Visa Inc. on Wednesday said its profit rose 33 percent in the fiscal first-quarter on increased revenue, even as consumers pull back sharply on spending amid the recession.
The payment processing giant reported net income of $763 million, or $1.02 per share, compared with $574 million, or 74 cents per share a year ago.
Revenue growth was [...]
Posts Tagged ‘us payment’
Visa 1Q profit rises 33 percent, beats estimates
February 4th, 2010 by Financial Writer
Tags: consumers, payments network, recession, us consumers, us economy, us payment, visa








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