Visa International announced today that global sales volume increased 15 percent in 2002 to US$2.476 trillion.
“Today’s growth is being driven primarily by debit, as consumers choose the security, reliability, and convenience of electronic payments for their everyday purchases. Visa’s future growth will come from an increasing array of payment methods that allow anytime, anywhere, any way commerce,” said Williamson. “Today’s consumers have more choice than ever when making a decision at the checkout line. Working with our member banks, we aim to empower consumers with the option to pay now, pay later, or pre-pay.”