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Why Visa Is Expected to Show Positive Momentum

Why Visa Is Expected to Show Positive Momentum

Visa (V), a giant in the payments industry, has reached an inflection point, according to Vasant Prabhu, the company’s CFO (chief financial officer). The company also believes that opportunities still prevail in regard to digitizing payments, which could benefit the company in the long term. A high estimate and low estimate for Visa’s fiscal 1Q18 revenues by Wall Street analysts are $5.3 billion and $4.7 billion, respectively.