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LONDON— GoHenry, a debit card and financial education app designed for children ages 6-18, has announced the launch of what it said is the first fully biodegradable debit card made from plants that promise to decompose after use, not in a wallet.

SAN FRANCISCO—Profits at Visa jumped in its most-recent quarter, driven by consumers and businesses getting back to spending on their credit and debit cards after the pandemic.