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04 Aug 08
Visa Reaches One Billion Cards Worldwide; 1999 Global Card Volume Rises to $1.6 trillion, up 19 percent | Business Wire | Find Articles at BNET
The company also reported that its payment volume in 1999 reached $1.6 trillion, representing a 19 percent increase over the previous year. This continues Visa's record of generating a global growth rate of more than 15 percent every quarter for more than 10 years. And Visa processed over 21.3 billion transactions in the twelve months ending December 1999, or 20 percent growth over 1998.
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The company also reported that its payment volume in 1999 reached $1.6 trillion, representing a 19 percent increase over the previous year. This continues Visa's record of generating a global growth rate of more than 15 percent every quarter for more than 10 years. And Visa processed over 21.3 billion transactions in the twelve months ending December 1999, or 20 percent growth over 1998.
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