Visa quarterly profit rises on strong transaction volumes

Oct 28 (Reuters) - Visa V.N reported a rise in fourth quarter adjusted profit on Tuesday, as strong consumer spending trends helped the global payments processing company's card transaction volumes.

The company reported adjusted net income of $5.80 billion, or $2.98 per share, in the three months ended September 30, compared with $5.43 billion, or $2.71 per share, in the year earlier.