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February 06, 2013

Visa Reports Fiscal 1Q 2013 Results

Visa logo 60pxh Visa has announced financial results for the Company's fiscal first quarter 2013. Q12013 highlights include:

  • Payments volume growth, on a constant dollar basis, for the three months ended September 30, 2012, on which fiscal first quarter service revenue is recognized, was 6% over the prior year at $1.0 trillion.

  • Cross-border volume growth, on a constant dollar basis, was 11% for the three months ended December 31, 2012.

  • Total processed transactions, which represent transactions processed by VisaNet, for the three months ended December 31, 2012, were 14.2 billion, a 4% increase over the prior year.

Full information is available on the Visa investor website.

hyperWALLET Integrates Prepaid Cards with Apple Passbook

Hyperwallet logo 140pxhyperWALLET has announced the integration of its prepaid card products and services with Apple Passbook.

“Our cardholders love our mobile apps and the ability to manage all aspects of their accounts from their phones. With passbook cardholders also receive balance updates and transaction notifications in real time in a native iPhone experience, providing even more convenience on the go”, states Lisa Shields, President & CEO of hyperWALLET Systems Inc.

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