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Visa Targeting Affluent Consumers With Airport-Security Service

Visa Inc. (V) is offering users of its high-end credit cards a service that allows travelers to move to the head of the security line at a small number of airports as the world's largest payments network battles for more big spenders.The service, called CLEAR, is now available to consumers who use Visa Signature credit cards, which are typically marketed by banks to borrowers with higher household incomes than other borrowers, the card company said Friday.The perk is among several new benefits Visa expects to add to its Signature platform under a five-year plan the company embarked on six months ago to beef up its presence among affluent customers in U.S. market, Nick Talwar, head of North America consumer credit for Visa, said in an interview on Thursday."Visa's strategy overall is for us to be ... the undisputed, unequivocal, obvious network of choice for issuing clients who want to cater to the needs of the affluent segment," said Mr. Talwar, a former Citigroup Inc. (C) executive wh...

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