Visa records 26% rise in sales

JAKARTA: Visa Indonesia said on Monday its card sales volume, or the total value of transactions made using Visa cards, grew by 26 percent in the first month of the year compared to the same period last year.

The sales volume in the first quarter of the year rose to US$900 million, the company said in a statement.

It further said the total number of Visa cards issued in the country at the end of March this year reached 5.6 millions, up by 9 percent over the same period last year. -- JP