Visa cards now account for €1 in every €7 of Irish consumer spending, new figures from Visa Europe show.
Annual expenditure on Visa cards reached €15.5 billion for the first time in 2012, an increase of 17 per cent on 2011 expenditure.
There was a 43 per cent increase in the number of Visa cards – debit, credit and prepaid – in Ireland; there are now 4.9 million Visa cards in the country.
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