Parkev Tatevosian, CFA has positions in Visa. The Motley Fool has positions in and recommends Visa. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Visa is a giant payment processor with a massive reach. There are reasons to like the stock, but there are real reasons to dislike it, too.Visa (V -0.48%) is a well-run company. It is understandable that many investors might want to own the stock. But even great companies aren't appropriate for every investor, and that's definitely true of Visa.Here's a look at why Visa stock is interesting today and why, despite its attractiveness as an investment, some investors might want to avoid it just the same.Visa i ...

文章核心观点 - 公司整体业务保持稳定,第三季度美国支付量、跨境交易量和交易处理量均保持增长 [3][4] - 亚太地区业务受到一些挑战,主要受到中国国内交易量下滑和跨境旅行恢复缓慢的影响 [11][12][13] - 公司对未来美国市场和全球市场的增长前景保持乐观,认为数字支付渗透率和新兴业务的发展空间巨大 [16][17][18][20][21][23][27] - 公司正在积极应对与商户的诉讼,并致力于寻求和解,认为和解是最佳方案 [29][30][31] - 价值增值服务业务保持高速增长,已经成为公司重要的收入来源和增长引擎 [34][35][36][37][43] - 新支付业务(New Flows)仍处于起步阶段,但公司看好其巨大的发展潜力 [45][46][47][48][49] - 跨境交易业务中,电商交易持续保持高增长,而旅游交易恢复进度有所放缓 [51][52][53] - 公司激励计划占总收入的比重有所下降,未来将更多关注业务增长而非激励计划 [54][55] 分组1 - 公司整体业务保持稳定,第三季度美国支付量、跨境交易量和交易处理量均保持增长 [3][4] - 亚太地区业务受到一些挑战,主要受到中国国内交易量下滑和跨境旅行恢复缓慢的影响 [11][12][13] - 公司对未来美国市场和全球市场的增长前景保持乐观,认为数字支付渗透率和新兴业务的发展空间巨大 [16][17][18][20][21][23][27] 分组2 - 公司正在积极应对与商户的诉讼,并致力于寻求和解,认为和解是最佳方案 [29][30][31] - 价值增值服务业务保持高速增长,已经成为公司重要的收入来源和增长引擎 [34][35][36][37][43] - 新支付业务(New Flows)仍处于起步阶段,但公司看好其巨大的发展潜力 [45][46][47][48][49] 分组3 - 跨境交易业务中,电商交易持续保持高增长,而旅游交易恢复进度有所放缓 [51][52][53] - 公司激励计划占总收入的比重有所下降,未来将更多关注业务增长而非激励计划 [54][55]

会议主要讨论的核心内容 宏观经济环境和消费者趋势 - 公司表示第三季度至今的整体业务表现保持稳定,美国付款量同比增长5%,跨境付款量(不含欧洲内部)同比增长13%,交易处理量同比增长10%,与第三季度的预期一致 [3][4] - 公司认为尽管面临就业不确定性、贷款成本上升、通胀等诸多挑战,但消费者整体表现出了很强的韧性 [7][8] - 公司表示亚太地区的表现低于预期,主要受到中国国内消费疲软和跨境旅行恢复缓慢的影响 [11][12][13] 长期增长潜力 - 公司认为美国市场仍有大量现金和支票交易有待数字化,以及租金、贷款还款等非卡交易有待进一步渗透,加上价值增值服务和新支付流的快速发展,美国市场仍有很大增长空间 [17][18][19][20][21] - 公司表示全球范围内,现金和支票交易占总个人消费支出的一半左右,这代表了公司未来20万亿美元的巨大市场机会 [17][23] - 公司的价值增值服务业务和新支付流业务增长迅速,有望成为公司未来重要的增长引擎 [24][25][26] 监管和诉讼进展 - 公司对法院驳回和解协议感到失望,但表示将继续寻求和解,认为这是最佳方案 [29][30][31] - 公司表示不会通过系统性地转移网络费用的方式来规避反规避条款的限制 [30][31] 价值增值服务业务 - 价值增值服务业务是公司的战略重点,有助于深化与客户的合作关系,为公司带来创新动力和新的市场机会 [34][35] - 价值增值服务业务包括发卡解决方案、收单解决方案、风险管理和咨询服务等五大业务线,呈现良好的增长态势 [40][41][42][43] - 价值增值服务业务约占公司总收入的60%-70%,其中60%左右体现为数据处理收入,其余则为服务收入和其他收入 [42][43] 新支付流业务 - 新支付流业务代表了公司200万亿美元的巨大市场机会,公司正在通过创新产品和服务解决B2B支付的痛点和效率问题 [45][46][47][48][49] - 公司在商业卡业务(VCS)方面已经积累了一定经验,未来将继续发展虚拟卡等创新产品,并利用公司的规模和影响力推动新支付流业务的发展 [47][48][49] 问答环节重要的提问和回答 跨境业务趋势 - 提问:公司如何看待跨境业务的恢复趋势,尤其是旅游消费和电商消费的占比变化 [50] - 回答:公司表示电商跨境业务已经基本恢复到疫情前的水平,占比从三分之一提升到40%,增长势头良好;而跨境旅游业务恢复较慢,尤其是在亚太地区,公司将继续密切关注其发展 [51][52][53] 激励计划 - 提问:公司激励计划占毛利的比重近期有所上升,未来会如何变化 [54] - 回答:公司表示激励计划的占比并非其管理业务的关键指标,而是更关注如何与客户合作,共同推动业务增长和净收入增长,激励计划的占比会随之自然下降 [55]

Visa Inc. (V) is working to significantly expand digital payment usage and financial inclusion in Pakistan. It intends to bolster the number of businesses that accept digital payments by 10 times over the next three years, per Reuters.To support this ambitious goal, Visa partnered with 1Link, a major payment service provider in the country. This partnership is expected to improve the ease of digital transactions, including remittances, and broaden acceptance options for smaller merchants across the country. ...

The payment-processing giant still has a bright future.Visa's (V -0.10%) stock has risen 24% during the past three years as the S&P 500 advanced 19%. If we include reinvested dividends, the payment-processing giant generated a total return of 27% compared to the S&P 500's total return of 25%.Visa stayed ahead of the market even as it grappled with inflation, slower consumer spending, and pressure from merchants to lower its swipe fees. But can this financial juggernaut continue to outperform the market duri ...

Visa Inc. (V) , a leading player in the payments industry, continues to exhibit strong fundamentals that suggest potential for long-term growth, driven by its expanding network. The company has seen its shares rise 8.6% in the past month, outpacing the industry’s 8.1% growth. The company’s unmatched scale and operational prowess have also helped it outperform the S&P 500’s return of 5.9%.Moreover, the stock is trading above its 50-day and 200-day moving averages, indicating solid upward momentum. Visa's rel ...

Visa cards are seen in this illustration photo taken in Krakow, Poland on March 29, 2024. (Photo by ... [+] Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesIf you are a Visa investor and have benefited from the stock’s steady rise over the last several years, it may be time to look elsewhere. As of this moment, we find Western Midstream Partners - an energy company focused on gathering, processing, and transporting natural gas, crude oil, and other hydrocarbons - and Encompass Health - a h ...

In this articleVNurphoto | Nurphoto | Getty ImagesVisa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.Visa, which alongside Mastercard is one of the world's largest card networks, said Thursday it plans to launch a dedicated service for account-to-account (A2A) payments in Europe next year.Users will be able set up direct debits — transactions that take funds directly from your bank account — on merchants' e-commerce stores with ...

Visa is working with firms like Paytm and PayU to promote digital payments usage in India.The company unveiled the products and solutions at the center of these partnerships during the Global Fintech Fest 2024, Visa said in a Saturday (Aug. 31) news release.“These advancements, developed in collaboration with a range of partners, are set to drive digital payment adoption across India by streamlining payment processes and enhancing transaction security and customer experience,” the release said.Among the col ...