Visa 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 tax law.
The company will increase its 401(k) match to 5% of salary, up from 3%, 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.
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