Visa (V) Stock Price Drivers

1234 S678 1012 345E 1234 VAND DATES 12/13-12/15 VISA CARDHOLDER NAME Stock Price Drivers Extensive Worldwide Network Visa's geographic reach is surpassed by only a few global conglomerates. Its revenues are directly linked to the level of spending (mostly retail sales) in the economies in which it operates. The penetration of Visa's brands - which include Interlink, Visa Debit and Visa Credit – among financial institutions is the highest; almost twice that of its closest competitor, MasterCard. Visa's Card Spending Volume Growth, YoY - Visa Credit Visa Debit 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% BANK 0.0% -5.0% -10.0% FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 While credit card payment volumes took a massive hit during the financial crisis and experienced negative growth, debit card payment volumes were more resilient due to the fact that a lot of people resorted to cancelling their credit cards during the period of tightening credit policies and shifted towards debit and prepaid cards. Debit cards payment volume are generally considered to be more resilient against a recession. SOURCES: Company Data, SEC filings, Bloomberg Professional Services BIDNESS Etc. DISCLAIMER: Bidness Etc(TM) and related marks are owned by Bidness Etc. Any other trademarks appearing on this website are the property of their respective owners, and are not used to indicate the origin of goods or services offered or provided by Bidness Etc herein or to suggest approval for or affiliation with Bidness Etc.