The latest buzz from the finance sector in Ireland is that Visa Card transactions have increased considerably.
Major companies in UK, including Appco, 3D Organisation etc have always been encouraging online and card transactions. People too find it convenient, in many ways.
The latest reports show that Visa card transactions in Ireland have gone up 76 percent last year. Figures show that cardholder expenditure in Ireland in 2011 amounted to €13 billion and when we take Consumer Spend in Ireland, €1 in every €8 spent is through Visa cards.
Reports indicate that there are about 3.4 million Visa Cards currently in use in Ireland. Another good news is that fraud losses on Visa cards in Ireland as well as in the whole of Europe has reached an all time low in 2011.