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Visa 2Q profits rise 14% on rising credit, debit card usage

Por: ABC News Business April 25, 2023

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NEW YORK -- Payment processing giant Visa Inc. said its second-quarter profits jumped 14% from a year earlier on an adjusted basis, as the company continues to benefit from a global increase in credit card and debit card usage. The San Francisco-based company said it earned a profit of $4.38 billion, or $2.09 a share, excluding one-time charges related partially to the Russia-Ukraine war and other accounting adjustments. That compared to an... + full article



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