Visa sees ‘beginning of the end’ of pandemic spending woes


The network saw volume on its US debit cards climb 31% to US$806bil as consumers shopped online and the US government began sending direct payments to millions of Americans during the first three months of the year.

NEW YORK: The third round of stimulus checks has been a boon for Visa Inc.

The network saw volume on its US debit cards climb 31% to US$806bil as consumers shopped online and the US government began sending direct payments to millions of Americans during the first three months of the year. Visa’s stock climbed in late trading.

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