Visa Debit Card (Image: Flickr)

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 promoting their debit cards. The fees made off the debit cards have been able to overshadow the areas of the company that have struggled.

Recently, the company said they wouldn’t adjust their outlook for the remainder of the year due to the swine flu outbreak.

Post from: EveryJoe

Visa Shows Healthier Than Expected Earnings