Visa the world's largest payments network operator, on Thursday reported a better-than-expected quarterly profit and raised its annual earnings forecast Visa's U.S. payments volume rose 12.1 percent on a constant dollar basis to $840 billion in the third quarter ended June 30. Visa Europe generated $371 billion in payments volume. Visa forecast net revenue to rise about 20 percent in the year ending September 30, having earlier expected a 16 to 18 percent increase.
Source: Reuters
Submitted July 21, 2017 at 12:21PM by ChocolateTsar http://ift.tt/2uHj5ye