Visa International Announces $255bn in Worldwide Commercial Volume
Visa International has announced that the value of all purchases and cash withdrawals made with Visa Commercial payment solutions globally reached $255bn for the four quarters ended 30 June 2005. The achievement underscores the widespread adoption of Visa Commercial payment cards and financial applications by businesses and government agencies worldwide. The $255bn figure is indicative of the worldwide growth of Visa Commercial as it reflects an overall increase of 27 per cent over the same period last year. Nearly all Visa regions also experienced double-digit growth in commercial sales volume, with the majority registering an annual growth increase of at least 20 per cent.