Dee Hock, founder and CEO of VISA Corporation, describes the rise and size of the company: “In 1968 the VISA community was no more than a set of beliefs and a vague concept. In 1970 it was born. Today, twenty-nine years later, its products are created by 22,000 owner-member financial institutions and accepted at 15 million merchant locations in more than 200 countries and territories. Three-quarters of a bllion people use VISA products and make 14 billion transactions producing annual volume of $1.25 trillion - the single largest block of consumer purchasing power in the global economy. VISA has grown a minimum of 20 percent and as much as 50 percent compounded annually for three decades, thought the best and worst of times, with no end in sight.”
Peter Leithart
Peter J. Leithart is President of Theopolis Institute. He is the author of numerous books on theology, literature, and culture, including Theopolitan, Defending Constantine, and Baptized Body.
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