Visa reports 19.4% jump in GCC transactions

10 Jul 2010

(MENAFN) Visa has reported a growth of 19.4 percent in payment transactions across the GCC in the first quarter of the year, Khaleej Times reported.

The increase in transaction growth followed a successful year for Visa in terms of extending its debit business in the region.

The payment solutions provider formed a number of key debit partnerships with leading GCC-based banks last year which aimed to improve the card payment experience for cardholders, by providing increased debit card capabilities and convenience.

The increased debit offering will provide GCC cardholders increased flexibility, convenience and security that Visa debit products offer.

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