Visa Inc (FRA:3V64)
€ 260.35 2.9 (1.13%) Market Cap: 532.86 Bil Enterprise Value: 537.03 Bil PE Ratio: 31.37 PB Ratio: 14.78 GF Score: 98/100

Visa Inc at Robert W Baird Global Consumer, Technology & Services Conference (Virtual) Transcript

Jun 08, 2021 / 04:15PM GMT
Release Date Price: €190.52 (+0.94%)
David John Koning
Robert W. Baird & Co. Incorporated, Research Division - Associate Director of Research & Senior Research Analyst

All right. It appears we are now live. So good morning, everyone, and thanks so much for joining us. My name is Dave Koning. I'm a senior analyst at Robert W. Baird, covering the payments industry, and very pleased to have Ryan McInerney from Visa, the President of Visa, with us today. And I think you all know Visa very well is the premier card network company in the world.

Questions & Answers

David John Koning
Robert W. Baird & Co. Incorporated, Research Division - Associate Director of Research & Senior Research Analyst

And so with that, maybe we can just kind of jump right in. One of the most impressive things we've seen from April and May trends, I would say, is how U.S. debit volumes have been so strong. I think they're tracking at 150% of the 2-year ago numbers.

And maybe, Ryan, you could kind of kick us off with why is debit so strong? And is this more structural in a long-term impact

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