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Visa Inc. (V) Management Presents at 2020 Wolfe Research FinTech Forum Conference (Transcript)

Mar. 11, 2020 1:28 PM ETVisa Inc. (V)2 Comments
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Visa Inc. (NYSE:V) 2020 Wolfe Research FinTech Forum Conference March 11, 2020 12:00 AM ET

Company Participants

Ryan McInerney - President

Conference Call Participants

Darrin Peller - Wolfe Research


Good morning. And welcome to the Virtual Wolfe FinTech Forum Fireside Chat with Visa hosted by senior analyst covering payments, processors and IT services, Darrin Peller. All lines remain on listen only throughout the call [Operator Instructions].

And now I hand the call over to Darrin.

Darrin Peller

All right. Thanks Daniella. And thank you everyone for joining our Virtual Wolfe FinTech Forum. It’s the 10th year we're doing this conference. Didn't want to do it in virtual format but obviously just given all the travel restrictions and really for the safety of everyone that would have been here, we thought it was the right move. So hope everyone's doing well and safe. And really appreciate everyone joining us, really good participation yesterday, obviously, folks not just wanting to stare at their screens in this environment but actually get some good content.

With that in mind, we really want to thank Visa and Ryan, the President of the company for joining us today on a fireside chat. Really talk about the strategy of the company. So, Ryan, thank you for joining us. Appreciate having you guys here in this format, especially.

Ryan McInerney

Yes. Thanks for having me. And hopefully, you can hear me okay, looking forward to discussion. So thanks for having me.

Darrin Peller

Sure. Yes, we could hear you, great. All right. So let's just -- I think the obvious place to start just given the elephant in the room is the coronavirus and what you're seeing. Look, you guys pre-announced recently, I think you talked about 2.5% to 3.5% impact on your fiscal second quarter growth rate based on what you had seen thus far. Can you give us

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