Visa and Mastercard stocks hit new records on August 24, with Visa approaching the $380-$381 range and Mastercard climbing over 3% toward the $600 mark. Visa’s fiscal third quarter revenue reached $11.6 billion, up 14% year over year, while total payment volume crossed $4 trillion for the first time. Cross-border volumes surged 13% for Visa and 12% for Mastercard, driven by the World Cup and international travel recovery. US credit card debt reached $1.26 trillion in the second quarter of 2026 as consumers continued spending while increasingly relying on borrowing.
Source: Read the original article
