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Supplier Diversity
Visa USA recognizes the value of diverse suppliers and ensures that working with diverse suppliers is an integral part of our strategic sourcing and procurement processes. Visa is committed to promoting relationships with minority owned, woman owned, disabled veteran-owned, disabled-owned, lesbian-, gay-, bisexual-, and transgender (LGBT) owned, small business enterprise, or enterprise located in historically underutilized business zone (HUBZone) suppliers (collectively called “diverse suppliers”). Visa continually seeks the best service, quality, and value-at the best cost-by building mutually beneficial relationships with a broad and diverse supplier base.
We believe that supplier diversity provides us with a significant position of strength from which to support our clients and perform in the markets we serve. Our Supplier Diversity Program is founded on three basic operating principles:
- Promoting business opportunities for diverse businesses and ensuring that they have fair access to bid and contract opportunities.
- Growing the amount of quality products and services we procure directly from diverse suppliers, or indirectly through companies who share our commitment to diversity.
- Communicating the value of supplier diversity, both internally and externally.
Visa is committed to working with qualified suppliers who fully meet the criteria established in our Supplier Diversity Program. We welcome all potential suppliers who can add value to our products and fulfill our requirements on a competitive basis.
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