Visa Inc. said late Wednesday that its earnings for its fiscal third quarter, which ended June 30 — its first full quarter as a publicly traded company — rose 41% from a year earlier, to $422 million, or 51 cents a share.

After adjusting for litigation, restructuring costs, and other items, the San Francisco company's earnings rose 40% to $457 million, or 59 cents a share.

Revenue climbed 18%, to $1.613 billion. Payment volume increased 19%, to $652 billion.

"Despite a challenging economic environment in the United States and a softening in traditional credit card spending, the strength of Visa's debit business drove solid growth in the region," Joe Saunders, Visa's chairman and chief executive, said in a press release.

It raised its full-year forecast for operating margins, before interest and taxes, to "the mid 40% range," from the "low 40% range" guidance it gave in April. For the next two fiscal years, it expects these margins in the "mid-to-high 40% range."

Also late Wednesday, Visa said it would expand its foreign money-transfer service to Indonesia, and it said it may eventually make the service available the United States and Mexico. The card-based remittance service, which began in Ukraine in 2003, is available in 13 countries in Europe, the Middle East, and Asia.

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