Visa - People Move Online

14-MAY-20

Visa may have taken a knock because travellers have not been swiping their cards in foreign currencies but they sure have benefitted from a huge shift to ecommerce. According to this Market Watch article, 13 million Visa cardholders made ecommerce transactions for the first time ever during March in Latin America. Visa also saw an 18% rise in US digital sales excluding travel. Face to Face transactions dropped 45%.


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V Q2 - Cross-Border Payments Down

05-MAY-20

Another Vestact stock to report last week was Visa; they were reporting for Q2 of their 2020 financial year. Revenue for the quarter came in at $5.9 billion and earnings per share of $1.39, both beating the expectation of the street.


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The Impact of Covid-19 on Visa

02-APR-20

Right, next up in my review of the virus impact on our major holdings is payments processor Visa. As I said yesterday, we need to try to pinpoint how the changed world that we live in now will impact on their revenue and profitability, and decide if we are still comfortable to hold their shares at current prices.


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Visa Q1 - Strong Volume Growth

03-FEB-20

The payments processing giant Visa released outstanding financial and operating results, on Thursday the 30th of January. In a record quarter, the company processed over $3 trillion in transactions, up 11%, which drove revenues to grow by 10% to $6.05 billion. Profits of $3.27 billion also grew at the same clip of 10%. Visa's high fee cross-boarder transaction volume growth increased by 9%.


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Visa Buys Plaid

15-JAN-20

On Monday Visa announced a $5.3bn acquisition of Fintech start up called Plaid. That is a lot of money!


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Visa Buys Into Nigerian Fintech Interswitch

12-NOV-19

As we know, Visa is a very profitable company operating in payments; a fast growing sector with lots of innovation. When you are that profitable, you are at risk of disruption. That is why Visa continues to snap up stakes in exciting payments companies.


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Visa Q4 - Competing With Cash

25-OCT-19

Our biggest and most widely held stock in our client base, Visa, reported Q4 and full year numbers last night. Here is what Chairman and CEO Alfred Kelly had to say.


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Visa Making Money Off Of Travel

17-SEP-19

In the travel and tourism space we hold Booking.com shares. What many people do not realise is that Visa is also well poised to benefit from this growing trend . I mean, the name "Visa" should be a big enough clue.


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The Leading Tower of Visa

24-JUL-19

Payments processing giant Visa reported second quarter earnings numbers last night. The San Francisco-based company has market value of over $400 billion, and is the largest portfolio holding in most Vestact customer accounts.


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Visa Q2 - Beating Expectations

26-APR-19

Visa released its Q2 earnings, showing that consumer confidence was subdued outside of the US. Increasing consumer spending in North America though, sent profits surging 14% higher. The Visa share price was only down 0.3% after-hours thanks to a very bullish picture painted by management for the second half of the financial year.


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Visa Q1 numbers - beating expectations

31-JAN-19

One of the things that strikes me about following great companies for a long time is how people underestimate their ability to keep on growing. When we first advised clients to buy Visa shares, it was listing on the New York market at around $15 a share. The actual initial public offering (IPO) took place on March 18, 2008. Prior to that is was a mutual organisation, owned by the banks that issued its branded cards and used its switching network.


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Visa Q4 - steady growth

25-OCT-18

Our top client holding, by the number of holders, remains fund transfer processor Visa. The San Francisco-based corporation employs just 15,000 people but has a market capitalisation of $300 billion.


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Visa, backbone of payments

01-OCT-18

This opinion piece in the Motley Fool comparing Square and Visa made some interesting points. First and foremost it estimates that consumers globally still spent over $17 trillion with cash and cheques last year. That right there is the opportunity.


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Visa taking pressure over swipe fees

13-AUG-18

Visa is our biggest holding in New York and has done incredibly well. In 5 years the share price is up 212%. But this does not mean we must become complacent and expect it to continue to thrive. The competition for electronic payments is heating up, and many merchants are tired of absorbing swipe fees.


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Visa 3Q - keeps growing

27-JUL-18

On Wednesday evening after the market closed, our biggest US holding, Visa reported earnings. Over the last 12-months, the stock is up 40% and over the previous 5-years it has tripled in value.


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