Visa Inc. — Ethics Grade C+

Visa Inc. receives an overall ethics grade of C+ (55/100) on CancelCo's corporate accountability database. Sector: Financial Services. Market cap: Mega Cap.

Category scores

• labor: 60
• privacy: 50
• consumer: 30
• environment: 65
• humanRights: 55

Documented incidents (2)

• Swipe fee monopoly (high, 2023) — DOJ sued Visa for monopolizing debit card market, illegally maintaining dominance to charge $7B+ in swipe fees annually.
• Merchant fee price fixing (high, 2022) — Merchants alleged Visa and Mastercard colluded to fix swipe fees, costing US businesses $30B+ annually.

Documented good deeds

• Financial inclusion programs — Committed to digitally enabling 50M small businesses and 1B people in underserved communities.