Visa's Emerging Markets Growth Impressive.

Publication: Electronic Payments Week

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COPYRIGHT 2005 Access Intelligence, LLC.

Credit card market growth may be stagnant, but in Visa USA's emerging market segment--bill payment, business-to-business, government and small ticket items--the growth is robust, according to data released last week by Visa USA.

Overall sales grew 27.4 percent in August over the same period last year- -from $14.5 billion in August 2004 to $18.3 billion in August 2005. That increase was due mainly to a 49.3 percent growth in the small tickets space, and a sizzling 67.3 percent growth spent at...

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