Visa (V) Reports Positive U.S. Payment Volume in August from Drop in July
Tweet
Share
E-mailGet Alerts V Hot Sheet
Join SI Premium – FREE
In anticipation of investor discussions around payments volume, cross border volume and processed transactions growth at the Deutsche Bank db Access 2012 Technology Conference on Tuesday, September 11, 2012, Visa (NYSE: V) is providing selected data for July and August 2012.
For the month of July 2012, U.S. aggregate payments volume growth was negative 1% versus U.S. aggregate payments volume for the prior year period. Further broken down, U.S. credit payments volume growth was positive 7% and debit payments volume growth was negative 8%. Cross border volume growth on a constant dollar basis was positive 9% globally over the prior year period. Processed transactions growth was positive 2% globally over the prior year period.
For the month of August 2012, U.S. aggregate payments volume growth was positive 2% versus U.S. aggregate payments volume for the prior year period. Further broken down, U.S. credit payments volume growth was positive 12% and debit payments volume growth was negative 6%. Cross border volume growth on a constant dollar basis was positive 13% globally over the prior year period. Processed transactions growth was positive 2% globally over the prior year period.
For the month of July 2012, U.S. aggregate payments volume growth was negative 1% versus U.S. aggregate payments volume for the prior year period. Further broken down, U.S. credit payments volume growth was positive 7% and debit payments volume growth was negative 8%. Cross border volume growth on a constant dollar basis was positive 9% globally over the prior year period. Processed transactions growth was positive 2% globally over the prior year period.
For the month of August 2012, U.S. aggregate payments volume growth was positive 2% versus U.S. aggregate payments volume for the prior year period. Further broken down, U.S. credit payments volume growth was positive 12% and debit payments volume growth was negative 6%. Cross border volume growth on a constant dollar basis was positive 13% globally over the prior year period. Processed transactions growth was positive 2% globally over the prior year period.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Deutsche Bank Upgrades Target Hospitality (TH) to Buy
- Nuvectis Pharma (NVCT) files $200M mixed shelf
- Lazard Global Total Return fund declares $0.1534 monthly distribution
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Deutsche BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
