|Visa Cards In Lebanon
|4.7 million of transactions, 51% increase in card numbers, Visa is the leader.
For the first 6 months of 2002, the total number of Visa transactions in Lebanon is fixed at 4.7 million; this represents an increase of 43% from 2001, noting that it is the third highest growth pattern throughout the Middle East.
In addition, figures confirmed a staggering 51% increase in card numbers since the same period last year, it is considered as the highest growth in the region and means that over a quarter of a million cards are in the Lebanese financial market.
Visa-branded cards generate more than $2.3 trillion in annual volume and are accepted at more than 29 million physical locations around the world, including more than 800,000 automated teller machines (ATM).
Mentioning that the Visa organization is almost the leader in developing innovative payment products and technologies, to benefit and satisfy its 21,000 member financial institutions and their cardholders.