Visa Inc. is one of the dominant digital payments brands globally, providing services in more than 200 countries and territories to individual consumers, merchants, financial institutions, and governments.

1. Visa Inc. is one of the dominant digital payments brands globally, providing services in more than 200 countries and territories to individual consumers, merchants, financial institutions, and governments. 
2. Visa reported a net income of $3.1 billion on $5.7 billion of net revenue in Q1 of its 2021 fiscal year, which ended December 31, 2020. 

1. Selling Services

Visa makes its profits by selling services as a middleman between financial institutions and merchants. 

2. Data Processing Revenue
   1. Visa's data processing revenue includes all revenue generated as a result of the company's clearing, settlement, authorization, value-added, network access, and other similar services.
   2. It generated around 40% of total revenue.

3. Service Revenue
   1. These are services provided in support of client usage of Visa products. The charges are recognized as a function of the payment volume generated by the client. 
   2. It generated around 35% of total revenue.

4. International Transaction Revenues
   1. Visa is heavily involved in cross-border transaction processing and currency conversion, and these activities generate revenue in the subsegment of international transaction revenue.
   2. It generated around 19% of total revenue.

5. Other Revenues
   1. Visa also earns revenue from license fees, value-added services, account holder services, and more.
   2. It generated around 5% of total revenue.