Visa Inc.

IMGCAP(1)]

IMGCAP(1)]

SAN FRANCISCO--(BUSINESS WIRE)--November 4, 2008--Visa Inc. (NYSE: V) and U.S. Bancorp (NYSE: USB) today announced a pilot program designed to test consumer preferences for an alternative electronic payment device, the Visa Micro Tag, the smallest Visa payWave-enabled device currently available. The U.S. Bank Visa Micro Tag easily attaches to a key ring and allows Micro Tag holders to simply wave and pay.

IMGCAP(1)]

IMGCAP(1)]

PARIS & SAN FRANCISCO--(BUSINESS WIRE)--November 4, 2008--Visa Inc. (NYSE:V) today announced it is working with the Los Angeles transit authority to allow train, subway and bus riders to speed through turnstiles and past fare boxes with a simple wave of their Visa payWave-enabled contactless card. In parallel, Visa Europe 1 has announced it is collaborating with the Régie Autonome des Transports Parisiens (RATP), the major transit operator responsible for public transportation in Paris and its surroundings, to demonstrate that Visa payWave acceptance at a Paris metro fare gate is technically feasible.

IMGCAP(1)]

Visa Inc. posted its first loss as a public company, citing a settlement of an antitrust lawsuit, but it said profits on an adjusted basis more than doubled from a year earlier.

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]

IMGCAP(1)]