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Stock Market & Financial Investment News

News Breaks
March 13, 2013
08:58 EDTVVisa says U.S. aggregate payments volume grew 3% from prior year in Jan./Feb.
Visa disclosed select data from January 1 through February 28 in a regulatory filing in advance of its planned investor discussions around payments volume, cross border volume and processed transactions growth at the Credit Suisse Annual Global Services Conference Visa stated that from January 1 through February 28, U.S. aggregate payments volume growth was positive 3% versus U.S. aggregate payments volume for the prior year period. Visa added: "Further broken down, U.S. credit payments volume growth was positive 11% and debit payments volume growth was negative 3%. Cross border volume growth on a constant dollar basis was positive 10% globally over the prior year period. Processed transactions growth was positive 4% globally over the prior year period."
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