Visa Inc. - CDR

Visa Inc. - CDR is a Canadian Depositary Receipt that provides exposure to Visa Inc., a global payments technology company, through securities denominated in Canadian dollars. The CDR represents an interest in Visa’s Class A common shares, allowing investors to participate in the company’s performance while trading on a Canadian marketplace and settling in Canadian currency. Visa Inc. operates one of the world’s largest electronic payment networks, facilitating digital payments and value transfer among consumers, merchants, financial institutions, businesses, and government entities. Its ecosystem supports credit, debit, and prepaid card programs, commercial payment solutions, and access to automated teller machines worldwide. Through the CDR structure, investors receive proportional economic exposure to Visa’s underlying business, including its transaction-driven revenue model and role in enabling global commerce and electronic payments infrastructure. This format can make high-profile global companies such as Visa more accessible to investors who primarily operate in Canadian dollars.