Visa CFO on Cross-Border Travel, Consumer Spending

The transcript discusses the recovery of cross-border business post-pandemic, highlighting strong performance in Europe and Latin America, while Asia and US inbound travel lag. Currency fluctuations, particularly the strong dollar, impact travel patterns. Despite economic uncertainty and layoffs, consumer spending remains resilient. The business maintains disciplined investment and staffing strategies, avoiding layoffs. It focuses on delivering secure, reliable digital payment services to retain market share and customer trust.

What factors have contributed to the recovery of the cross-border business in Europe?

How has the situation in Asia affected the overall recovery of the cross-border business?

What are the expected challenges for inbound travel to the US?

How does the strength of the dollar impact travel patterns between the US and Europe?

What are the potential impacts of layoffs in various sectors on consumer demand?

What is the current state of consumer spending in the US according to the text?

What strategies are being employed to retain market share in a competitive environment?