: Visa does not issue cards, extend credit, or set interest rates; these functions are handled by partner banks .
The company began as a radical experiment in decentralized finance. visa credit card company
: Launched by Bank of America in Fresno, CA, it was the first card to offer revolving credit. : Visa does not issue cards, extend credit,
: In 2025, its VisaNet system processed over 257 billion transactions totaling $14.2 trillion. Evolutionary Origins : Visa does not issue cards
: Founder Dee Hock realized the "card" was just a placeholder for data; the real business was the trusted exchange of value.