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Visa’s Payments Volumes Could Fuel Its Growth

Raymond Anderson
Visa’s Payments Volumes Could Fuel Its Growth

On July 25, Visa (V) is scheduled to report its results for the third fiscal quarter. Analysts expect Visa to post an EPS of $1.09, which represents 26.7% growth YoY (year-over-year) mainly due to the higher payments volume, elevated spending, the strong economy, and higher fuel-related spending. Visa has been trying to make contactless payments available in the United States.