global credit crisis

Visa sees signs of industry's stabilizing

September 16, 2009 - 10:03am | News | Plastic cards
Visa sees signs of industry's stabilizing

Visa Inc , the world's largest payment network, said its U.S. payment volume fell less in August than in July as more consumers used their debit cards -- a sign the industry may be stabilizing.

Visa's U.S. payment volume declined 1 percent in August compared with a year earlier. In July the drop was 2 percent.


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