Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

VISA, INC.

(V)
  Report
Delayed Nyse  -  04:00 2022-10-06 pm EDT
185.59 USD   -1.11%
11:35aNew Visa Reports Underscore Importance of Cybersecurity Amid Shifting Threats
BU
08:08aVisa and TD Modernizing Cross-Border Money Movement for Businesses with Visa B2B Connect
AQ
06:37aGoldman Sachs Cuts Price Target on Visa to $267 From $283, Maintains Buy Rating
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Astra and Visa Partner to Enable Faster Funding for New Accounts

08/09/2022 | 09:00am EDT

Astra announced it is using Visa Direct2 – Visa's real-time3 payments service – to provide fast payments to millions of its end-users who can fund cards, wallets, and other accounts with their eligible debit cards. Astra offers a payments platform that allows developers to quickly and safely add transfer functionality to their existing applications in as little as a week of development time. Built for scale and leveraging automation, the Astra Platform is integrated via API and allows builders to add payment functionality to their applications without the need for handling additional compliance, capital commitments, or operational costs.

The onboarding experience for a new user of a neo-banking or marketplace application is critical and only lasts a few moments. In many cases, funding a new bank account or wallet includes waiting multiple days for an ACH transfer to clear before the associated debit card can be used. With Astra, consumers can fund a new debit card in real-time, easily transferring funds from an existing debit card through Visa Direct.

This technology enables fintech products to help consumers move their funds to the desired account in real-time3, 24 hours a day, 365 days a year. Accelerating funds availability can lead to a smoother consumer onboarding experience, and the ability to start monetizing card transactions faster.


© S&P Capital IQ 2022
All news about VISA, INC.
11:35aNew Visa Reports Underscore Importance of Cybersecurity Amid Shifting Threats
BU
08:08aVisa and TD Modernizing Cross-Border Money Movement for Businesses with Visa B2B Connec..
AQ
06:37aGoldman Sachs Cuts Price Target on Visa to $267 From $283, Maintains Buy Rating
MT
10/04Visa She's Next Grant Program Returns to Help Women Entrepreneurs Navigate New Business..
AQ
10/03Morgan Stanley Adjusts Visa's Price Target to $282 from $291, Maintains Overweight Rati..
MT
09/30Insider Sell: Visa
MT
09/30PayU Payments Private Limited cancelled the acquisi..
CI
09/29Uber and Visa Provide $1 Million in Grants and Resources to Support Small Businesses
PR
09/26Visa on Track for Lowest Close Since October 2020 -- Data Talk
DJ
09/26Visa Takes a Shot at Financial Goals with New Soccer Video Game
BU
More news
Analyst Recommendations on VISA, INC.
More recommendations
Financials (USD)
Sales 2022 29 095 M - -
Net income 2022 15 001 M - -
Net Debt 2022 5 069 M - -
P/E ratio 2022 26,4x
Yield 2022 0,80%
Capitalization 384 B 384 B -
EV / Sales 2022 13,4x
EV / Sales 2023 11,9x
Nbr of Employees 21 500
Free-Float 78,7%
Chart VISA, INC.
Duration : Period :
Visa, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VISA, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 34
Last Close Price 185,59 $
Average target price 256,39 $
Spread / Average Target 38,1%
EPS Revisions
Managers and Directors
Alfred F. Kelly Chairman & Chief Executive Officer
Ryan McInerney President
Vasant M. Prabhu Vice Chairman & Chief Financial Officer
Rajat Taneja President-Technology
Kelly Mahon Tullier Vice Chairman, Secretary & Chief People Officer
Sector and Competitors
1st jan.Capi. (M$)
VISA, INC.-13.40%388 257
MASTERCARD, INC.-15.34%293 972
PAYPAL HOLDINGS, INC.-50.24%108 512
PALO ALTO NETWORKS, INC.-5.35%52 557
VENUSTECH GROUP INC.-29.16%2 685
TOPSEC TECHNOLOGIES GROUP INC.-52.01%1 495