Visa has no plans for digital wallet fee at this point -exec

SAN FRANCISCO, March 21 Thu Mar 21, 2013 11:51am EDT

SAN FRANCISCO, March 21 (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.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.