What it does: Visa operates one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants.
Mission: The company's mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive.
Size and Presence: Visa is the world’s leader in digital payments. Its network connects consumers, merchants, financial institutions and governments in more than 200 countries and territories.
Best known for: Visa is best known for its credit and debit card products, as well as its global processing network, VisaNet.
The good bits: Visa is a great place to work if you’re interested in the payments industry or want to be at the forefront of technology. The company is always innovating and looking for ways to make payments more secure and convenient.
The not-so-good bits: Working at Visa can be very demanding and fast-paced.
Visa was founded in 1958 as the BankAmericard, the first mass-issued credit card in the United States. In 1976, the company changed its name to Visa. Visa went public in 2007 and is now listed on the New York Stock Exchange under the ticker symbol “V”.
Visa’s innovations enable its customers to use digital currency instead of cash and checks, making it easier, faster and more secure for everyone. The company is constantly innovating to make payments more convenient, safe and seamless. In 2019, Visa launched a new brand platform, “Everywhere You Want to Be”, to better reflect the company’s focus on enabling digital commerce around the world. Today, Visa is the world’s leader in digital payments and one of the most recognized brands.
The culture at Visa is fast-paced and dynamic. The company is always innovating and looking for ways to make payments more convenient, safe and seamless. The company has a strong focus on diversity and inclusion, with programs and initiatives to support employees from all backgrounds. The vibe at Visa is professional and energetic.
For campus placements, there is one written round and 3 personal interview rounds. The written tests cover almost every aspect of computer science – Programming, CO, OS, DBMS, ML etc. In addition to just using it as a cutoff for the interview shortlist, they also do an extensive analysis of every candidate. Personal interview rounds cover questions on projects done during the internship, basic HR questions like “Why do you want to join Visa”, core CS questions from the written round and domain-specific questions (If you have worked in that domain during your internship).
Visa offers a variety of roles in the payments industry, from technology and product development to sales and marketing. The company is constantly innovating and looking for ways to make payments more convenient, safe and seamless. The company has a strong focus on career development, with programs and initiatives to support employees as they progress in their careers.
The average salary for a fresher/graduate depending on the job position ranges from INR 2 Lakhs - INR 6 Lakhs annually.
Visa is committed to being a responsible corporate citizen and supporting the communities in which it operates. The company has a global social responsibility program, “Everywhere You Want to Be: Building Better Futures”, focusing on financial inclusion, environmental sustainability and human trafficking prevention.
In 2019, the company launched a new global social responsibility platform, “Everywhere You Want to Be: Creating Positive Change”, which builds on the company’s commitment to these three areas and adds a fourth focus area of supporting refugees and displaced populations.
Visa is also a signatory of the United Nations Global Compact, the world’s largest corporate citizenship initiative. The company has been recognized for its social responsibility efforts, including being named one of the World’s Most Ethical Companies by the Ethisphere Institute for 10 consecutive years.
In 2019, Visa was embroiled in a controversy when it was revealed that the company had been overcharging customers with currency conversion fees for years. The company agreed to refund $336 million to customers who had been affected by the fees.