Visa xStock

Visa (V), the largest card payment network in the world, earning a fee on every transaction that runs across its network plus charges for cross-border payments and data processing. Banks issue the cards and carry the credit risk, while Visa moves only the authorisation and the settlement between the shopper's bank and the merchant's, which is why its margins are higher than a lender's. Vx is a tokenised tracker certificate from Backed Assets (JE) Limited, following the V share price on-chain.