V - People Think Visa Is the Largest Credit Card Company in the World. But Another One Makes Much Much More Revenue.
2024-02-01 06:47:00 ET
More people have a Visa (NYSE: V) credit card than any other credit card in the world. It powers 4.3 billion cards globally, a number equal to more than half the world's population.
It processed more than $15 trillion in payments over the trailing 12 months, and it works with more than 14,500 financial institutions worldwide.
You might think it's unbeatable, and in certain ways, it is. But there's another credit card company that makes almost double Visa's revenue, and you might be surprised to learn that it's American Express (NYSE: AXP) .
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People Think Visa Is the Largest Credit Card Company in the World. But Another One Makes Much, Much More Revenue.