EXHIBIT 99.1
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Visa Inc. Reports Strong Fiscal Second Quarter 2017 Results and Announces New $5.0 Billion Share Repurchase Program
San Francisco, CA, April 20, 2017 - Visa Inc. (NYSE: V) today announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017

Fiscal Second Quarter 2017 Key Highlights:
GAAP net income of $430 million or $0.18 per share including special items related to the legal entity reorganization of Visa Europe
Adjusted net income of $2.1 billion or $0.86 per share excluding special items related to the legal entity reorganization of Visa Europe
Net operating revenue of $4.5 billion, an increase of 23%, driven by inclusion of Europe and continued growth in payments volume, cross-border volume and processed transactions
Payments volume growth, on a constant dollar basis, was 37% over the prior year at $1.7 trillion
Cross-border volume growth, on a constant dollar basis, was 132% or 11% inclusive of Europe in prior year results
Total Visa processed transactions were 26.3 billion, a 42% increase over the prior year, or 12% growth inclusive of Europe in prior year results
Newly-formed Visa Foundation funded with contribution of $192 million
Returned approximately $2.1 billion of capital to shareholders in the form of share repurchases and dividends
Board authorized a new $5.0 billion class A common stock share repurchase program

“In the face of geo-political uncertainty, Visa continues to execute well against our operating plan and strategic priorities, delivering sustained growth across nearly every part of our business,” said Alfred F. Kelly, Jr., Chief Executive Officer of Visa Inc. "Robust growth in payments volume, cross-border volume and processed transactions drove better than expected results. Looking ahead, we are continuing our efforts across the globe to electronify commerce and digitize economies to the benefit of consumers and societies alike.”




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The following information was filed by Visa Inc. (V) on Thursday, April 20, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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