The San Francisco company's payment volume grew about 10% last month from a year earlier, Mr. Pollitt said Tuesday during a presentation to analysts. There was "no material change" from its growth in spending and cash advances for March through July.
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Since the company's initial public offering in March, Visa shares had climbed 59% as of Monday. Investors are betting the company can weather a U.S. slowdown as consumers rely more on debit cards to pay for gas and food.
Visa says it has three-quarters of the U.S. signature debit market.
