The card company said that its share will be paid from the previously funded litigation escrow account established in accordance with the Company’s Retrospective Responsibility Plan.
For the quarter ended 30 June 2012, its adjusted net income was $1.1bn, or $1.56 per diluted class A common share, an increase of 25% over the prior year.
The adjusted weighted-average number of diluted class A common shares outstanding during the third quarter was 675 million.
GAAP net operating revenue stood at $2.6bn, up by 10% over the prior year, which was driven by strong double-digit growth in service revenues, data processing revenues and international transaction revenues.
Visa chairman and chief executive officer Joseph Saunders said the firm reported global growth in payments volume, cross border transactions and processed transactions outside the US, executing on its strategy of growing the electronification of payments worldwide.
Visa manages its business in more than 200 geographies and offers payment solution to consumers, businesses, financial institutions and governments.
