Visa 2013 Annual Report Download - page 47

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United States International Visa Inc.
12 months
ended
June 30,
2012 (2)
12 months
ended
June 30,
2011 (2)
%
Change
12 months
ended
June 30,
2012 (2)
12 months
ended
June 30,
2011 (2)
%
Change
12 months
ended
June 30,
2012 (2)
12 months
ended
June 30,
2011 (2)
%
Change
(in billions, except percentages)
Nominal Payments
Volume
Consumer credit .............. $ 710 $ 641 11% $1,375 $1,191 15% $2,085 $1,832 14%
Consumer debit(3) ............. 1,045 1,038 1% 329 265 25% 1,375 1,303 6%
Commercial and other(3) ........ 311 282 10% 130 116 12% 440 398 11%
Total Nominal
Payments Volume ............ $2,066 $1,962 5% $1,834 $1,571 17% $3,900 $3,533 10%
Cash volume ................. 437 402 9% 1,920 1,704 13% 2,357 2,106 12%
Total Nominal
Volume(4) .................... $2,503 $2,363 6% $3,754 $3,276 15% $6,257 $5,639 11%
(1) Figures in the table may not recalculate exactly due to rounding. Percentage changes are calculated
based on whole numbers, not the rounded numbers presented.
(2) Service revenues in a given quarter are assessed based on payments volume in the prior quarter.
Therefore, service revenues reported for the twelve months ended September 30, 2013, 2012 and
2011, were based on payments volume reported by our financial institution clients for the twelve
months ended June 30, 2013, 2012 and 2011, respectively.
(3) Includes prepaid volume.
(4) Total nominal volume is the sum of total nominal payments volume and cash volume. Total nominal
payments volume is the total monetary value of transactions for goods and services that are
purchased on Visa-branded cards and payment products. Cash volume generally consists of cash
access transactions, balance access transactions, balance transfers and convenience checks. Total
nominal volume is provided by our financial institution clients, subject to review by Visa. From time
to time, previously submitted volume information may be updated. Prior period updates are not
material.
The table below provides the number of transactions processed by our VisaNet system, and
billable transactions processed by CyberSource’s network during the fiscal periods presented.(1)
2013 2012 2011
2013 vs. 2012
% Change (1)
2012 vs. 2011
% Change (1)
(in millions, except percentages)
Visa processed transactions(2) ...... 58,472 53,324 50,922 10% 5%
CyberSource billable
transactions(3) .................... 6,533 5,182 4,137 26% 25%
(1) Figures in the table may not recalculate exactly due to rounding. Percentage changes are calculated
based on whole numbers, not the rounded numbers presented.
(2) Represents transactions involving Visa, Visa Electron, Interlink and PLUS cards processed on
Visa’s networks.
(3) Transactions include, but are not limited to, authorization, settlement payment network connectivity,
fraud management, payment security management, tax services and delivery address verification.
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