Wednesday, 28 Jul 2021 07:27 AM MYT
Visa reported a 34 per cent jump in third-quarter payment volumes on a constant dollar basis, while the number of transactions processed surged 39 per cent. Reuters pic
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NEW YORK, July 28 ― Visa Inc beat estimates for quarterly profit yesterday as vaccinations and reopening of economies spurred people to spend more on travel and entertainment, boosting volumes for the world s largest payment processor.
Payment companies are seeing an uptick in volumes from the coronavirus-induced slump as economic stimulus and rising vaccinations take effect, with the rise of e-commerce during lockdowns also driving up transactions.
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Visa steigert dank höherem Zahlungsvolumen Umsatz und Gewinn
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