Visa Inc (BUE:V)
ARS 19350 300 (1.57%) Market Cap: 615.53 Til Enterprise Value: 622.29 Til PE Ratio: 32.38 PB Ratio: 16.06 GF Score: 79/100

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

Jun 08, 2021 / 04:15PM GMT
Release Date Price: ARS6250
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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