quote: it won't apply to apple, as apple invented digital wallets and therefore owns all patents on all types of digital transactions made by anyone in the world. and thus, visa actually owes apple 1 billion dollars, plus maybe some starbucks coupons.
quote: everything is about Apple.
quote: PayPal currently pays standard credit card fees to Visa and MasterCard, as well as American Express. These fees are paid whenever a PayPal purchase is made with a credit card bearing one of the companies’ logos.The new fees that are being considered are in addition to these standard credit card fees.
quote: Visa, etc., are already getting fees. Why the doubling up?
quote: Yes.. I used to work for PayPal