Visa says US payment volume decline stabilises
Visa, the world's largest payment network, said on Wednesday that US payment volume decline stabilised in April and May, but cross border volume accelerated, as consumers cutback spending and traveling expenses in the worst recession in decades.
Guyana's Ambassador to Venezuela Odeen Ishmael says that during this year remittances to Latin American and Caribbean countries from the more developed countries will decline by US$4B from last year's figure.