VISA transacted $6.5 trillion a year: Kamil

May 29, 2013 Off By Web Desk

KARACHI: VISA has become the world’s largest retail electronic payments network after it transacted US$6.5 trillion across the globe during four quarters ending on March 31, 2013.

This was stated by Kamil Khan, Country Manager of VISA in Pakistan and Afghanistan, during a lunch at a local hotel in Karachi on Wednesday.

“We have presence in more than 200 countries and territories, which makes us distinguished from others,” he said. He said that it was possible only due to confidence placed in their products and services by valuable clients and customers. “I would like to thank all of our consumers and customers for reposing their confidence in VISA.”

He expressed gratitude for journalists on their presence and said that it was due to them that awareness was created about the convenience in using electronic payments instead of cash and cheque.