April 25, 2018 / 8:18 PM / 3 months ago

Visa quarterly profit jumps six times

April 25 (Reuters) - Global payments company Visa Inc's second-quarter profit rose more than six times on Wednesday due to lower taxes and as more people made payments using its network in a resurgent global economy.

Net income of the world's largest payments network operator rose to $2.61 billion in the quarter ended March 31, from $430 million, a year earlier.

Earnings per Class A share rose to $1.11 from 18 cents a year earlier. (Reporting by Pallavi Dewan and Diptendu Lahiri in Bengaluru; Editing by Arun Koyyur)

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