Visa Shows Healthier Than Expected Earnings

While most of the financial industry is struggling, a few companies are still able to shine. One such company is Visa. The biggest credit card company on earth, Visa’s year-over-year income rose approximately 70% in their latest quarter.
This time last year, they posted an income of $314 on the quarter that finished at the end of March. In 2009, that number jumped all the way up to $536 million — beating predictions from almost every expert.
Visa thanks their increased fees, the increase use of debit cards and cut expenses for the improvement. In recent advertising campaigns, Visa has focused on …read more