Visa posts jump in quarterly profit on higher transactions

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 25 (Reuters) - Visa Inc reported a rise in second-quarter profit on Tuesday, helped by a jump in processed transactions as consumers shrugged off worries of an impending recession. On an adjusted basis, the payments processor earned $2.09 per share in the quarter ended March, compared to $1.79 per share a year earlier.



(Reporting by Mehnaz Yasmin in Bengaluru; Editing by Maju Samuel)

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