based on payments volume , total volume , number of transactions and number of cards in circulation , visa is the largest retail electronic payments network in the world . the following chart compares our network with those of our major general-purpose payment network competitors for calendar year 2009 : company payments volume volume transactions cards ( billions ) ( billions ) ( billions ) ( millions ) visa inc. ( 1 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2793 $ 4423 62.2 1808 .
what is the average payment volume per transaction for visa inc?
( 1 ) visa inc . figures as reported on form 8-k filed with the sec on february 3 and april 28 , 2010 , respectively . visa figures represent total volume , payments volume and cash volume , and the number of payments transactions , cash transactions , accounts and cards for products carrying the visa , visa electron and interlink brands . card counts include plus proprietary cards . payments volume represents the aggregate dollar amount of purchases made with cards carrying the visa , visa electron and interlink brands for the relevant period . total volume represents payments volume plus cash volume . the data presented is reported quarterly by visa 2019s clients on their operating certificates and is subject to verification by visa . on occasion , clients may update previously submitted information . sources : mastercard , american express , jcb and diners club data sourced from the nilson report issue 946 ( april 2010 ) . includes all consumer and commercial credit , debit and prepaid cards . currency figures are in u.s . dollars . mastercard excludes maestro and cirrus figures . american express includes figures for third party issuers . jcb figures are for april 2008 through march 2009 and include third party issuers . transactions are estimates . diners club figures are for the 12 months ended november 30 , 2009 . discover data sourced from the nilson report issue 942 ( february 2010 ) 2014u.s . data only and includes business from third party issuers . for more information on the concentration of our operating revenues and other financial information , see note 15 2014enterprise-wide disclosures and concentration of business to our consolidated financial statements included in item 8 of this report . working capital requirements payments settlement due from and due to issuing and acquiring clients generally represents our most consistent and substantial liquidity requirement , arising primarily from the payments settlement of certain credit and debit transactions and the timing of payments settlement between financial institution clients with settlement currencies other than the u.s . dollar . these settlement receivables and payables generally remain outstanding for one to two business days , consistent with standard market conventions for domestic transactions and foreign currency transactions . we maintain working capital sufficient to enable uninterrupted daily settlement . during fiscal 2010 , we funded average daily net settlement receivable balances of $ 129 million , with the highest daily balance being $ 386 million . seasonality we do not expect to experience any pronounced seasonality in our business . no individual quarter of fiscal 2010 or fiscal 2009 accounted for more than 30% ( 30 % ) of our fiscal 2010 or fiscal 2009 operating revenues. .