Visa Inc. payments volume growth at USD1.9tr


(MENAFN) Visa Inc., an international payments tech firm proclaimed that its payments volume growth reached 47 percent or USD1.9tr for the three months ended Sep.

Additionally, net income in the financial year fourth quarter was USD1.9bn or USD0.79 per share, a growth of 28 percent.

However, net income for the whole year 2016 was USD6.0bn or USD2.48 per share, a decline of 5 percent and 4 percent, respectively.

On the other hand, net operating revenue for the recent year was USD15.1bn, an increase of 9 percent, driven by the inclusion of Europe and growth in payments volume.


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