Veni, vidi, Visa: profits from payment processing

Visa, the payment network giant, is a highly profitable operator dominating the global market.

947_MW_P30_Companies

Apple Pay simply turns a phone into a Visa card

What could be better than making money every time someone walks into a shop and buys something? This is how it must feel owning shares in payment technology giant Visa (NYSE: V). By the time you've read this paragraph, it will have carried out 75,000 transactions for people and businesses all over the world using bank cards to pay for anything and everything.

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Investment columnist

Stephen Connolly is the managing director of consultancy Plain Money. He has worked in investment banking and asset management for over 30 years and writes on business and finance topics.