...A. FY20 Highlights: FY20 started off strong. 1. As COVID-19 spread across the globe certainly, Co.'s business was impacted. a. b. Thereby, Co. was quite thoughtful during year adjusting expenses, yet Co. continued to invest in key initiatives to support and fuel growth. 2. Over 185b payment transactions and almost $9t of payment volume were made on V credentials. 3. Acceptance points grew 16% to nearly 70m merchant locations and that only counts Co.'s partners like PayPal, Square and Stripe as one each. 4. Contactless penetration grew to 43% of all face-to-face transactions around the world, 65% excluding US. 5. US tap-to-pay cards reached 255m. Globally, there were 23 countries that increased their penetration by 25 points or more over FY19. a. 6. Expanded wallet partnerships, which now represent over 2b in potential credentials and nearly 70m additional potential acceptance location. Globally, number of active credentials in e-commerce excluding travel rose 14% since Jan., reinforcing...
