VisaV

Visa (V) is the world's largest payment-card network by transaction volume, alongside Mastercard. Like Mastercard, it does not issue cards or extend credit — banks do — and earns transaction fees from processing card payments across its network. Asset-light, high-margin, recurring-revenue business. Listed on NYSE. Closely tied to global consumer spending, cross-border travel and the secular cash-to-card shift. Defensive growth profile — but faces ongoing regulatory pressure on interchange fees and growing competition from real-time payment rails (UPI in India, FedNow in the US, instant SEPA in Europe). Diversify.