Visa reports Q4 payments volume up 9%

The company states: “Payments volume for the three months ended September 30, 2023 increased 9% over the prior year on a constant-dollar basis. Cross-border volume excluding transactions within Europe, which drives our international transaction revenues, increased 18% on a constant-dollar basis for the three months ended September 30, 2023. Total cross-border volume on a constant-dollar basis increased 16% in the quarter. Total processed transactions, which represent transactions processed by Visa, for the three months ended September 30, 2023, were 56.0 billion, a 10% increase over the prior year.”