Visa profit beats estimates as holiday shopping drives rebound ...Middle East

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Visa profit beats estimates as holiday shopping drives rebound
Visa Inc beat Wall Street estimates for quarterly profit on Thursday, as its customers shopped online during Christmas and New Year holidays, driving a recovery in payment volumes from the coronavirus-induced slump. A surge in online shopping helped the world's biggest payment processor counter a hit to cross-border volumes from a global slowdown in travel and entertainment.

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