Visa CEO calls digital wallet fee on PayPal 'appropriate'

SAN FRANCISCO — Visa Chief Executive Charlie Scharf suggested on Wednesday that the payment network may impose a fee on digital wallet operators like PayPal, following rival MasterCard. MasterCard said earlier this year that it plans a new fee for digital wallet operators starting in June. PayPal is not an official payment network in its own right. Instead, when people use PayPal to pay for somet...

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