8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 11, 2011

VISA INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware	001-33977	26-0267673
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

P.O. Box 8999 San Francisco, California	94128-8999
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s Telephone Number, Including Area Code: (415) 932-2100

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On May 11, 2011, Visa Inc. a global leader in electronic payments, announced the next generation of payments solutions that will replicate the ease, reliability and security of Visa point-of-sale payments within traditional and digital eCommerce, mobile commerce and burgeoning social networking commerce environments. New offerings are expected to include a secure cross-channel digital wallet and a range of customized mobile payment services that address the specific requirements of geographic markets around the world.

A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. All information in the press release is furnished but not filed.

On May 11, 2011 Visa will host a conference call to discuss its new product offering.

A copy of the presentation to be used during the conference call is attached hereto as Exhibit 99.2. All information in the presentation is furnished but not filed.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release issued by Visa Inc., May 11, 2011

99.2 Visa Inc. Presentation, May 11, 2011

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	VISA INC.
Date: May 11, 2011
	By:	/s/ Joseph W. Saunders
		Joseph W. Saunders
		Chief Executive Officer and Chairman of the Board of Directors

EXHIBIT INDEX

Exhibit Number	Description
99.1	Press Release issued by Visa Inc., May 11, 2011
99.2	Visa Inc. Presentation, May 11, 2011

EX-99.1

Exhibit 99.1

Visa Unveils Next Generation

Electronic Payments and Services

North American Launch of New Digital Wallet with “Click-to-Buy” Functionality

Scheduled for Fall 2011

SAN FRANCISCO, May 11, 2011 – Visa Inc. (NYSE: V), a global leader in electronic payments, today announced the next generation of payments solutions that will replicate the ease, reliability and security of Visa point-of-sale payments within traditional and digital eCommerce, mobile commerce and burgeoning social networking commerce environments. New offerings are expected to include a secure cross-channel digital wallet and a range of customized mobile payments services that address the specific requirements of geographic markets around the world.

“Our new solutions deliver greater consumer choice, convenience and control while helping our clients grow their businesses. By helping to reduce abandoned online shopping carts and bringing new account holders into the Visa network, we create a win-win-win for merchants, consumers and financial institutions,” noted Joseph W. Saunders, Chairman and Chief Executive Officer of Visa Inc. “In addition, we believe Visa’s new payments products and services will help expand financial inclusion to the billions of mobile subscribers today who currently lack access to traditional financial services.”

Simplifying Commerce in Complex Economies

In certain countries with established electronic payments infrastructures, expansive Internet usage and broad mobile network penetration, Visa will be introducing a digital wallet and services platform. The digital wallet will store Visa and non-Visa payments accounts, support NFC payments through the innovative Visa payWave application and deliver a wide range of transaction services to accommodate multiple commerce scenarios—including eCommerce, mobile commerce, micropayments, social networks and person-to-person payments.

Visa is working with leading payments card issuers, community banks, credit unions, acquirers, payments processors and merchants to launch the digital wallet. Among the financial institutions and organizations supporting Visa’s wallet strategy are:

— Barclaycard US

— BB&T Corporation

— Card Services for Credit Unions (CSCU)

— ICBA Bancard

— First Financial Bank of Ohio

— Nordstrom FSB

— Pentagon Federal Credit Union

— PNC Bank

— PSCU Financial Services

— Regions Bank

— Royal Bank of Canada

— Scotiabank

— TD Bank Group (US and Canada)

— US Bank

Visa expects to launch the digital wallet in the U.S. and Canada in fall 2011.

Key features of the wallet are expected to include:

— Click-to-buy: Shop conveniently and securely by simply entering an email address, alias or online ID and password, instead of a billing address, account number and expiration date. In addition, Visa is exploring dynamic authentication technologies that will bring added layers of security to online purchases.

— Cross-channel payments solution: The wallet consolidates multiple Visa and non-Visa payments accounts and can be used in mobile, eCommerce, social network and retail point-of-sale environments.

— Preference management: A menu that enables consumers to set preferences for how their wallet will work, allowing them to customize and control the features of their personal wallet from privacy settings to designating which account will be accessed based on merchant type or purchase amount.

— Merchant offers: A service that allows consumers to personalize their shopping experience by opting-in to receive money-saving discounts or promotions from participating merchants.

“The widespread adoption of Internet and mobile technology is changing the way people connect and transact across the globe, so we’re focused on delivering locally-tailored payments products and services,” said Saunders. “We are introducing new solutions for eCommerce and mobile devices that provide the same ‘Visa-quality’ experience—convenience, reliability and security—people enjoy when using their Visa cards at a retail location. In doing so, we are accelerating the global shift to digital payments by harnessing our brand, products, network and 50-plus years of payments experience.”

Mobilizing Payments in Emerging Economies

In certain emerging geographic markets with significant mobile penetration, Visa will work with financial institutions and mobile-network operators to provide consumers with a secure, reliable and globally accepted form of payment and the ability to transfer and receive funds, manage financial accounts or top-up wireless air time using their mobile handset. The wide range of features and functions being developed for the digital wallet will allow Visa to pursue a number of strategies to tailor or bundle services to local needs.

— In countries like India and Russia, where card issuance and mobile subscriptions are high, but card usage is relatively low, Visa will help drive account activation and usage by working with financial institutions and mobile operators to link existing card portfolios with mobile devices to give handsets payments functionality.

— In countries within Africa and the Middle East where mobile device usage is high and traditional electronic payments infrastructure is less developed, Visa will work with mobile network operators to link new virtual mobile prepaid Visa accounts to mobile phone numbers to enable cash-in, cash-out, personal payments and mobile payments —including bill payments and wireless airtime top-up. Visa also intends to connect existing “closed loop” mobile money services that today provide basic mobile banking and payments services to unbanked and under-banked consumers to its global, open loop network—VisaNet. The integration will open closed loop systems, and provide consumers and merchants with unprecedented scale, functionality and acceptance beyond their existing local geographic footprints.

Across all emerging geographic markets, Visa’s sophisticated payments technology and significant work in establishing global payments standards will aid in navigating the complexity of the myriad of network operators, handset models and operating systems in use globally, helping to enable millions of new and existing Visa account holders to simply use mobile technology for payments services.

Innovation, Acquisitions and Partnerships Expand Capabilities of Visa Network

Visa is developing its next generation services by integrating VisaNet, its global processing network, leading credit, debit, prepaid and commercial product platforms, new capabilities it has acquired through its subsidiaries CyberSource, Authorize.net and PlaySpan, and the unique expertise and services of key commercial partners. In deploying flexible solutions that are locally relevant and globally interoperable, Visa aims to attract more participants to its network and better enable them to connect and transact.

“Our build, buy and partner approach puts Visa in a unique position to deliver the speed-to-market and scalable solutions needed to stay ahead of new demands created by the convergence of Internet, mobile and electronic payments technologies,” said Saunders. “Visa and our subsidiaries are working with financial institutions, merchants, mobile network operators, and innovative technology providers to bring new ways to pay and be paid to more consumers and merchants around the globe.”

Management Webcast

Visa’s management team will host a live audio webcast beginning at 11:00 a.m. Eastern time (8:00 a.m. Pacific time) today. The dial-in information for the call is 888-790-4410 (within the United States) or 773-756-0127 (international). The conference passcode is 092075. A replay of the call will be available until May 26 and can be accessed by dialing 866-501-8774 (within the United States) or 203-369-1854 (international). The live call and replay, along with supporting materials, can also be accessed through the Investor Relations section of Visa’s website at www.investor.visa.com.

###

About Visa

Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Underpinning digital currency is one of the world’s most advanced processing networks—VisaNet—that is capable of handling more than 20,000 transaction messages a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit www.corporate.visa.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by the terms “will,” “expected,” “intends,” “aims,” “accelerate,” expand,” and similar references to the future. Examples of such forward-looking statements include, but are not limited to, the timing, impact, content, reliability, acceptance, implementation and overall success of the new digital wallet and mobile payment, the offerings. By their nature, forward-looking statements: (i) speak only as of the date they are made, (ii) are neither statements of historical fact nor guarantees of future performance and (iii) are subject to risks, uncertainties, assumptions and changes in circumstances that are difficult to predict or quantify. Therefore, actual results could differ

materially and adversely from those forward-looking statements because of a variety of factors, including:

o the impact of new laws, regulations and marketplace barriers, particularly those affecting, eCommerce, mobile payments, consumer privacy, and data use and security;

o macroeconomic factors, such as global economic, political, health environmental conditions;

o a decline in the growth of e-Commerce and mobile payments activity;

o inability to keep pace with the innovations of competitors in the eCommerce and mobile payments areas;

o industry and systemic developments, such as:

• competitive pressure on pricing;

• bank and merchant consolidation and their increased focus on costs;

• adverse changes in our relationships and reputation;

• disruption of our systems or the inability to process transactions efficiently;

• account data breaches and increased fraudulent and other illegal activity involving our systems; and

• issues arising at Visa Europe, including failure to maintain interoperability between our systems;

and the other factors discussed under the heading “Risk Factors” in our most recent Annual Report on Form 10-K on file with the U.S. Securities and Exchange Commission. You should not place undue reliance on such statements. Unless required to do so by law, we do not intend to update or revise any forward-looking statement because of new information or future developments or otherwise.

Media Contact

Ryan Donovan

Visa Inc.

Phone: +1-415-932-2564

Email: globalmedia@visa.com

###

EX-99.2

Visa’s Global Innovation Strategy

May 11, 2011

Exhibit 99.2

Visa Public

2

Disclaimer

Forward-Looking Statements

This presentation contains forward-looking statements within the meaning of the U.S. Private Securities

Litigation Reform Act of 1995. These statements can be identified by the terms “will,” “expected,” “intends,”

“aims,” “accelerate,” expand,” and similar references to the future. Examples of such forward-looking statements

include, but are not limited to, the timing, impact, content, reliability, acceptance, implementation and overall

success of the new digital wallet and mobile payment, the offerings. By their nature, forward-looking statements:

(i) speak only as of the date they are made, (ii) are neither statements of historical fact nor guarantees of future

performance and (iii) are subject to risks, uncertainties, assumptions and changes in circumstances that are

difficult to predict or quantify. Therefore, actual results could differ materially and adversely from those forward-

looking statements because of a variety of factors, including:

•

the impact of new laws, regulations and marketplace barriers, particularly those affecting, eCommerce, mobile

payments, consumer privacy, and data use and security;

•

macroeconomic factors, such as  global economic, political, health environmental conditions;

•

a decline in the growth of e-Commerce and mobile payments activity;

•

inability to keep pace with the innovations of competitors in the eCommerce and mobile payments areas;

•

industry and systemic developments, such as:

–

competitive pressure on pricing;

–

bank and merchant consolidation and their increased focus on costs;

–

adverse changes in our relationships and reputation;

–

disruption of our systems or the inability to process transactions efficiently;

–

account data breaches and increased fraudulent and other illegal activity involving our systems; and

–

issues arising at Visa Europe, including failure to maintain interoperability between our systems;

and the other factors discussed under the heading "Risk Factors" in our most recent Annual Report on Form 

10-K on file with the U.S. Securities and Exchange Commission. You should not place undue reliance on such

statements. Unless required to do so by law, we do not intend to update or revise any forward-looking statement

because of new information or future developments or otherwise.

Visa core strategy ensures investments and initiatives

remain disciplined and focused on:

Innovation at Visa 

Increasing the number

of participants in

Visa’s network

Growing the number

of interactions

between participants

Enhancing the value

of each interaction for

all stakeholders

Visa Public

3

Consumers at the Center of Payments

Local

Local

Mobile

Mobile

Social

Social

Consumers engage (community), research (content), and

purchase (commerce) wherever, whenever and

however they choose

•

Transact where they

connect and connect

where they transact

•

Demand simple and

safe ways to pay

•

Increasingly willing

to transact with

alternative payments

Visa Public

4

eCommerce and Mobile Solutions

Drive Visa Growth  

Protect and grow core as

convergence occurs

Deliver merchant value that

makes Visa transactions

more valuable than others

Provide new value-add

services and revenue

streams

Visa Public

5

VisaNet at the core…

Payments are complex, VisaNet delivers:

Visa Public

6

…but new technology

increases complexity

Expands Visa’s

growth in the digital

commerce category

and provides Visa

with digital wallet

functionality

Accelerates Visa

mobile payments

through financial

institutions

globally

Transforms a smartphone into

a Visa payments device

Expands Visa’s growth 

in the eCommerce category

7

Visa Public

Visa Capability Evolution: 2010

8

Visa Public

Developers

Developers

Merchant

Merchant

Checkout

Flow

Gateway

Acquirer

Processor

Network

Issuer

Processor

Issuer

Consumer

Consumer

KEY

Built

Acquired

Partnered

VisaNet

DPS / VPS

Square           

(Acceptance)

Checkout

Flow

Gateway

Acquirer

Processor

Network

Issuer

Processor

Issuer

Developers

Developers

Merchant

Merchant

Consumer

Consumer

Rightcliq

Payclick

RTM

CyberSource

/ Authorize.net

Visa Capability Evolution: 2011

Value Added Reseller Program

Monitise

(Distribution )

PlaySpan

Merchant Direct

Visa Mobile Application

(Offers and Location-

Based Services)

Visa Alerts and Notifications

Real-Time Offers and

Promotions

Authorize.Net Developer

Enhancements

KEY

Built

Acquired

Partnered

VisaNet

DPS / VPS

Visa Developer Center

Cash Edge

Fiserv

Personal Payments

(Original Credit Transaction)

MoneyGram

Device Fidelity

(Contactless

Payments)

PlaySpan

Visa Public

9

Visa Public

10

Platform Vision

Ubiquitous merchant

acceptance and

click-to-buy payments

Cross-channel

consumer payments

solution

(digital wallet)

*  Placeholder name

An easier,

secure way

to pay

A better

way to

accept

Next

generation

of

payments

solutions

that

replicate

the

ease,

reliability and security of Visa point-of-sale payments

Visa Public

11

An easier, secure way to pay

Provide world-class payment products that make it easier for

consumers to purchase goods and services

Cross-channel consumer payments solution (digital wallet)

•

Shop anywhere using

any payment method

•

Simple, convenient and

secure checkout

•

Manage personal preferences

•

Receive transaction alerts

and notifications

•

Receive relevant, real-time

offers

*  Placeholder name

A better way to accept

Ubiquitous merchant acceptance and single click payments

•

Acquire new customers

with trusted acceptance

mark by Visa

•

Rapid, straightforward

program on-boarding

•

Reduce cost of acceptance

(PCI-DSS)

•

Reduction in fraud using

advanced authentication

techniques

•

Accept multiple payment

types catering to local

market preferences / needs

•

Increase cart conversion

across all channels,

optimizing for mobile

•

Improve business efficiency

through advanced analytics

and fraud detection

•

Help increase sales through

targeted offers and

discounts

*  Placeholder name

Visa Public

12

Enable

merchants

to

accept

payments,

optimize

checkout,

and

grow

their

businesses

with

industry-leading

payments

solutions.

Visa Public

13

eCommerce

eCommerce

Mobile

Mobile

Cross -

Channel Click to Buy

*  Placeholder name

Visa Public

14

Transforming the POS in developed

markets and…

•

Visa payWave transforms mobile

smart phones into payment devices

with Device Fidelity

•

Historic Milestone:

Visa payWave-enabled smart phones 

now listed as Visa compliant product

•

Several BlackBerry, iPhone and

Samsung models approved

Visa Public

15

…

emerging markets as well

With Visa’s simple wallet, I can:

•

Top up

•

Bill pay

•

Person-to-person payments

*  Placeholder name

•

Cash-in/

Cash-out

•

Top-up

•

P2P

Closed Loop Virtual Mobile Prepaid

Issuer

MNO Distribution

•

Cash-in/

Cash-out

•

Top-up

•

P2P

Payment System Evolution

Visa Public

16

Issuer

MNO Distribution

Visa Open Loop Virtual Mobile Prepaid

•

Cash-in/

Cash-out

•

Top-up

•

P2P

•

Bill Pay

•

mCommerce

•

Payroll/

Disbursements

•

International

Remittances

Payment System Evolution

17

Visa Public

Visa Public

18

Driving Visa’s Growth  

Protect and grow core as

convergence occurs

Deliver merchant value that

makes Visa transactions

more valuable than others

Provide new value-add

services and revenue

streams

Q&A