Visa Inc. is a U.S multinational financial services company, providing payment operation services. It enables electronic transfers of funds around the globe, mainly through the Visa-branded credit and debit cards. Visa plays a major role in the development of pioneer payment products and technologies, used by financial institutions and card holders around the world. It operates across the Americas, Europe, Africa, Middle East, Australia, Oceania and the Asia-Pacific region.
The company does not issue cards, determine rates and fees or extend credit for consumers. It rather offers financial institutions with Visa-branded payment products, utilised to provide credit, debit, prepaid and cash-access programmes to their clients. Visa, also, regulates the relations arising between buyers, sellers and the issuing banks when making electronic payments. As of 2012, they were more than 2,011 billion Visa cards in operation, accepted by more than 20 million financial institutions worldwide.
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Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63.37% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.