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Visa Inc. (V) Q2 2023 Earnings Call Transcript

Apr. 25, 2023 8:41 PM ETVisa Inc. (V)4 Comments
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Visa Inc. (NYSE:V) Q2 2023 Earnings Conference Call April 25, 2023 5:00 PM ET

Company Participants

Jennifer Como - SVP and Global Head, IR

Ryan McInerney - CEO

Vasant Prabhu - Vice Chair and CFO

Conference Call Participants

Timothy Chiodo - Credit Suisse

Tien-Tsin Huang - JPMorgan

Will Nance - Goldman Sachs

Trevor Williams - Jefferies

Bob Napoli - William Blair

Sanjay Sakhrani - KBW

Jason Kupferberg - Bank of America

Lisa Ellis - MoffettNathanson

Rayna Kumar - UBS

Dave Koning - Baird

Darrin Peller - Wolfe Research


Welcome to Visa's Fiscal Second Quarter 2023 Earnings Conference Call. [Operator Instructions] Today's conference is being recorded. If you have any objections, you may disconnect at this time.

I would now like to turn the conference over to your host, Ms. Jennifer Como, Senior Vice President and Global Head of Investor Relations. Ms. Como, you may begin.

Jennifer Como

Thanks, Jordin. Good afternoon, everyone, and welcome to Visa's fiscal second quarter 2023 earnings call. Joining us today are Ryan McInerney, Visa's Chief Executive Officer; and Vasant Prabhu, Visa's Vice Chair and Chief Financial Officer.

This call is being webcast on the Investor Relations section of our website at investor.visa.com. A replay will be archived on our site for 30 days. A slide deck containing financial and statistical highlights has been posted on our IR website.

Let me also remind you that this presentation includes forward-looking statements. These statements are not guarantees of future performance and our actual results could differ materially as a result of many factors. Additional information concerning those factors is available in our most recent annual report on Form 10-K and any subsequent reports on Forms 10-Q and 8-K, which you can find on the SEC's website and the Investor Relations section of our website.

For non-GAAP financial

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Comments (4)

ChuckXX profile picture
I want to give a big "THANK YOU" to Seeking Alpha for bringing us this transcript. I found it extremely interesting. Visa certainly has done a great job regarding signing up new customers as well as renewals. I don't know exactly how to take the FED NOW thing. Yes, I read Ryan's response to Lisa's question but not sure if any of us know exactly how thats going to play out over time. Anytime the government gets involved in anything I always have "pause".
ggman profile picture
Quote: Also in Brazil, WhatsApp had already launched peer-to-peer service to facilitate money transfer using Visa Direct, and recently they announced they will be offering payments from consumers to small businesses as well. And more and more, we see clients work with Visa on multiple levels, across consumer payments, new flows, and value-added services.
good times!
doobiedoo profile picture
Thank you to Lisa Ellis for asking about FedNow.
And a nice response from Ryan McInernay.
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