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Understanding Visa’s Service Revenue and Visa Direct

Raymond Anderson
Updated
Understanding Visa’s Service Revenue and Visa Direct

In fiscal Q3 2018, Visa’s (V) service revenue could rise YoY (year-over-year) due to its payment volumes rising YoY in fiscal Q2 2018. Additionally, payment volumes for Visa and peers (IYF) Mastercard (MA), American Express (AXP), and Capital One Financial (COF) could rise sequentially due to a stronger economy and higher spending. In fiscal Q2 2018, Visa’s data processing revenue rose 15% YoY, supported by US payment volumes and cross-border transactions. Its client incentive revenue fell significantly due to delays in signing European contracts.

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