Visa Inc. said revenue and income rose in its fiscal first quarter as transaction and payment volume rose.
The San Francisco payment network said its income for the period that ended Dec. 31 rose 15.8% from a year earlier, to $884 million.
The company's revenue rose 14%, to $2.2 billion.
"We are intensely focused on growing Visa's revenue globally, working alongside our financial institution, merchant, technology and government partners," Joseph Saunders, Visa's chairman and chief executive, said in a press release Wednesday.
The company's payments volume grew 14% in the quarter, to $829 billion. Visa processed a total of 13 billion transactions, a 15% increase.
Visa said the impact of new laws and regulations stemming from financial reform could have long-term effects on its business.
The company is already hedging against some of those issues.
Visa said in January, for instance, that it would implement a dual interchange schedule for financial institutions.
Under a pending Federal Reserve rule, only issuers with assets of more than $10 billion would have to cap debit interchange fees.
