Visa Q2 beats expectations; raises revenue forecast | Reuters


Visa also issued a slightly bolder forecast. It now expects annual net revenue growth at the high end of the 11 percent to 15 percent range it provided in February.

The company receives fees whenever consumers use one of its credit or debit cards. As consumers increasingly pay with plastic instead of cash or checks, the company’s revenue rises.

via UPDATE 3-Visa Q2 beats expectations; raises revenue forecast | Reuters.

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