UPDATE 3-Visa profit jumps, lower cross-border volume weighs on shares

Visa Inc reported higher expenses and lower spending by people using its cards abroad on Wednesday even as increased overall consumer spending drove quarterly profit 14 percent higher. Shares of the company were trading lower after the bell as investors worried over a slide in cross-border volume growth, which measures the value of transactions made on a Visa card outside a customer's home country. The company and its rival Mastercard had recently come under fire for charging high fees on tourist cards in the European Union.

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