MasterCard’s move to increase the fees charged to “staged” digital wallets like PayPal could see a similar surcharge being applied by Visa... More
The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not. More
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