Visa U.S.A. said its total payments volume grew 28% in 1994 - the highest growth rate in the last 10 years - to $290.7 billion.

The San Francisco-based bank's credit and debit card volume increased by 19.3%, to $227.0 billion, while the number of credit and debit cards rose by 37.5 million, or 22.4%, to 205.7 million.

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