Visa
Q3 2022 Earnings Call
Jul 26, 2022, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Welcome to Visa's fiscal third quarter 2022 earnings conference call. [Operator instructions] Today's conference is being recorded. [Operator instructions] I would now like to turn the conference over to your host, Ms. Jennifer Como, senior vice president and global head of investor relations.
Ms. Como, you may begin.
Jennifer Como -- Senior Vice President and Global Head of Investor Relations
Thanks, Jordan. Good afternoon, everyone, and welcome to Visa's fiscal third quarter 2022 earnings call. Joining us today are Al Kelly, Visa's chairman and chief executive officer; and Vasant Prabhu, Visa's vice chair and chief financial officer. This call is being webcast on the Investor Relations section of our website at www.investor.visa.com.
A replay will be archived on our site for 30 days. A slide deck containing financial and statistical highlights has been posted on our IR website. Let me also remind you that this presentation includes forward-looking statements. These statements are not guarantees of future performance, and our actual results could differ materially as a result of many factors.
Additional information concerning those factors is available in our most recent reports on Forms 10-K and 10-Q, which you can find on the SEC's website and the Investor Relations section of our website. For non-GAAP financial information disclosed in this call, the related GAAP measures and reconciliation are available in today's earnings release. And with that, let me turn the call over to Al.
Al Kelly -- Chairman and Chief Executive Officer
Jennifer, thank you, and good afternoon, everybody, and thank you for joining us. Before I talk about the quarter, I wanted to acknowledge the passing of Dee Hock, Visa's founder and chief executive officer emeritus. The whole Visa family deeply mourns the loss of a true visionary and a great man. Even with several global and macro events from the war in Ukraine to inflation, to concerns over a broader recession, Visa's business model has proven to be very resilient with strong financial performance.
Net revenues grew 19% year over year, and non-GAAP EPS was $1.98, up 33%. Total Q3 payment volume was 136% versus three years ago, up 1 point from Q2. In the U.S., payments volume index to 2019 was 146% in the quarter. U.S.