NEW YORK—Visa Inc. beat Wall Street’s quarterly estimates on Thursday as more international travel and e-commerce drove an increase spending volumes. While travel spending has stalled since late December due to the Omicron variant of the coronavirus, Visa executives said they believe the recovery will resume and net revenue will grow in the second fiscal quarter this year. “The upside is going to come from the continued recovery of travel and the affluent customer getting back in the mix of spending at the levels they were pre-pandemic,” Visa Chairman and Chief Executive Alfred Kelly said on a call with analysts. The world’s largest payments processor reported transactions rose 21 percent to $47.6 billion during the quarter compared with a year earlier. Cross-border volumes rose 40 percent, marked by a steep increase in travel between September and November when the U.S. border and most of the borders within Europe reopened. Visa’s …