Visa has no plans for digital wallet fee at this point

Published on Mar 21, 2013
11:55 PM

SAN FRANCISCO (REUTERS) - Visa Inc has no plans to implement a "digital wallet" fee at this point, Jim McCarthy, global head of product at the payment network, said on Thursday.

The comment came amid recent concern that Visa might follow MasterCard Inc's move to impose a new fee on operators of digital wallets, such as PayPal, owned by eBay Inc.

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Visa has no plans for digital wallet fee at this point

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