News

Visa sets world record for global payment processing volume

February 24, 2002

Visa International announced that it has set a world record in financial services by processing more than 110 million payment transactions in a single day on VisaNet, the Visa global payment processing network.

Visa processed 110,086,395 transactions worldwide on Dec. 14, an increase of nearly 25% over the previous year's 88 million transactions and marking the start of what could be the busiest "peak season" ever for Visa worldwide.

On average, Visa processes about 50 million payment transactions daily. Peak season for Visa is usually between Nov. 19 and Jan. 4, with the highest transaction volumes occurring between the U.S. Thanksgiving holiday and Christmas.

Visa is accepted at more than 15 million worldwide locations, including at over 450,000 ATMs in the Visa Global ATM Network.