Visa Inc at Sanford C Bernstein Strategic Decisions Conference Transcript

May 31, 2023 / 08:30PM GMT
Harshita Rawat - Sanford C. Bernstein & Co., LLC., Research Division - Senior Research Associate

Good afternoon, everyone, and welcome to the Bernstein's 39th Annual Strategic Decisions Conference. I'm delighted to be joined today by Vasant Prabhu, the CFO of Visa. We have about 50 minutes for a fireside chat, audience members can submit their questions via the Pigeonhole link on the agenda provided, and I'll read those questions throughout our conversation today. And with that, let's begin. Vasant, thank you so much for joining.

Vasant M. Prabhu - Visa Inc. - Vice Chair & CFO

Nice to be here Harshita, can you hear me? Okay.

Questions and Answers:

Harshita Rawat - Sanford C. Bernstein & Co., LLC., Research Division - Senior Research Associate

So Vasant, let's start with a topic that's on everyone's mind. So you put out an 8-K yesterday, discussing May spending trends in Visa cards. So let's start there. What are you seeing in terms of current spending environment?

Vasant M. Prabhu<
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