Visa can start charging fee for digital purses like PayPal

Mon 25 Mar 2013

Visa executive director Charlie Scharf said that he would follow the example of competitor, MasterCard and implement a fee for digital wallets like PayPal. Earlier this year, MasterCard notified that this summer the company plans to charge a fee from companies that provide digital wallets - PayPal, Google Wallet and Square. The main reason for this decision is PayPal more and more active output offline.