Visa ID Protection
Is This Your Business?Founded in 1970 in Foster City, California, Visa is a financial institution that serves a wide variety of customers all over the world. The company has processed more than 100 billion transactions with total volume exceeding $6.8 trillion. Visa offers identity protection services to its cardholders at no additional charge.
Top Ranked Companies
The Good
- Zero Liability Policy
- Internet Surveillance
Zero Liability Policy
Visa offers its cardholders a zero liability policy that protects against potential unauthorized charges. If a charge is suspected to be unauthorized, it will be put on hold. Once a charge is confirmed to be unauthorized, the cardholder will be reimbursed for the transaction.
Internet Surveillance
Visa scans private and public databases for suspicious activity. If any fraudulent action is detected, the company will alert customers immediately.
The Bad
- Service Limitations
- Identity Recovery
Service Limitations
The identity theft protection services offered by Visa are severely limited when compared to those offered by other companies in the industry. For example, Visa does not provide credit monitoring, family plans, or antivirus software.
Identity Recovery
Visa does not offer much in the way of identity recovery. For example, the company does not provide medical recovery, criminal recovery, lost wallet services, or insurance coverage.
The Bottom Line
Visa is a financial institution that offers its cardholders identity protection services for no additional cost. The company provides internet surveillance and a zero liability policy, but does not offer credit monitoring, lost wallet services, or insurance coverage.
