Dhaka, Jan. 27 -- Visa's revenue growth continued to wind back to pre-pandemic levels in the first quarter as the post-lockdown travel craze ebbed and consumer spending slowed in a tough economy.

The world's largest payments processor still surpassed Wall Street targets for profit, sending its shares up 1.4 per cent to $227.82 in after-hours trading on Thursday, reports Reuters.

Cross-border volumes - a key measure that tracks spending on cards beyond the country of issue - jumped 22 per cent year-over-year on a constant dollar basis as a stronger greenback boosted out-of-US travel by softening the hit from inflation and rising interest rates.

Total payment volumes rose 7 per cent.

The growth was, however, far lower than a 40 per cent...