Visa Inc. (NYSE:V) Alliance Bernstein 37th Annual Strategic Decisions Conference June 2, 2021 1:30 PM ET
Company Participants
Vasant Prabhu – Vice Chairman and Chief Financial Officer
Conference Call Participants
Harshita Rawat – Bernstein
Harshita Rawat
Good afternoon, everyone. Thanks for joining us today for our 37th Annual Strategic Decisions Conference. I’m Harshita Rawat, Senior Analyst covering U.S. Payments at Bernstein. I’m delighted to be joined today by Vasant Prabhu, the CFO of Visa. A quick housekeeping item for people viewing this webcast investors are able to submit questions through the pigeonhole link on the left-hand side of your viewing screen.
And with that, let’s begin. Vasant, thank you very much for joining us today.
Vasant Prabhu
Good afternoon Harshita, thanks for having me.
Harshita Rawat
Fantastic. And Vasant you put out an 8-K last night with a lot of good data around some of the improving spending trends here, seeing both in domestic, as well as cross-border spend. To kick things off for the audience, can you talk about some of the overarching spending trends around consumer travel behavior that you’re seeing today?
Vasant Prabhu
Sure. So, the 8-K is out and it’s in keeping with what we’ve been doing for the last several quarters since the pandemic started. We’ve been putting out an 8-K in the middle of the quarter to give people a sense of how trends are moving along since things are changing fast. You might remember when we did our second quarter call, we provided a lot of color on what was going on with the business. And so, it’s, perhaps you still to just compare or made it relative to the second quarter in April.
If you look at our 8-K we put out, normally what we provide is U.S. trends, and then we also talk about
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