Summary: > Visa’s management expects payment volume to grow at “a similar rate to Fiscal Q3 2024”, and cross-border volume to grow slightly below the Q3 growth

Summary: > Visa’s management expects payment volume to grow at “a similar rate to Fiscal Q3 2024”, and cross-border volume to grow slightly below the Q3 growth rate. > This would mean 5% YoY growth in the U.S. (and a lower growth rate for “card present”, or in-person, volumes and a higher growth rate for e-commerce volumes), and double-digit growth in Europe, Latin America, as well as the CEMEA region. A further slowdown in the cross-border volume growth suggests a headwind for e-commerce growth.