Visa Inc said on Wednesday quarterly net income rose by 14 percent, as the company processed more card payments and payment volumes increased.

The San Francisco-based card processor reported fiscal fourth-quarter net income of $880 million, or $1.27 per share of class A common stock, up from $774 million, or $1.06 per share, a year ago.

(Reporting by Joe Rauch; Editing by Gary Hill)