Visa (V) Shares Updates at Goldman Sachs Conference

Group 1 - Visa Inc. is recognized as one of the 10 Unrivaled Stocks for the next three years, as highlighted by its Chief Product and Strategy Officer at the Goldman Sachs Communacopia + Technology Conference [1] - In August, cross-border transactions increased by approximately 11%, excluding intra-Europe, indicating strong spending trends similar to July [2] - Visa's tap-to-pay technology has achieved a 78% penetration rate at physical points of sale, with a notable growth opportunity in the US market where penetration is at 63% [2] Group 2 - Visa Direct experienced a 25% increase in transaction volume in the latest quarter, marking it as a significant growth driver for the company [3] - The value-added services portfolio grew by 26% in the second quarter, showcasing the company's expanding service offerings [3] - Visa is actively integrating stablecoins into its payment network, with stablecoin settlement volume reaching a run rate of $1 billion [3] Group 3 - Looking forward, Visa aims to capture a larger share of the $23 trillion cash, check, and ACH payment market, emphasizing its growth strategy [4] - The company is focused on expanding tap-to-pay penetration, particularly in the US market, to enhance its competitive position [4] - Visa operates as a multinational digital payments company, facilitating electronic payments in over 200 countries and territories [4]