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Revenue (Tables)
9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The Company’s disaggregated net revenue by category and geographic region were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
(in millions)
Net revenue by category:
Payment network$5,179 $4,629 $14,556 $12,924 
Value-added services and solutions3,423 2,740 9,429 7,754 
Net revenue$8,602 $7,369 $23,985 $20,678 
Net revenue by geographic region:
Americas 1
$3,651 $3,156 $10,207 $9,093 
Asia Pacific, Europe, Middle East and Africa
4,951 4,213 13,778 11,585 
Net revenue$8,602 $7,369 $23,985 $20,678 
1Americas includes the United States, Canada and Latin America.
The following table sets forth the location of the amounts recognized on the consolidated balance sheets from contracts with customers:
September 30,
2025
December 31,
2024
(in millions)
Receivables from contracts with customers
Accounts receivable
$3,874 $3,491 
Contract assets
Prepaid expenses and other current assets162 210 
Other assets464 460 
Deferred revenue 1
Other current liabilities1,222 890 
Other liabilities378 449 
1    Revenue recognized from performance obligations satisfied for the three and nine months ended September 30, 2025 was $838 million and $2,187 million, respectively