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Visa to boost contribution to U.S.-based employees' retirement plan


(Reuters) - Inc said on Monday it would increase contributions to its U.

S.-based employees' retirement savings plans as the world's largest payment processor benefits from a new

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 U. S. employees, but the company said it is exploring other global employee benefits and investments.

(Reporting by in Bengaluru)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 09 2018. 01:24 IST