Visa card spend in Europe grows to €1tn

MORE than €1 trillion was spent on Visa cards in Europe in the 12 months to the end of September as Irish usage also increased.

Spending on Visa grew to €1 in every €8 of consumer spend in Europe during this time.

In Ireland there was a 65.3% increase in the number of Visa cards in use in 2010, with around three million Visa debit, prepaid and credit cards in Ireland.