Visa to buy Plaid for $5.3B
The acquisition will enable Visa to work more closely with fintechs through all stages of their development and drive growth in Visa’s core business, Visa said.
Visa Inc. (Visa) is a payments technology company that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments. The Company operates through payment services segment. The Company enables global commerce through the transfer of value and information among the participants.
1. Visa — 323M Cardholders
Visa is a monolith in the credit card world, widely accepted by over 8 million merchants. From traditional benefits to premium rewards, Visa personal credit cards offer a wide range of benefits for cardholders around the world. Mobile cardholders can save themselves time and shop online using Visa Checkout.
2. MasterCard — 191M Cardholders
The second most major credit card network in the United States, MasterCard offers perks like easy bill pay and personal information protection using chip technology. MasterCard processes transactions in over 210 countries and in more than 150 currencies.