Form 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): September 14, 2009

 

 

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 7.01 Regulation FD Disclosure.

In anticipation of investor discussions around payments volume and processed transactions at upcoming investor meetings and the Barclay’s Global Financial Services Conference on Wednesday, September 16, 2009, Visa is providing selected data for July and August 2009.

In August, U.S. aggregate payments volume growth was negative 1% versus the prior year period. This represents an improvement over the July period end of negative 2%. Further broken down, U.S. credit payments volume growth was negative 10% and debit payments volume growth was positive 7%. Compared to the July period end, U.S. credit payments volume was down slightly from negative 9%, while debit payments volume improved from positive 4%.

August cross border payments volume on a constant dollar basis was negative 7% over the prior year period and down slightly compared to the July period end of negative 6%.

August processed transactions grew positive 9% globally. This was an improvement over the July period end of positive 8%.

The information in this Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

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: September 14, 2009    
  By:  

/s/    Joseph W. Saunders

    Joseph W. Saunders
    Chief Executive Officer and Chairman of the Board of Directors