Visa Inc has announced its fiscal second-quarter results that ended March 31, 2025.

The global leader in digital payments reported a solid financial performance driven by robust customer activity that led to a significant increase in revenue, transaction volume, and cross-border activity.

This strong financial performance further solidified Visa's position in an ever-evolving digital economy. 

Visa reported revenue of USD 9.6 billion in the last three months to March, a sharp 9 percent rise from the same period of the previous year. Revenue rose 11 percent on a constant-dollar basis after adjusting for currency fluctuations.

This growth was mainly driven by higher payment volume, strong cross-border transactions, and a continued global shift to digital payments. Resilient consumer spending helped Visa to achieve GAAP net income for the quarter at USD 4.6 billion, or USD 2.32 per share. Excluding certain items, the non-GAAP net income stood at USD 5.4 billion, or USD 2.76 per share. Total payments volume jumped 8 percent year-on-year, cross-border volume excluding intra-Europe was up 13 percent, and processed transactions rose by 9 percent.

Ryan McInerney, CEO of Visa, highlighted consistent consumer demand and credited a diverse business model that helped the company continue its growth amid macroeconomic uncertainty. He stated, "Visa's strong 9 percent fiscal second-quarter net revenue growth was driven by healthy trends in payments volume, cross-border volume, and processed transactions. Consumer spending remained resilient, even with macroeconomic uncertainty. Our strategy across consumer payments, commercial and money movement solutions, and value-added services, our diversified business model, and our focus on innovation position us well for the rest of the fiscal year and beyond."

The company also returned significant value to shareholders during the quarter as it repurchased shares and paid out dividends of USD 5.6 billion. In addition, its Board of Directors approved a new USD 30 billion multi-year share repurchase program, reflecting the company's long-term growth confidence. Visa declared a quarterly cash dividend of USD 0.590 per share, payable on June 2, 2025, to shareholders of record as of May 13, 2025.

The second-quarter results build on Visa's momentum from the first quarter and reflect the continued execution of its long-term growth strategy. The company's focus on expanding access to digital payments in emerging markets, including Bangladesh, is seen as a long-term growth enabler. In Bangladesh, Visa aims to transform the digital payment landscape to expedite economic growth and financial inclusion.