Visa sees muted revenue growth in 2020, shares fall 3%

(Reuters) - Visa Inc on Thursday fell short of analysts' estimate for first-quarter revenue and said revenue this year would be crimped by incentives it provide to banking clients, sending its shares down nearly 3%.The world's largest payments network said it now expects client incentives as a percentage of revenue to be in the high-end of its forecast range of 22.5% to 23.5% in 2020.Client incentives are what Visa pays out to their issuing bank partners to increase its total payments volume..