€1 in every €3 to be spent on Visa

Visa is anticipating that by 2015 €1 in every €3 spent by Irish consumers will be via one of its products — credit, debit, or pre-paid cards.

New figures, released yesterday by the company, show that €1 in every €7 spent here during 2012 was done so with a Visa card.

That figure has improved, for the company, in the past couple of years — with it being €1 in ever €11 in 2010 and €1 in every €8 in 2011. Already, £1 in every £3 spent in Britain is done so via Visa products.