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Nairametrics

Splurge!! Visa Card Users Spend Spend $188million In Brazil And This Is Just During The Group Stages

Nairametrics by Nairametrics
July 11, 2014
in Uncategorized
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Visa just released this report;

Total Spending Hits Record Levels

Total spend by international travelers on Visa accounts through the Group Stage hit US$188M. This represents a 152 percent increase year-over-year, and a 141 percent increase when compared to the US$78M spent by travelers attending the 2013 FIFA Confederations CupTMduring the same timeframe. The highest spending day in the 2014 FIFA World Cup Brazil was June 25, when travelers spent US$17.4M in one day.

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Visitors from the United States, followed by the United Kingdom, France, and Mexico represented the largest overall tourist spend in Brazil. The most significant spending increases were seen from countries such as Australia (+835%); Colombia (+765%); Chile (+519%) and Mexico(+396%).

“As the FIFA World Cup continues in July, Visa will continue to help everyone, everywhere, be a part of the FIFA World Cup in Brazil,” said Fort.

Visa has worked with partner organizations and service providers in Brazil to implement and manage the entire payment system infrastructure throughout all 12 FIFA World Cup venues, including deployment of more than 3,000 Visa contactless-enabled point-of-sale terminals and 75 ATMs.

Tags: News Review
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