Spending by international travelers using Visa cards increased by 12 percent in 2010, according to Eduardo Coello, general director of Visa in Mexico. Billing was up from four billion pesos in 2009 to 4.4 billion in 2010. Americans accounted for 3.1 billion of this total, followed by Canadians and Europeans. Biggest growth, however, came from South Americans. Brazilian spending increased 85 percent and Argentines spent 53 percent more in Mexico during 2010 than they had in 2009.
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Jimm Budd
Reporting from Mexico City
Member of the Society of American Travel Writers
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