Visa's Profits Soar Above Expectations with Rising Payment Volume.
TL;DR Summary
Visa reported better-than-expected Q2 earnings, with payment volumes rising 10% and cross-border volume (excluding Europe) increasing 32%. CEO Ryan McInerney expressed confidence in sustained growth for Visa's payments business, despite a decline in growth rates from a year ago. The company's shares rose 2.4% in after-hours trading.
Topics:business#cross-border-transactions#finance#growth-opportunities#payment-volumes#q2-earnings#visa
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