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Visa Beats Street On 11 Pct Payments Volume Growth

PYMNTS

Visa beat expectations on double-digit payment volume growth even as international transactions slowed markedly. Processed Transactions – And Other Metrics – Up Double Digits. trillion, with 11 percent growth year over year, and where credit was $1.2 credit transactions came in at $498 billion, and $446 billion for debit.

Volume 67
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Why The Market Liked Visa’s Quarterly Report Card

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That growth, extending across credit and debit card transactions, was enough to propel results past estimates on Thursday, as adjusted net income came in at $0.84 Credit transactions, as measured on a consolidated basis, were $974 billion, with a 25 percent change, and debit was up 58 percent to $755 billion.

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Mastercard Gains B2B Payments Traction, Sees Double-Digit Growth

PYMNTS

Breaking that down a bit, debit and prepaid transactions stood at $720 billion, up from $642 billion last year. Credit transactions were $748 billion in the quarter, which was up from $705 billion last year. Switched transactions were up 16 percent, adjusted for the Venezuelan deconsolidation, at 18.8

B2B 71
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Investors Eyeing Card Volume, B2B Gains For Visa’s Earnings Report

PYMNTS

Investors and analysts will have their eyes on Visa ’s growth across cross-border transactions and card spend in its fiscal first quarter, a double-digit trajectory seen in its latest earnings report last October. billion, which would be up 12 percent year on year, and adjusted earnings of $1.21.

Volume 46