Visa is a global payments technology company that facilitates secure and efficient financial transactions through its extensive network of cardholders, merchants, and financial institutions. Discover the social impact initiatives that Visa has been actively developing. This page highlights key insights into their community-focused projects and sustainable development efforts.

Resources from Visa

The report on Minority Depository Institutions (MDIs) highlights their critical role in supporting low-income homeowners and underserved communities. MDIs are more likely to serve minority and low-to-moderate-income customers, providing essential financial services often unavailable from non-MDIs. The study reveals that MDI customers, particularly Black and Hispanic Americans, have a 3.1% higher homeownership rate than those served by non-MDIs. However, the report also notes a decline in MDIs, with a 15% reduction in MDI banks and a 36% decrease in MDI credit unions over the past decade, underscoring the challenges these institutions face in continuing their impactful work.
Minority Depository Institutions
MDIs
Low-Income Homeownership
Financial Inclusion
Wealth Building
Underserved Communities
Mortgage Access
Racial Equity
Community Banks
Credit Unions.
The report "An Ecosystem Approach to Sustainable Tourism" stresses the importance of holistic strategies to tackle the environmental and social challenges linked to tourism. It advocates for policy frameworks and tools that governments and businesses can use to foster sustainable practices. The focus is on reducing greenhouse gas emissions, managing over-tourism, and supporting local communities, especially as international tourism is expected to return to pre-pandemic levels by 2024. The report also highlights that 29% of surveyed travelers are actively reducing their carbon footprint, and it underscores the importance of emerging green claims regulations to combat greenwashing in the industry.
Sustainable Tourism
Ecosystem Approach
Over-tourism
Greenhouse Gas Emissions
Green Claims
Policy Frameworks
Environmental Impact
Climate Change
Tourism Management
Community Support.
The "MDI Cardholders vs. Non-MDI Cardholders" report by the Visa Economic Empowerment Institute examines homeownership disparities among Black Americans, revealing that those who use Minority Depository Institutions (MDIs) are more likely to own homes, particularly at lower income levels. The study highlights that MDI cardholders with an income under $35,000 have a 49.9% homeownership rate, compared to 45.7% for non-MDI cardholders, showcasing the positive impact of MDIs in fostering homeownership among low-income Black Americans.
MDI Cardholders
Homeownership
Black Americans
Financial Inclusion
Visa Economic Empowerment Institute
MDI Impact
Minority Depository Institutions
Housing Disparities
Wealth Building
Economic Equity.
The "Insights from Uzbekistan: Unlocking the Benefits of Digital Payments" report by Visa highlights the rapid adoption of digital payments in Uzbekistan, spurred by government initiatives and technological advancements. The report emphasizes the significant benefits for individuals and small businesses, noting that 57% of small business owners and 48% of individuals have adopted digital payments within the last two years. This shift has led to 65% of small businesses reporting a 30-40% increase in revenue, and 69% experiencing a rise in customer numbers, demonstrating the positive impact of digital payments on business growth and efficiency.
Digital Payments
Uzbekistan
Financial Inclusion
Small Businesses
Revenue Growth
Convenience
Payment Systems
Government Initiatives
Financial Services
Visa.
The "Visa 2023 Corporate Responsibility & Sustainability Report" details Visa's commitment to sustainable practices, focusing on empowerment, security, and environmental stewardship. The report highlights the digital enablement of 67 million small and micro businesses, the prevention of $40 billion in fraud-related losses, a 24% reduction in Scope 1 and 2 greenhouse gas emissions since FY20, and the achievement of 100% renewable electricity use.
Visa
Corporate Responsibility
Sustainability
SMB Empowerment
Fraud Prevention
Renewable Energy
Greenhouse Gas Emissions
Environmental Impact
Financial Inclusion
Digital Payments.