It increases the cost with cards of company in Spain

6 of October 2006 Madrid

According to the last data offered by Europe Visa, the volume of cost with cards of Visa company increased in Spain a 15% with respect to the year anterior* until reaching a total value of 5,082 million Euros. According to these same data, the card holders of Visa company in Spain tend to realize transactions by a value half lifted more than the personal card holders, 100.10€ in comparison with 71.4€ of second.

In Spain 23 card emitters exist at present Business Visa and 9 card emitters Corporate Visa. Between all they have emitted a total of 881,000 cards of this type. The half annual cost in commerce with cards of Visa company (Jun 05-Jun 06) was of 5,294 Euros, against the 2,722 Euros of cards of consumers (debit and credit).

To European level, the total cost with cards of Visa company happened of 43,600 million Euros in 2005 to 50,900 million Euros in 2006, an increase of 16.7% that demonstrates to the increasing importance of the mark Visa in this segment. During the same period, the cost in the point of sale with this type of card grew a little more 16%. At present 7.5 million cards of Visa company exist in Europe that are used an average 55.8 times to the year.

In this sense, Luis Garci'a, Chief of a main directorate Europe Visa in Spain indicates Every time “is greater the number of companies in our country that are choosing to use cards of Visa company as effective tool to control the flow of expenses of trip and representation as well as the management of their purchases�?.

The United Kingdom heads the list of European countries where greater it is the volume of transactions with cards of Visa company, with an annual cost of 18,500 million Euros. They follow France with 6,600 million, Germany with 5,400 million, being Spain in fourth position.

* Data corresponding to June of 2006

On Visa

In Europe it has more than 308 million cards Visa of credit, debit and of companies. In the 12 months until March end of 2006 those cards they were used to realize distant purchases and of cash by a total volume of more than 1.17 trillions of Euros.

Visa is an association formed by members, an organization directed by its 4,500 European financial organizations member, which allows him to quickly take care of the specific needs of the European financial organizations and their clients - titular and commerce. Europe visa is Visa co-owner the International, the organization who guarantees the global interoperability of her products as well as the management of the mark Visa.

Visa is one of the payment marks leaders in the world and counts on a level of matchless acceptance that includes approximately 24 million acceptance points which they include more of a million automatic tellers.

For more information it visits www.visaeurope.com/es