For Jack Ma, executive chairman of Alibaba Group Holdings, today is an extremely busy and lucrative day because the company he founded 15 years ...
For the 12 months ended March 31, Visa`s U.S. credit card transaction volume for e-commerce sales is up 63% over the year-earlier period.
Visa U.S.A.`s e-commerce credit card transaction volume reached $44.5 billion for the 12 months ended March 31, up 63% from $27.3 billion in the prior 12-month period, Visa reports. Visa includes both business-to-consumer and business-to-business transactions in its e-commerce volume figures, but doesn`t provide b2c and b2b figures separately.
E-commerce transactions account for about 4% of Visa`s overall U.S. volume. In March, Visa`s U.S. volume surpassed $1 trillion for the first time in a 12-month period.
Visa`s global credit card transaction volume is about $2.5 trillion, though it hasn`t released global e-commerce numbers.