How Visa Makes Money? Understanding Visa Business Model

This post is about how Visa makes money. Firstly, we explain how Visa credit card payment processing works. Then, we explain the key elements of Visa business model. Then, we explain how Visa business model is different from that of American Express. Finally, we share the revenues, profits, and profit margins of Visa for the FY 2015 (fiscal year ending September 2015).