[mirceal]

VISA is a payments network. It's a way for banks to connect to each other. They don't have any skin in the game and ultimately it's the issuing bank that gives you all those nice things that you believe come from VISA (like chargebacks, fraud protection, etc).

VISA does not lend any money. They just provide the service of moving money for a fee.

[lamontcg]

That makes VISA even more of an escrow agent and less of a bank.

[Nursie]

Escrow, pretty much by definition, involves holding funds. That’s not what visa does.