Visa : Operational Data

Operational Performance Data

The tables below provide information regarding the available operational results for the 3 months ended June 30, 2019, as well as the prior four quarterly reporting periods and the 12 months ended June 30, 2019 and 2018, for cards and other form factors carrying the Visa, Visa Electron, V PAY and Interlink brands.

1. Branded Volume and Transactions

The tables present regional total volume, payments volume, and cash volume, and the number of payments transactions, cash transactions, accounts and cards for cards and other form factors carrying the Visa, Visa Electron, V PAY and Interlink brands and excludes Europe co-badged volume and transactions for all periods. Card counts include PLUS proprietary cards. Nominal and constant dollar growth rates over prior years are provided for volume-based data.

								For the 3 Months Ended June 30, 2019
				Total	Growth	Growth	Payments	Growth	Growth	Payments	Cash	Growth	Growth	Cash
				Volume	(Nominal	(Constant	Volume	(Nominal	(Constant	Transactions	Volume	(Nominal	(Constant	Transactions	Accounts	Cards
				($ billions)	USD)	USD)	($ billions)	USD)	USD)	(millions)	($ billions)	USD)	USD)	(millions)	(millions)	(millions)
All Visa Credit & Debit		(1.9%)	3.0%	$484	(0.4%)	5.4%	7,496		$117	(7.9%)	(5.8%)	987		3		5
Asia Pacific	$601
Canada	74	1.6%	5.6%	69	2.0%	6.0%	1,014		6	(3.0%)	0.7%	11		63		63
CEMEA	297	5.4%	8.9%	125	18.3%	22.1%	5,123		172	(2.3%)	1.0%	1,244		3		3
LAC	233	(2.6%)	7.5%	104	2.4%	15.8%	3,612		130	(6.3%)	1.6%	1,197		2		2
US	1,166	7.7%	7.7%	1,020	8.8%	8.8%	18,620		146	1.1%	1.1%	940		6		7
Europe	560	(3.2%)	4.6%	429	0.2%	7.8%	10,328		130	(13.2%)	(4.8%)	987		19		23
Visa Inc.	2,931	2.2%	6.2%	2,230	4.9%	8.7%	46,193		701	(5.6%)	(1.2%)	5,366		97		102
Visa Credit Programs
US	$542	6.9%	6.9%	$528	7.0%	7.0%	6,400		$14	4.2%	4.2%	15		-		-
International		739	(0.8%)	5.9%	691	(0.4%)	6.4%	10,735		49	(6.8%)	(1.1%)	218		976		1,128
Visa Inc.	1,281	2.3%	6.3%	1,218	2.7%	6.7%	17,135		63	(4.5%)	0.0%	233		976		1,128
Visa Debit Programs
US	$624	8.5%	8.5%	$493	10.7%	10.7%	12,220		$132	0.7%	0.7%	925		-		-
International	1,026	(1.4%)	4.6%	519	5.1%	11.8%	16,838		507	(7.2%)	(1.8%)	4,207		2,053		2,252
Visa Inc.	1,650	2.1%	6.0%	1,012	7.7%	11.3%	29,058		638	(5.7%)	(1.3%)	5,133		2,053		2,252
								For the 3 Months Ended March 31, 2019
				Total	Growth	Growth	Payments	Growth	Growth	Payments	Cash	Growth	Growth	Cash	Accounts	Cards
				Volume	(Nominal	(Constant	Volume	(Nominal	(Constant	Transactions	Volume	(Nominal	(Constant	Transactions
				($ billions)	USD)	USD)	($ billions)	USD)	USD)	(millions)	($ billions)	USD)	USD)	(millions)	(millions)	(millions)
All Visa Credit & Debit
Asia Pacific	$598	(1.4%)	3.6%	$477	0.7%	6.3%	6,942		$121	(9.1%)	(5.6%)	1,002		933		1,028
Canada	65	(1.1%)	3.4%	59	(0.7%)	3.8%	878		5	(5.5%)	(1.2%)	11		62		69
CEMEA	272	1.0%	9.4%	111	11.5%	22.1%	4,474		161	(5.1%)	2.0%	1,144		353		349
LAC	230	(9.5%)	5.9%	101	(4.7%)	14.1%	3,439		129	(12.9%)	0.1%	1,148		429		465
US	1,071	6.9%	6.9%	930	7.9%	7.9%	16,970		141	0.9%	0.9%	888		758		917
Europe	529	(5.1%)	4.4%	406	(2.6%)	6.3%	9,458		124	(12.5%)	(1.2%)	926			502		551
Visa Inc.	2,765	0.4%	5.8%	2,085	3.3%	8.0%	42,160		680	(7.7%)	(0.6%)	5,120		3,037		3,378
Visa Credit Programs
US	$488	6.1%	6.1%	$473	6.3%	6.3%	5,705		$15	0.6%	0.6%	14		271		336
International	715	(1.3%)	6.5%	668	(0.8%)	7.0%	9,896		47	(7.7%)	0.0%	203			704		788
Visa Inc.	1,203	1.6%	6.3%	1,141	2.0%	6.7%	15,601		62	(5.9%)	0.2%	217		974		1,123
Visa Debit Programs
US	$583	7.7%	7.7%	$457	9.7%	9.7%	11,265		$126	1.0%	1.0%	874		487		581
International	979	(4.8%)	4.0%	487	0.9%	9.8%	15,294		492	(9.9%)	(1.1%)	4,028			1,576		1,674
Visa Inc.	1,562	(0.5%)	5.4%	944	5.0%	9.7%	26,559		618	(7.8%)	(0.7%)	4,903		2,063		2,255

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						For the 3 Months Ended December 31, 2018
		Total		Growth	Growth	Payments	Growth	Growth	Payments	Cash	Growth	Growth	Cash
		Volume		(Nominal	(Constant	Volume	(Nominal	(Constant	Transactions	Volume	(Nominal	(Constant	Transactions	Accounts	Cards
		($ billions)		USD)	USD)	($ billions)	USD)	USD)	(millions)	($ billions)	USD)	USD)	(millions)	(millions)	(millions)
All Visa Credit & Debit						$493	5.1%	9.1%	7,387		$123	(5.8%)	(2.4%)	1,058		921		1,020
Asia Pacific	$616	2.7%	6.6%
Canada	76	5.1%	9.0%	70	5.2%	9.1%	995		6	3.9%	7.8%	11		63		69
CEMEA	287	1.9%	8.6%	114	14.2%	22.3%	4,504		173	(4.8%)	1.1%	1,267		348		343
LAC	252	(7.4%)	8.8%	108	(3.4%)	16.7%	3,545		144	(10.1%)	3.5%	1,276		426		464
US	1,121	9.5%	9.5%	979	10.5%	10.5%	17,887		142	3.0%	3.0%	925		754		914
Europe		570	1.0%	7.2%	429	3.0%	8.5%	9,988		141	(4.6%)	3.6%	1,061		502		549
Visa Inc.	2,922	3.8%	8.3%	2,194	7.0%	10.6%	44,306		729	(4.6%)	1.9%	5,598		3,015		3,359
Visa Credit Programs
US	$533	8.4%	8.4%	$519	8.5%	8.5%	6,329		$14	4.7%	4.7%	15		273		337
International		752	2.3%	8.7%	701	2.9%	9.4%	10,414		51	(5.1%)	0.5%	220		701		782
Visa Inc.	1,285	4.8%	8.6%	1,220	5.2%	9.0%	16,743		65	(3.1%)	1.4%	236		974		1,119
Visa Debit Programs
US	$588	10.5%	10.5%	$460	12.8%	12.8%	11,558		$127	2.8%	2.8%	909		481		576
International		1,049	(0.6%)	6.7%	513	6.3%	12.4%	16,005		536	(6.4%)	1.7%	4,453		1,560		1,663
Visa Inc.	1,637	3.1%	8.0%	974	9.3%	12.6%	27,563		663	(4.7%)	1.9%	5,362		2,041		2,240
						For the 3 Months Ended September 30, 2018
		Total		Growth	Growth	Payments	Growth	Growth	Payments	Cash	Growth	Growth	Cash
		Volume		(Nominal	(Constant	Volume	(Nominal	(Constant	Transactions	Volume	(Nominal	(Constant	Transactions	Accounts	Cards
		($ billions)		USD)	USD)	($ billions)	USD)	USD)	(millions)	($ billions)	USD)	USD)	(millions)	(millions)	(millions)
All Visa Credit & Debit			5.1%	8.0%	$476	7.5%	10.2%	7,062		$123	(3.3%)	0.3%	1,041		920		1,018
Asia Pacific	$599
Canada	71	3.4%	8.5%	66	3.5%	8.6%	939		6	1.7%	6.7%	11		60		66
CEMEA	277	1.8%	7.9%	106	13.3%	20.8%	4,211		171	(4.3%)	1.2%	1,227		353		345
LAC	231	(9.5%)	7.8%	97	(5.3%)	16.0%	3,284		134	(12.3%)	2.6%	1,198		436		472
US	1,090	11.0%	11.0%	945	12.5%	12.5%	17,508		145	2.1%	2.1%	956		739		898
Europe		568		2.3%	7.6%	422	4.8%	9.1%	9,478		145	(4.5%)	3.4%	1,089		499		548
Visa Inc.	2,835	4.9%	9.0%	2,112	8.6%	11.7%	42,483		723	(4.5%)	1.9%	5,522		3,007		3,347
Visa Credit Programs			10.9%	10.9%	$499	11.2%	11.2%	6,152		$14	0.7%	0.7%	16		269		336
US	$513
International		727		3.5%	9.2%	676	4.1%	9.9%	10,000		51	(4.2%)	0.4%	220		692		771
Visa Inc.	1,241	6.4%	9.9%	1,175	7.0%	10.5%	16,152		66	(3.2%)	0.4%	236		961		1,107
Visa Debit Programs						$446	14.0%	14.0%	11,356		$130	2.3%	2.3%	941		470		562
US	$577	11.1%	11.1%
International		1,018		0.0%	6.9%	491	7.8%	12.6%	14,976		527	(6.2%)	2.1%	4,346		1,576		1,678
Visa Inc.	1,594	3.8%	8.4%	937	10.7%	13.3%	26,332		657	(4.7%)	2.1%	5,286		2,046		2,239
							For the 3 Months Ended June 30, 2018
		Total		Growth	Growth	Payments	Growth	Growth	Payments	Cash	Growth	Growth	Cash	Accounts	Cards
		Volume		(Nominal	(Constant	Volume	(Nominal	(Constant	Transactions	Volume	(Nominal	(Constant	Transactions
		($ billions)		USD)	USD)	($ billions)	USD)	USD)	(millions)	($ billions)	USD)	USD)	(millions)	(millions)	(millions)
All Visa Credit & Debit
Asia Pacific	$613	13.3%	9.2%	$485	17.0%	12.2%	6,700		$128	1.1%	(0.5%)	1,006		902		1,002
Canada	73	13.6%	9.2%	67	13.8%	9.4%	922		6	11.2%	6.9%	11		59		65
CEMEA	282	4.4%	8.0%	105	18.3%	22.6%	4,054		176	(2.4%)	0.8%	1,238		347		339
LAC	240	(3.4%)	6.8%	101	1.6%	13.8%	3,199		138	(6.7%)	2.4%	1,180		430		466
US	1,082	10.0%	10.0%	938	11.3%	11.3%	17,276		144	2.1%	2.1%	994		707		853
Europe		578	13.0%	7.2%	428	15.2%	8.7%	9,076		150	7.1%	3.1%	1,096		498		547
Visa Inc.	2,868	9.5%	8.8%	2,125	13.2%	11.6%	41,226		742	0.1%	1.6%	5,525		2,943		3,272
Visa Credit Programs
US	$507	10.0%	10.0%	$493	10.5%	10.5%	5,990		$14	(4.5%)	(4.5%)	15		265		333
International		745	12.7%	10.1%	693	13.6%	11.0%	9,709		52	2.3%	(0.1%)	219		685		764
Visa Inc.	1,252	11.6%	10.1%	1,186	12.3%	10.8%	15,699		66	0.8%	(1.1%)	234		950		1,097
Visa Debit Programs
US	$576	10.0%	10.0%	$445	12.3%	12.3%	11,286		$131	2.8%	2.8%	979		442		520
International		1,040	6.8%	6.6%	494	16.5%	12.8%	14,242		546	(0.6%)	1.6%	4,312		1,551		1,655
Visa Inc.	1,616	7.9%	7.9%	939	14.5%	12.6%	25,528		677	0.0%	1.9%	5,291		1,993		2,175

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									For the 12 Months Ended June 30, 2019
			Total		Growth	Growth	Payments		Growth	Growth	Payments	Cash	Growth	Growth	Cash
			Volume		(Nominal	(Constant	Volume		(Nominal	(Constant	Transactions	Volume	(Nominal	(Constant	Transactions	Accounts	Cards
			($ billions)		USD)	USD)	($ billions)		USD)	USD)	(millions)	($ billions)	USD)	USD)	(millions)	(millions)	(millions)
All Visa Credit & Debit	$2,414	1.0%	5.3%	$1,929	3.1%	7.7%	28,887		$485	(6.5%)	(3.4%)	4,088		3		5
Asia Pacific
Canada	286	2.3%	6.7%	264	2.6%	6.9%	3,827		22	(0.8%)	3.4%	44		63		63
CEMEA	1,133	2.6%	8.7%	456	14.4%	21.9%	18,312		677	(4.1%)	1.3%	4,882		3		3
LAC	946	(7.3%)	7.5%	410	(2.8%)	15.7%	13,880		536	(10.5%)	2.0%	4,820		2		2
US	4,448	8.8%	8.8%	3,875	9.9%	9.9%	70,985		573	1.8%	1.8%	3,710		6		7
Europe	2,227	(1.3%)	6.0%	1,686	1.3%	7.9%	39,253		541	(8.7%)	0.3%	4,062		1,524		1,671
Visa Inc.	11,454	2.8%	7.3%	8,621	5.9%	9.7%	175,143		2,833	(5.6%)	0.5%	21,606		1,601		1,750
Visa Credit Programs	$2,076	8.1%	8.1%	$2,019	8.2%	8.2%	24,585		$57	2.5%	2.5%	60		-		-
US
International	2,934	0.9%	7.6%	2,736	1.4%	8.2%	41,045		198	(5.9%)	0.0%	862		976		1,128
Visa Inc.	5,010	3.7%	7.8%	4,755	4.2%	8.2%	65,631		255	(4.2%)	0.5%	922		976		1,128
Visa Debit Programs	$2,371	9.4%	9.4%	$1,856	11.7%	11.7%	46,399		$515	1.7%	1.7%	3,650		-		-
US
International	4,072	(1.7%)	5.6%	2,010	5.0%	11.7%	63,113		2,062	(7.4%)	0.2%	17,034		2,053		2,252
Visa Inc.	6,443	2.1%	6.9%	3,866	8.1%	11.7%	109,512		2,578	(5.7%)	0.5%	20,684		2,053		2,252
									For the 12 Months Ended June 30, 2018
			Total		Growth	Growth	Payments		Growth	Growth	Payments	Cash	Growth	Growth	Cash
			Volume		(Nominal	(Constant	Volume		(Nominal	(Constant	Transactions	Volume	(Nominal	(Constant	Transactions	Accounts	Cards
			($ billions)		USD)	USD)	($ billions)		USD)	USD)	(millions)	($ billions)	USD)	USD)	(millions)	(millions)	(millions)
All Visa Credit & Debit
Asia Pacific	$2,389	10.9%	7.3%	$1,871	13.6%	10.0%	25,418		$519	2.2%	(1.2%)	3,954		902		1,002
Canada	280	13.5%	8.8%	258	13.6%	8.9%	3,468		22	12.4%	7.7%	44		59		65
CEMEA	1,105	9.8%	8.5%	398	24.9%	22.6%	14,926		706	2.8%	2.0%	4,952		347		339
LAC	1,020	4.6%	6.1%	422	9.3%	11.9%	12,425		599	1.6%	2.5%	4,721		430		466
US	4,089	9.4%	9.4%	3,526	10.4%	10.4%	65,769		563	3.5%	3.5%	3,932		707		853
Europe	2,256	14.5%	7.6%	1,664	16.8%	9.4%	34,400		592	8.5%	2.6%	4,234			498		547
Visa Inc.	11,139	10.4%	8.2%	8,139	13.1%	10.6%	156,405		3,000	3.7%	2.0%	21,837		2,943		3,272
Visa Credit Programs																265		333
US	$1,921	9.9%	9.9%	$1,865	10.4%	10.4%	22,981		$56	(4.1%)	(4.1%)	63
International	2,909	11.9%	8.6%	2,698	12.6%	9.4%	37,157		211	3.9%	(0.5%)	878		685		764
Visa Inc.	4,830	11.1%	9.1%	4,563	11.7%	9.8%	60,138		266	2.1%	(1.3%)	941		950		1,097
Visa Debit Programs								10.3%	42,788		$507	4.4%	4.4%	3,869		442		520
US	$2,168	8.9%	8.9%	$1,661	10.3%
International	4,141		10.3%	6.7%	1,915		19.1%	13.0%	53,480		2,227	3.8%	1.8%	17,027			1,551		1,655
Visa Inc.	6,309	9.8%	7.5%	3,576	14.9%	11.7%	96,267		2,734	3.9%	2.3%	20,896		1,993		2,175

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2. Cross-Border Volume

The table below represents cross-border volume growth for cards and other form factors carrying the Visa, Visa Electron, V PAY, Interlink and PLUS brands. Cross-border volume refers to payments and cash volume where the issuing country is different from the merchant country.

	Growth	Growth
	(Nominal	(Constant
Period	USD)	USD)
3 Months Ended
Jun 30, 2019	2%	7%
Mar 31, 2019	(2%)	4%
Dec 31, 2018	3%	7%
Sep 30, 2018	8%	10%
Jun 30, 2018	15%	10%
12 Months Ended
Jun 30, 2019	3%	7%

3. Visa Processed Transactions

The table below represents transactions using cards and other form factors carrying the Visa, Visa Electron, V PAY, Interlink and PLUS brands processed on Visa's networks.

	Processed
Period	Transactions	Growth
(millions)
3 Months Ended	35,428	12%
Jun 30, 2019
Mar 31, 2019	32,544	11%
Dec 31, 2018	33,931	11%
Sep 30, 2018	32,763	12%
Jun 30, 2018	31,728	12%
12 Months Ended	134,667	12%
Jun 30, 2019

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Footnote

Payments volume, including Visa Direct volume, represents the aggregate dollar amount of purchases made with cards and other form factors carrying the Visa, Visa Electron, V PAY and Interlink brands and excludes Europe co-badged volume 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 and cash volume.

Visa payment products are comprised of credit and debit programs, and data relating to each program is included in the tables. Debit programs include Visa's signature based and Interlink (PIN) debit programs.

The data presented is based on transactions processed by Visa and reported by Visa's financial institution clients on their operating certificates. Estimates may be utilized if data is unavailable.

On occasion, previously presented information may be updated. Prior period updates, if any, are not material.

Visa's CEMEA region is comprised of countries in Central Europe, the Middle East and Africa. Several European Union countries in Central Europe, Israel and Turkey are not included in CEMEA. LAC is comprised of countries in Central and South America and the Caribbean. International includes Asia Pacific, Canada, CEMEA, Europe and LAC.

Information denominated in U.S. dollars is calculated by applying an established U.S. dollar/local currency exchange rate for each local currency in which Visa Inc. volumes are reported ("Nominal USD"). These exchange rates are calculated on a quarterly basis using the established exchange rate for each quarter. To eliminate the impact of foreign currency fluctuations against the U.S. dollar in measuring performance, Visa Inc. also reports year-over-year growth in total volume, payments volume and cash volume on the basis of local currency information ("Constant USD"). This presentation represents Visa's historical methodology which may be subject to review and refinement.

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