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| Visa IPO Launched |
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Visa Inc. unveiled its long awaited IPO Tuesday and when trading opened today (Wednesday), shares quickly rose to more than $65 before settling back to the $60 range by midday. The public offering went off at $44, raising nealry $18 billion for Visa -- the largest IPO is US history. The stock now trades on the NYSE under the symbol "V". While the immediate direct impact on the merchant acquiring industry is small, the influx of cash will help some issuing banks who are troubled by the current mortgage and debt crisis and may have a longer term effect on Visa's exposure to litigation over interchage and antitrust issues. |
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| Upcoming Events |
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Strategic Leadership &
Compliance Day November 5-6, 2008 Dallas, TX
2009 ETA Annual Las Vegas, NV |
| 2009 Annual Meeting |
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 2008 Annual Meeting Exhibitor Information is Here! If you're planning to join the leading companies in the payments business in the ETA Annual Meeting exhibiton hall next April, now is the time to reserve your space and make your plans. Everything you need is here . |
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