V · 8-K · 20260728PR000103

Geographic Market Commentary

VISA INC. · 2026-07-28 · Importance 29 · Surprise 22

International transaction activity remained a significant growth driver for Visa in the fiscal third quarter. Cross-border volume excluding transactions within Europe increased 12% year over year on a constant-dollar basis, while total cross-border volume increased 13%. The company separately identifies transactions within Europe, indicating that cross-border growth outside the intra-Europe market was particularly relevant to international payment demand.