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Visa (V) Shares UP Nicely Post Q2 Beat!

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Dow30 component Visa (V) the world’s largest payment network’s shares jumped post better than expected results for Q2. Visa shares closed the day at $91.15 UP 1.56% and are trading at $93.29 UP 2.35% in after hours trading.

Visa revenue is expected to end up at high end of the earlier forecast and the CFO represents that Visa’s investment in Europe are at or above expectations.

Visa also announced a $5 Billion Buyback program.

Gain more understanding by visiting the Vista Partners’ Visa coverage page at www.vistapglobal.com.

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Digiliti Money’s express prepaid card program is managed by Central Bank of Kansas City. The Digiliti Money prepaid card is accepted at more than 35 million locations worldwide as part of the MasterCard (MA) payment network.

Digiliti Money’s award-winning Select Mobile Money is a cloud-based SaaS platform that enables financial institutions to offer their prepaid cardholders a full suite of convenient financial services in one easy-to-use mobile app. Available on iOS and Android systems, the platform can be integrated with existing card programs or used to develop a new prepaid card program, complete with a feature-rich mobile app and branded general purpose reloadable prepaid card. Powerful back-end analytics enable financial institutions to segment customers based on behavior and send relevant marketing notifications that keep customers engaged. To learn more about Select Mobile Money, email info@digilitimoney.com or visit https://www.digilitimoney.com/solutions/mobile-money-management.

Visa’s profit boosted by Europe unit, big card portfolio wins

Shares of Visa, the world’s largest payments network operator, were up 2.5 percent at $93.45 in trading after the bell, after it also announced a $5 billion share buyback program. San Francisco-based Visa, like rival MasterCard (MA.N) generates revenue by facilitating credit- and debit-card transactions..

finance.yahoo.com

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