Internet Retailer: Visa’s e-commerce transaction volume grows 59% year-to-year January-May

Visa reported that e-commerce charges for the year to date grew 59 percent relative to last year, to a whopping $37.6 billion. The rise comes even as alternative forms of online payments are quickly gaining steam as well, including e-checks and payment services like PayPal. Visa includes travel and online bill paying in with e-commerce figures.