Visa’s fiscal third quarter results showed continued momentum in new payment flows — and further embrace of contactless payments in brick-and-mortar, face-to-face transactions. CEO Ryan McInerney said on the conference call with analysts Tuesday (July 23) that tap to pay grew 4 percentage points from...
Visa is seeing continued momentum in Tap to Pay and digital credential issuance, as consumers continue to spend on their debit and credit cards. CEO Ryan McInerney said on the call that overall payments volume in the second fiscal quarter was up 8% year over year...
Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of earnings results from Mastercard and from Visa took note of the rise of alternative payment systems as money flows across...
Visa’s fiscal first quarter results pointed to continued growth in consumer spending — particularly on travel — though growth rates are slowing. Management, however, noted that growth rates in new payments flows and value-added services are outpacing the transaction growth seen in credit and debit...
July 23, 2024
Visa’s fiscal third quarter results showed continued momentum in new payment flows — and further embrace of contactless payments in brick-and-mortar, face-to-face transactions. CEO Ryan McInerney said on the conference call with analysts Tuesday (July 23) that tap to pay grew 4 percentage points from last year to 80% of face-to-face transactions globally, excluding the […]
February 02, 2024
Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of earnings results from Mastercard and from Visa took note of the rise of alternative payment systems as money flows across borders, digital channels and emerging use cases. To be sure, […]
February 16, 2023
Visa Vice Chair and Chief Financial Officer (CFO) Vasant Prabhu will retire on Sept. 30. The firm said in a Thursday (Feb. 16) press release that Prabhu will help Visa...
November 30, 2022
Ukraine has awarded its Peace Prize to Visa president and future CEO Ryan McInerney. “Visa is one of the first companies [that] suspended operations in Russia back in March,” Ukrainian...
November 17, 2022
Visa has announced that the company’s long-serving president, Ryan McInerney, will become CEO as of Feb. 1, with current CEO Alfred F. Kelly, Jr. transitioning to the executive chairman’s role....
