| Revenue |
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, | | | 2026 | | 2025 | | 2026 | | 2025 | | | (in millions) | | Net revenue by category: | | | | | | | | | | Payment network | | $ | 5,749 | | | $ | 5,179 | | | $ | 16,148 | | | $ | 14,556 | | | Value-added services and solutions | | 4,058 | | | 3,423 | | | 11,334 | | | 9,429 | | | Net revenue | | $ | 9,807 | | | $ | 8,602 | | | $ | 27,482 | | | $ | 23,985 | | | Net revenue by geographic region: | | | | | | | | | Americas 1 | | $ | 4,190 | | | $ | 3,651 | | | $ | 11,754 | | | $ | 10,207 | | Asia Pacific, Europe, Middle East and Africa | | 5,617 | | | 4,951 | | | 15,728 | | | 13,778 | | | Net revenue | | $ | 9,807 | | | $ | 8,602 | | | $ | 27,482 | | | $ | 23,985 | |
1Americas includes the United States, Canada and Latin America. The Company’s customers are generally billed weekly, with certain billings occurring on a monthly and quarterly basis. The frequency of billing is dependent upon the nature of the performance obligation and the underlying contractual terms. The Company does not typically offer extended payment terms to customers. The following table sets forth the location of the amounts recognized on the consolidated balance sheets from contracts with customers: | | | | | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | | (in millions) | | Receivables from contracts with customers | | | | | Accounts receivable | | $ | 4,330 | | | $ | 4,010 | | Contract assets | | | | | | Prepaid expenses and other current assets | | 161 | | | 189 | | | Other assets | | 564 | | | 508 | | Deferred revenue 1 | | | | | | Other current liabilities | | 1,511 | | | 1,137 | | | Other liabilities | | 329 | | | 424 | | | | | | |
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