Visa quarterly profit jumps on unrestrained consumer spending

A credit card is seen in front of a displayed Visa logo in this illustration taken July 15, 2021. REUTERS/Dado Ruvic/Illustration GLOBAL BUSINESS WEEK AHEADRegister now for FREE unlimited access to Reuters.comRegisterJuly 26 (Reuters) – Visa Inc (V.N) beat estimates for quarterly profit on Tuesday as resilience in consumer spending so far and a summer travel boom across much of the United States translated into higher card spends.After being holed up at their homes, pandemic-weary Americans are splurging on travel and other leisure related activities, helping the economy to stay on track despite an onslaught from inflation.Major …
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