« October 28, 2008 | Main | October 30, 2008 »
Visa Inc. this afternoon announced financial results for its fiscal fourth quarter and full-year 2008.
Using statistical data from June 30, 2008 (not from September 30, 2008), Visa reported its payments volume grew 15% over the prior year to $699 billion while total volume, inclusive of cash volume was $1.1 trillion, an increase of 19% over the prior year. Cards carrying the Visa brands rose over 12% worldwide over the prior year to 1.6 billion. Total payment transactions increased 14% over the prior year to 11.5 billion. Total VisaNet processed transactions (for the year ending Sept. 30, 2008) were 9.6 billion, an 11% increase over the prior year.
A webcast and accompanying presentation and performance data is available online on the Visa web site. READ MORE
PULSE has announced the launch of a new website, DebitFacts.org, that is says offers "consumers timely and practical information about debit's role as a convenient payment method and a valuable financial planning tool. The site addresses myths and misconceptions surrounding debit cards by offering fact-based information consumers need to know when using debit, as well as advice on making debit part of their personal money management strategy." READ MORE
Google Checkout has introduced a new shopping cart feature for sellers - saying that: "With the Google Checkout shopping cart, your buyers can add multiple items to their shopping cart, change item quantities, and remove items -- all without leaving your site. When buyers are ready to check out, they can complete their purchases with Google Checkout." Details here.
Contacts:
Compilation Copyright © 2002 - 2009 Glenbrook Partners LLC. All Rights Reserved.
Terms of Use Privacy Policy RSS Feed ![]()

Follow Payments News on Twitter for Real-Time Updates