Visa processed 257.5 billion transactions in fiscal 2025, leading to a total payment volume of $13.9 trillion, an increase of ~7% versus the $13.0 trillion reported in the prior year. This compares against Mastercard's gross dollar volume of $10.6 trillion in fiscal 2025, representing an increase of ~8% versus the $9.8 trillion reported last year. During the quarter ending March 31st, Visa derived 55.6% of its total payment volume from international markets, compared to 70.6% for Mastercard.