Visa (NYSE: V) today announced that it is collaborating with Global Payments, a leading worldwide provider of payment technology and software solutions, and Desjardins, North America's leading financial cooperative group, to bring Visa Installments to participating Canadian merchants and eligible credit cardholders. Visa Installments is a new option to convert qualifying purchases into smaller, equal payments made over a defined period of time using an eligible credit card. Visa shares closed at $242,35.