V · News · 20261030N

Market Demand Trends — Consumer Spending

VISA INC. · 2026-10-30 · Importance 30 · Surprise 40

Visa reported resilient consumer spending across consumer groups, with U.S. payments volume up 10% year over year in fiscal fourth quarter 2026. U.S. credit spending increased 11%, while debit spending rose 9%. The Q3 earnings-call report also cited rising cross-border volumes, surging commercial and e-commerce transaction volumes, and tokenization of more than 60% of e-commerce transactions.

Key facts

• Visa CFO Chris Suh said U.S. payments volume rose 10% year over year in fiscal fourth quarter, with credit spending up 11% and debit spending up 9%. source
• Visa's CFO identified resilient U.S. consumer spending, enhanced by the FIFA World Cup, and broad international growth as additional drivers of the quarter's performance. source