The payment method could debut later this year.
Visa (V) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $2.41 per share a year ago.
Visa saw 9% growth in spending volume during the December quarter versus 8% in the September quarter.
Revenue rose 10% from a year ago to $9.5 billion. Visa on Thursday reported $5.1 billion of profits for the final three months of 2024, up 5% from the year prior, as consumer spending remains solid even as some inflation persists.
Visa Inc. V will release earnings results for its first quarter, after the closing bell on Thursday, Jan. 30, 2025.
Visa plans to use the ServiceNow Dispute Management, Built with Visa solution to further streamline payment card dispute resolutions for clients and help issuers meet compliance requirements.
Beyond analysts' top -and-bottom-line estimates for Visa (V), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Visa Inc (NYSE:V) is partnering with social media platform X, formerly known as Twitter, to launch a digital wallet along with other products.
As X Money integrates with Visa Direct, millions of X users could start using Visa's network, driving up transaction volume and fees.
In an effort to monetize the social media platform, Elon Musk's X announced Tuesday it would be partnering with Visa on a digital wallet and peer-to-peer payment services for its upcoming X Money Account.
X is teaming up with Visa to soon offer a system for real-time payments on the social media platform—signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an "everything app."
Elon Musk's social media platform X on Tuesday announced the launch of a digital wallet and peer-to-peer payments services provided by Visa.