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Visa quarterly profit jumps as consumer spending holds up

Oct 27 (Reuters) - Visa reported ⁠a surge in fourth-quarter profit on Tuesday as customers swiped ⁠their cards to pay for travel, shopping and dining out, ‌signaling resilient US consumer spending underpinned by a strong labor market and wage growth.

The Star MalaysiaReuters查看原文 ↗
由于消费者支出保持稳定,Visa季度利润大幅增长。

FILE PHOTO: Credit card is seen in front of displayed Visa logo in this illustration. REUTERS/Dado Ruvic/Illustration/

Oct 27 (Reuters) - Visa reported ⁠a surge in fourth-quarter profit on Tuesday as customers swiped ⁠their cards to pay for travel, shopping and dining out, ‌signaling resilient US consumer spending underpinned by a strong labor market and wage growth.

The FIFA World Cup, which ran from June 11 to July 19, also helped ​boost activity across Visa's network as it ⁠brought many visitors to the ⁠United States.

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