Visa Launches Global Financial Education Initiative for Olympic Athletes

Award-Winning, Personal Finance Education Program to Help Empower
Athletes

RIO DE JANEIRO & SAN FRANCISCO–(BUSINESS WIRE)–Visa Inc. (NYSE:V) today announced a global financial education program
at the Rio 2016 Olympic Games that will help Olympic athletes take
control of their financial futures.

The program, developed in partnership with the International Olympic
Committee (IOC), will help current athletes, and those nearing sports
retirement, to access resources that can build their financial skills
and allow them to better manage their financial lives both during their
athletic careers and after.

“As a 30-year sponsor of the Olympic Games and a champion of financial
education for over two decades, Visa is committed to helping provide
athletes with the tools, resources and support they need to reach their
highest potential in sport and in life,” said Eduardo Coello, Visa Group
Executive, Latin America and Caribbean (LAC) region. “With this new
program, we are deepening our commitment to the Olympic Movement and
leveraging our global expertise in financial education in response to a
clear need expressed by many athletes.”

The new program, Practical Money Skills for Athletes, will utilize
Visa’s award-winning financial education program and curriculum focused
on key personal finance topics including financial planning and decision
making, goal-setting, budgeting and saving, understanding banking
services, and basic money management. Financial education workshops for
athletes will initially be available in English, French, Portuguese, and
Simplified Chinese, and will feature presentations, skill-building
activities and multi-media components.

“I’m excited to be an advisor and ambassador for this new initiative,”
said four-time U.S. ice hockey Olympian and newly elected chair of the
IOC’s Athletes’ Commission, Angela Ruggiero, who serves as an ambassador
for the Practical Money Skills for Athletes program. “By making their
personal finance education resources relatable to the unique needs and
challenges athletes face, Visa is helping to ensure that athletes are
better prepared for success in life.”

On August 9, Visa will join IOC officials and Angela Ruggiero to
showcase the new program in the Olympic Village. The first comprehensive
training session will be held in partnership with the United States
Olympic Committee (USOC) at the Athlete Career Summit in the fall. This
is not the first time Visa is offering personal finance education to
athletes; the company previously partnered with USOC and the China
Athletes Educational Foundation to provide financial literacy training
and resources to athletes.

“We are greatly appreciative of Visa’s commitment to financial education
and bringing that commitment to the Olympic family,” said Kit McConnell,
Sports Director, International Olympic Committee. “Greater personal
finance knowledge and skills are important in building a sound financial
future. We encourage National Olympic Committees and all athletes to
take advantage of this exciting new program.”

Since 1995 Visa has been providing parents, teachers, students and
consumers of all ages with high quality, interactive free materials that
help teach the fundamentals of personal finance. To date, Visa’s
financial education program has reached more than 40 million people
worldwide, and resources are now available in 16 languages across 42
countries.

About Visa:

Visa Inc. (NYSE: V) is a global payments technology company that
connects consumers, businesses, financial institutions, and governments
in more than 200 countries and territories to fast, secure and reliable
electronic payments. We operate one of the world’s most advanced
processing networks — VisaNet — that is capable of handling more than
65,000 transaction messages a second, with fraud protection for
consumers and assured payment for merchants. Visa is not a bank and does
not issue cards, extend credit or set rates and fees for consumers.
Visa’s innovations, however, enable its financial institution customers
to offer consumers more choices: pay now with debit, pay ahead of time
with prepaid or pay later with credit products. For more information,
visit usa.visa.com/about-visa, visacorporate.tumblr.com and @VisaNews.

Contacts

Visa, Inc.
Andy Gerlt, 415-805-5153
agerlt@visa.com
Nat
Sillin,
650-866-9374
nsillin@visa.com

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