A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. Photo: Reuters/Philippe Wojazer/Illustration
Visa Inc said on Monday it would increase contributions to its US-based employees’ retirement savings plans as the world’s largest payment processor benefits from a new tax law.
The company will increase its 401(k) match to 5 percent of salary, up from 3 percent, which will take effect in late February.
The contribution is applicable only to Visa’s US employees, but the company said it is exploring other global employee benefits and investments.
