Visa has a total of 9843 patents globally, out of which 3827 have been granted. Of these 9843 patents, more than 59% patents are active. United States of America is where Visa has filed the maximum number of patents, followed by Australia and Europe, it has generated an annual revenue of $24.105 billion in the year 2021. Parallelly, USA seems to be the main focused R&D center and is also the origin country of Visa.
Visa was launched in the year 1958 by Bank of America. It is a multinational financial services firm headquartered in California, USA. It supports electronic funds transfers all around the world, with Visa-branded credit cards, debit cards, and prepaid cards being the most frequent methods. Visa is one of the most valuable companies in the world. As of March 2022, Visa has a market cap of $451.47 Billion.
Do read about some of the most popular patents of Visa which have been covered by us in this article and also you can find Visa’ patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Visa’ patent portfolio.
How many patents does the CEO of Visa have?
The CEO, Alfred F Kelly Jr, has 0 patents.
How many patents does Visa have?
Visa has a total of 9843 patents globally. These patents belong to 2638 unique patent families. Out of 9843 patents, 5894 patents are active.
How many Visa patents are Alive/Dead?
How Many Patents did Visa File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
|Year of Patents Filing or Grant||Visa Applications Filed||Visa Patents Granted|
How Many Patents did Visa File in Different Countries?
Countries in which Visa Filed Patents
|United States Of America||3351|
|Hong Kong (S.A.R.)||170|
|United Arab Emirates||2|
Where are Research Centres of Visa Patents Located?
10 Best Visa Patents
US20030120593A1 is the most popular patent in the Visa portfolio. It has received 885 citations so far from companies like IBM, Microsoft, and Nokia.
Below is the list of 10 most cited patents of Visa:
|Publication Number||Citation Count|
Which Companies are using Visa Patents to Advance their Research?
If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.
The top citing companies in the Visa patent portfolio are Mastercard, Paypal, and IBM.
List of the top forward citing Companies –
|Company||Number of Patents|
|Capital One Services||156|
|Advanced New Technologies||71|
Count of 102 and 103 Type Rejections based on Visa Patents
Top Visa Patents used in Rejecting Most Patent Applications
|Patent Number||Count of Rejected Applications|
Visa does not issue cards, grant credit, or set rates and fees for consumers; instead, it sells Visa-branded payment products to financial institutions, which they then use to offer credit, debit, prepaid, and cash access services to its clients.
The Internet of Things (IoT) revolution is transforming our world. The point of sale is no longer a location; it is now available wherever and whenever the buyer desires. Visa is assisting in this shift by supplying platform-level technology that allow partners to create and innovate. These fresh ideas will change the future of payments and help individuals live more frictionless lives.
Visa is teaming up with device makers to offer integrated payments for wearables that combine functionality and beauty. Wearable devices today are more convenient and useful than ever before. Because to tokenization technology, next-generation wearables, such as the Fitbit Ionic and Garmin vivóactive 3 smartwatches, allow individuals to enrich their on-the-go lives with easy and secure contactless Visa payments.
Payment technology will be embedded in a variety of clothing and accessories, allowing you to communicate, plan, and pay without ever having to take out your wallet or phone. Built-in batteries will be thin, flexible, and efficient, reducing or perhaps eliminating the need for charging. Clothing will be loaded with technology, making it practical and comfortable while decreasing the need for multiple screens.
EXCLUSIVE INSIGHTS COMING SOON!
What are Visa’s key innovation segments?