website purchases and reservations
Your account information is updated and at your fingertips 24/7 so you can manage it your way
Email and text messages are available to remind you of your upcoming payment due date
Knowledgeable customer service representatives to assist you with questions or concerns
* It is HSBC's goal to offer you the credit card that best fits your credit profile, which may or may not be the card you originally inquired about. You may be offered a secured card or an unsecured card,
and with different terms and conditions which will be disclosed before your application is processed.
Review
Orchard Bank® Visa Cards are issued by HSBC Bank Nevada, N.A. They are a trio of cards that offer applicants with limited credit histories the opportunity to establish better credit.*
Applicants of this offer are eligible for any one of the following four cards, Orchard Bank® Platinum Visa® Card, Orchard Bank® Gold Visa® Card, Orchard Bank® Visa® Card, Orchard Bank® Secured Visa® Card,
depending on their credit history. The APRs and fees cards vary, and are detailed on the application. These cards share common benefits including credit bureau reporting, 24-hour customer service assistance,
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fees may find one of the Orchard Bank® Visa Cards to be a good fit.
Black Card is your ultimate buying tool and provides exclusive rewards for your luxury lifestyle. Our 24-hour Concierge Service is awaiting to meet your every need, whether it is planning your dream vacation or getting
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Black Card Exclusive RewardsTM
Limited Membership
Black Card is not for everyone. Membership is limited to ensure the highest caliber of personal service is provided to every Cardmember.
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Patent Pending Carbon Graphite
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Unlimited VIP Airport Lounge Visits
Black Card members receive complimentary membership in our VIP airport lounge program with unlimited visits to over 350 lounges in 200 cities worldwide.
Low Introductory Rate on Balance Transfers
When opening a Black Card account, you can transfer over your existing balances and enjoy a 0% Introductory APR for the first six months.
7.49% introductory purchase APR for first 36 months ! After that, the APR will vary with the Prime Rate, and is currently 9.99% APR.
No-fee cash advances carry a 17.99% APR
No Foreign Transaction Fees!
Some restrictions apply.
You must be a Pentagon Federal Credit Union member to apply. Not a member? It’s easy to join. You must be a United States Government employee, member of the United States Military and Uniformed Services, employee or volunteer of the American Red Cross, member of the National Military Family Association, or a family member/housemate of a current PenFed member.
Earn 5.00% cash back from gas purchases paid at the pump*
Earn 1.00% cash back from all purchases** you make with the card during each billing cycle
Up to $50,000 limit
No Annual Fee
Cash Rewards credited each month
No special restrictions to earn your cash rewards
Limited Time Only – Low Balance Transfer Rates†
You must be a Pentagon Federal Credit Union member to apply. Not a member? It’s easy to join. You must be a United States Government employee, member of the United States Military and Uniformed Services, employee or volunteer of the American Red Cross, member of the National Military Family Association, or a family member/housemate of a current PenFed member.
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Use your AccountNow® Gold Visa® Prepaid Card at millions of locations worldwide - to withdraw cash, make everyday purchase shop online, or pay bills. Flaunt the gold privilege you have earned.
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$0 Activation Fee
$25 bonus with Free direct deposit§
Free Online Bill Payment
Up to $10,000 balance limit
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Works like a checking account - load money & use anywhere Visa is accepted - withdraw cash at ATMs, Online Bill Pay, shop at stores, internet, buy gas, etc.
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Share money between two READYdebit cards instantly
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Exclusive Rewards Program
Free Credit Score
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Free Online Cardholder-to-Cardholder Transfers
Optional Savings Account with a 5.00% APY** payments
Note:
This card offers two unique plans, Pay-As-You-Go and Fee Advantage, which differ in terms of the fees, so cardholders should review the terms and conditions before applying to see which plan will fit their needs.
Visa Total Volume Breakdown as of December 31, 2010
The company has four operating regions: Asia-Pacific; Central and Eastern Europe, Middle East and Africa(CEMEA), Latin America and Caribbean(LAC), and North America(U.S. and Canada).
Out of the 1.897 billion cards in circulation, the United States led the way with 685 million cards, followed closely by 571 million cards in Asia Pacific,
387 million cards in LAC, 222 million cards in CEMEA and 33 million cards in Canada.
Out of the $5.191 trillion total volume transacted(from 58.181 billion payment transactions and 12.577 billion cash transactions), the U.S. led the way with $2.250 trillion, which made up of $1.863 trillion Payments Volume(PV) from 37,824 billions transactions and $387 billion Cash Volume(CV) from 3.334 billion transactions.
Here is the statistic for rest of the world:-
Asia Pacific $1.292 trillon($844 billion PV from 10.487 billion transactions + $448 billion CV from 2.309 billion transactions); LAC 796 billon($270 billion PV from 6.487 billion transactions + $526 billion CV from 3.460 billion transactions);
CEMEA $643 billon($104 billion PV from 1.644 billion transactions + $538 billion CV from 3.438 billion transactions); Canada $211 billon($192 billion PV from 1.739 billion transactions + $18 billion CV from 36 million transactions). Interestingly,
the Cash Volume is higher than the Payment Volume in CEMEA and LAC. This is due to the popularity of Visa Debit Programs in those regions.
Visa cardholders(credit & debit) spend an average of $73.36 per transaction compares to $71.21 in 2009. This can be further separated into an average of $56.26 per payment transaction compares to $55.03 in 2009 and an average of $152.42 per cash transaction compares to $143.25 in 2009.
Visa Credit Programs vs. Visa Debit Programs
Total Volume for Visa Credit Programs is $2.196 trillion(from 24.491 billion payment transactions and 683 million cash transactions), made up of $852 billion($809 billion PV from 9.429 billion transactions + $43 billion CV from 67 million payment transactions) in the U.S. and
$1.344 trillion($1.172 billion PV from 15.062 billion transactions + $171 billion CV from 617 million transactions) for rest of the world. There are a total of 770 million Visa credit cards in circulation,
made up of 267 million Visa credit cards in the U.S. and 503 million Visa credit cards for rest of the world.
Visa credit cardholders spend an average of $87.23 per transaction compares to $84.13 in 2009. This can be further separated into an average of $80.93 per payment transaction compares to $77.20 in 2009 and an average of $313.32 per cash transaction compares to $330.70 in 2009.
Total Volume for Visa Debit Programs is $2.995 trillion(from 33.690 billion payment transactions and 11.894 billion cash transactions), made up of $1.398 trillion($1.053 billion PV from 28.395 billion transactions + $344 billion CV from 3.267 billion transactions) in the U.S. and
$1.597 trillion($238 billion PV from 5.294 billion transactions + $1.359 trillion CV from 8.627 billion transactions) for rest of the world. There are a total of 1,127 billion Visa debit cards in circulation,
made up of 418 million Visa debit cards in the U.S. and 709 million Visa debit cards for rest of the world.
Visa debit cardholders spend an average of $65.70 per transaction compares to $63.53 in 2009. This can be further separated into an average of $38.35 per payment transaction compares to $37.35 in 2009 and an average of $143.18 per cash transaction compares to $132.26 in 2009.
Visa History and Milestones
In 1958 Bank of America launches the BankAmericard in Fresno, Calif., with an innovative “revolving credit” feature. Visa is then incorporated in the state of Delaware in 1970 as National BankAmericard Inc. (NBI) in 1970.
Visa’s annual global total volume reaches the US$2 trillion milestone in 2001 and in 2004, Visa’s global debit volume surpasses credit. Finally, in 2008, Visa completes the largest initial public offering in U.S. history
and begins trading publicly on the New York Stock Exchange under the ticker symbol “V.”
Visa operates the world’s largest retail electronic payments network and manages the world’s most recognized global financial services brand. We have more branded credit and debit cards in circulation, more transactions
and greater total volume than any of our competitors. The company owns a family of well known, widely accepted payment brands, including Visa, Visa Electron, PLUS and Interlink. Visa currently provides the assurance of
acceptance at more than 28 million merchant outlets and 1.6 million ATMs in more than 200 countries and territories worldwide.
Visa Cards Statistic 2008-2009
1.808 billion Visa cards
As of December 31, 2009, the company’s customers had issued 1.808 billion Visa cards(1.5 billion accounts), an increase of 5.24% if compares to 1.718 billion cards issued as at December 31, 2008.
Visa Inc. is the world’s largest retail electronic payments network, with over US$4.4 trillion transacted on their payment products over the four quarters ended December 31, 2009.
The U.S. made up $2.014 trillion of the total volume, while the rest of the world generated $2.413 trillion out of the $4.427 trillion total volume. A 1.81% growth recorded over the prior year of $4.348 trillion total volume.
Visa Credit Programs in the U.S. generated $830 billion, while the rest of the world generated $1.117 trillion out of the $1.947 trillion. A negative 4.79% in growth recorded in the Visa credit segment over the prior year of $2.045 trillion total volume.
Visa Debit Programs in the U.S. generated $1.184 trillion, while the rest of the world generated $1.296 trillion out of the $2.479 trillion. A healthy 7.64% growth recorded in the Visa debit segment over the prior year of $2.303 trillion total volume.
This figure shows the credit programs is affected by the financial crisis whereas the debit programs has continued to grow in 2009.
Consumer Credit: Baseline and Premium
Visa consumer credit product platforms allow issuers to offer deferred payment and financing products that can be customized to meet the needs of all consumer segments.
Visa baseline consumer credit platform is marketed to their issuers as Visa Traditional in the United States and Visa Classic in the rest of the world. Issuers offering credit products based on this platform are required to meet
minimum requirements for product functionality and to offer certain services, such as a reporting service for lost or stolen cards.
In addition, Visa offers premium credit platforms, which enable issuers to tailor programs to consumers requiring higher credit lines or enhanced benefits, such as loyalty programs.
Visa premium consumer credit platforms are marketed as Visa Gold, Visa Platinum, Visa Signature and Visa Infinite. Issuers offering these credit products are required to provide
certain functionality and enhanced cardholder services that may vary by product and region.
Aside that, Visa also offers consumer deposit access. The deposit access product platforms enable issuers to offer consumer payment and cash access products that draw upon consumer deposit accounts, such as checking,
demand deposit, asset or other pre-funded accounts.
Visa Total Volume Breakdown as of December 31, 2009
The company has four operating regions: Asia-Pacific; Central and Eastern Europe, Middle East and Africa(CEMEA), Latin America and Caribbean(LAC), and North America(U.S. and Canada).
Out of the 1.808 billion cards in circulation, the United States led the way with 690 million cards, followed closely by 531 million cards
in Asia Pacific, 359 million cards in LAC, 196 million cards in CEMEA and 31 million cards in Canada.
Out of the $4.427 trillion total volume transacted(from 50.758 billion payment transactions and 11.407 billion cash transactions), the U.S. led the way with $2.014 trollion, which made up of $1.647 trillion Payments Volume(PV) from 32.951 billions transactions and $367 billion Cash Volume(CV) from 11.407 billions transactions.
Here is the statistic for rest of the world:-
Asia Pacific $1.087 trillion($692 billion PV from 9.508 billion transactions + $396 billion CV from 2.189 billion transactions); LAC $636 billon($211 billion PV from 5.468 billion transactions + $425 billion CV from 3.261 billion transactions);
CEMEA $509 billon($79 billion PV from 1.247 billion transactions + $430 billion CV from 2.925 billion transactions); Canada $181 billon($164 billion PV from 1.585 billion transactions + $16 billion CV from 35 million transactions). Interestingly,
the Cash Volume is higher than the Payment Volume in CEMEA and LAC. This is due to the popularity of Visa Debit Programs in those regions.
Visa cardholders(credit & debit) spend an average of $71.21 per transaction. This can be further separated into an average of $55.03 per payment transaction and an average of $143.25 per cash transaction.
Visa Credit Programs vs. Visa Debit Programs
Total Volume for Visa Credit Programs is $1.945 trillion(from 22.512 billion payment transactions and 632 million cash transactions), made up of $830 billion($764 billion PV from 9.040 billion transactions + $66 billion CV from 83 million transactions) in the U.S. and
$1.115 trillion($973 billion PV from 13.472 billion transactions + $142 billion CV from 549 million transactions) for rest of the world. There are a total of 784 million Visa credit cards in circulation,
made up of 297 million Visa credit cards in the U.S. and 488 million Visa credit cards for rest of the world.
Visa credit cardholders spend an average of $84.13 per transaction. This can be further separated into an average of $77.20 per payment transaction and an average of $330.70 per cash transaction.
Total Volume for Visa Debit Programs is $2.478 trillion(from 28.246 billion payment transactions and 10.774 billion cash transactions), made up of $1.184 trillion($883 billion PV from 23.911 billion transactions + $302 billion CV from 2.914 billion transactions) in the U.S. and
$1.294 trillion($173 billion PV from 4.335 billion transactions + $1.120 trillion CV from 7.860 billion transactions) for rest of the world. There are a total of 1.024 billion Visa debit cards in circulation,
made up of 394 million Visa debit cards in the U.S. and 630 million Visa debit cards for rest of the world.
Visa debit cardholders spend an average of $63.53 per transaction. This can be further separated into an average of $37.35 per payment transaction and an average of $132.26 per cash transaction.
Note:
The statistic above provides information regarding the operational results for the 12 months ended December 31, 2009, for cards carrying the Visa, Visa Electron and Interlink brands. Card counts include PLUS proprietary cards.
Visa Europe is a separate entity that is an exclusive licensee of Visa Inc.’s trademarks and technology in the European region. As such, the Visa volume statistics exclude Visa Europe.
Payments Volume represents the aggregate dollar amount of purchases made with cards carrying the Visa, Visa Electron and Interlink brands for the relevant period; and Cash Volume represents the aggregate dollar
amount of cash disbursements obtained with these cards for the relevant period and includes the impact of balance transfers and convenience checks; but excludes proprietary PLUS volume. Total Volume represents
Payments Volume plus Cash Volume.
Consumer Debit
Visa Debit. Our primary consumer debit platform uses the Visa brand mark. Through our rules and product platform requirements, we further segment our Visa debit product platform into Visa Classic,
Visa Gold, Visa Platinum and Visa Infinite, which allows our issuers to customize their Visa debit programs and offer a range of benefits to their debit cardholders.
Interlink Debit. We provide the Interlink debit product platform in the United States and certain countries in the AP region. Interlink is a single-message point-of-sale debit network. It generally
requires a cardholder to enter a personal identification number, or PIN, for authentication. Interlink allows our issuers to provide a full range of debit card offerings to their deposit account customers.
Interlink acceptance marks may be included on Visa debit cards or issued as standalone debit cards.
Visa Electron Debit. Visa Electron is a payment product platform that permits issuers to require all transactions initiated from the card to be authorized electronically. It is primarily used by issuers
offering payment programs to higher risk customer segments or in countries where electronic authorization is less prevalent, such as certain markets in the AP, LAC and CEMEA regions. Visa Electron
is primarily issued as a consumer debit product, but Visa Electron can also be issued as a credit or prepaid product for consumers or businesses.
POS Check Service. The Visa POS Check Service enables merchants to convert the account information on a consumer’s check into an electronic Visa transaction message at the point of sale if
the check is drawn on a demand deposit account held at a participating Visa customer. This service, which is currently offered only in the United States, reduces the cost and time involved in merchant and
financial institution processing of checks by taking advantage of Visa’s efficient electronic payments processing.
Cash Access
Our customers can provide global cash access to their cardholders by issuing products accepted at Visa and PLUS branded ATMs. Most Visa and Visa Electron branded cards offer customers cash access at ATMs,
as well as at branches of our participating financial institution customers. The PLUS brand may also be included on issuers’ non-Visa branded cards to offer international cash access as a complement to
domestic cash access services.
Prepaid
Our prepaid product platform enables issuers to offer products that access a designated pool of funds, allowing cardholders to enjoy the convenience and security of a payment card in lieu of cash or
checks. Our prepaid platform includes gift, travel, youth, payroll, money transfer, voucher replacement, corporate incentive, insurance reimbursement and government benefits cards. Our prepaid cards can
be distributed through a number of channels, including financial institution branches, Internet sites, merchants and employers.
1.723 billion Visa cards as of March 31, 2009
As of March 31, 2009, the company’s customers had issued 1.723 billion Visa cards, an increase of 6.4% if compares to 1.620 billion cards issued as at March 31, 2008.
Visa Inc. is the world’s largest retail electronic payments network, with nearly US$4.3 trillion transacted on their payment products over the four quarters ended March 31, 2009.
The U.S. made up $2.022 trillion of the total volume, while the rest of the world generated $2.257 trillion
out of the $4.279 trillion total volume. A 6.7% growth recorded over the prior year of $4.010 trillion total volume.
Visa Credit Programs in the U.S. generated $916 billion, while the rest of the world generated $1.060 trillion out of the $1.976 trillion. A slow 0.3% growth recorded in the Visa credit segment over the prior year of $1.971 trillion total volume.
Visa Debit Programs in the U.S. generated $1.106 trillion, while the rest of the world generated $1.197 trillion out of the $2.303 trillion. A significant 13% growth recorded in the Visa debit segment over the prior year of $2.039 trillion total volume.
Visa Total Volume Breakdown as of March 31, 2009
The company has four operating regions: Asia-Pacific; Central and Eastern Europe, Middle East and Africa(CEMEA), Latin America and Caribbean(LAC), and North America(U.S. and Canada).
Out of the 1.723 billion cards in circulation, the United States led the way with 664 million cards, followed closely by 506 million cards in Asia Pacific, 341 million cards in LAC, 182 million cards in CEMEA and 31 million cards in Canada.
Out of the $4.279 trillion total volume transacted, the U.S. led the way with $2.022 trllion, which made up of $1.632 trillion Payments Volume(PV) and $391 billion Cash Volume(CV). Here is the statistic for rest of the world:-
Asia Pacific $972 billon($633 billion PV + $339 billion CV); LAC $586 billon($189 billion PV + $397 billion CV); CEMEA $520 billon($77 billion PV + $443 billion CV); Canada $179 billon($160 billion PV + $19 billion CV). Interestingly,
the Cash Volume is higher than the Payment Volume in CEMEA and LAC. This is due to the popularity of Visa Debit Programs in those regions.
Visa Credit Programs vs. Visa Debit Programs as of March 31, 2009
Total Volume for Visa Credit Programs is $1.976 trillion, made up of $916 billion($805 billion PV + $111 billion CV) in the U.S. and $1.060 trillion($909 billion PV + $151 billion CV) for rest of the world. There are a total of 798 million Visa credit cards in circulation,
made up of 318 million Visa credit cards in the U.S. and 480 million Visa credit cards for rest of the world.
Total Volume for Visa Debit Programs is $2.303 trillion, made up of $1.106 trillion($827 billion PV + $279 billion CV) in the U.S. and $1.197 trillion($151 billion PV + $1.046 trillion CV) for rest of the world. There are a total of 925 million Visa debit cards in circulation,
made up of 346 million Visa debit cards in the U.S. and 579 million Visa debit cards for rest of the world.
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