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Visa and Mastercard Hit Record Highs as Consumer Spending Surges

Quartz Read original source (opens in a new tab)
The Story

News Summary

  • Visa and Mastercard shares hit record highs on strong consumer spending.
  • Visa reported a 14% year-over-year revenue increase to $11.6 billion for fiscal Q3, bolstered by double-digit growth in transaction and cross-border volumes, signaling broader macroeconomic resilience.
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