Visa Shifts Focus to Ecommerce and Contactless amid Reduced Travel SpendingVisa Shifts Focus to Ecommerce and Contactless amid Reduced Travel Spending
Visa Inc. revealed payment data that vividly reflects its counterparts’ performances in the beginning weeks of the Coronavirus crisis.
“January and February were characterized by remarkable growth. But since mid-March, payments volumes have plummeted significantly as lockdown orders went active all over the United States,” said Vasant Prabhu, Visa Inc.’s chief financial officer in an interview discussion about March and April stats.
